HMDA Toolkit
On July 15, 2016 MISMO released its HMDA Toolkit, which is designed to help lenders implement the CFPB's final HMDA rule. The HMDA rule changes generally take effect for loans for which final action is taken in 2018. As a practical matter, that means lenders need to be ready in 2017 to start collecting data under the new rules. The toolkit is available for MISMO members.