Week 2: HMDA Filing Is Open; A Readiness Checklist
The CFPB on January 7th sent a reminder that the filing period for HMDA data collected in 2024 opened on January 1, 2025, and submissions will be considered timely if received on or before Monday, March 3, 2025.
March 1 falls on a Saturday this year and as stated in Section 1003.5(a)(1)(iii) when the last day for submission falls on a Saturday or Sunday, a submission shall be considered timely if it is submitted on the next succeeding Monday.
Important update to logging in:
Signing in using Login.gov will be mandatory for the 2025 filing season.
Starting January 1, 2025, all users of the HMDA Platform must switch to a Login.gov account, which uses multifactor authentication. Users will no longer have the option to sign in using the current process.
For help with setting up your Login.gov account please utilize this link (https://ffiec.cfpb.gov/documentation/faq/login-gov-quick-reference) to access the Quick Reference Guide and FAQ’s.
Users must have a Login.gov account with a BUSINESS EMAIL ADDRESS ASSOCIATED WITH THEIR INSTITUTION. Personal email domains cannot be used to access the HMDA platform.
Please note that HMDA Help cannot assist with Login.gov technical questions. All Login.gov queries should be directed to Login.gov contact https://www.login.gov/contact/.
To ensure your institution is fully prepared for the March 3rd HMDA filing deadline, we've created this readiness checklist. Use it as a guide to assess your current state of preparedness and identify any areas that may require additional attention.
Don’t hesitate to reach out to SCA to discuss how we can assist and support you in your HMDA data accuracy and reporting program. Please contact our Director, Bill Dolan, at WDolan@scapartnering.com or by phone at (617) 694-2617 and schedule a time to speak with us today.
