A Guide to HMDA Reporting - ffiec

Disclosing
the Data
Disclosure of a Modified LAR
Institutions must make their LAR data—
modified to protect privacy interests of
applicants and borrowers—available to
the public upon request in electronic
or printed form. Three fields must be
deleted: the application or loan number,
the date the application was
received, and the date the action was
taken. Aside from those three modifications,
Regulation C does not permit
deletions. Nor does Regulation C require
any changes to the format or order of
the data before their disclosure. Nevertheless,
institutions are strongly encouraged
to make the data available in
census tract order, if possible.
A modified register must be available no
later than March 31 for requests made
on or before March 1 following the year
to which the data relate, and within 30
days for requests made after March 1.
The modified register must continue to
be made available to the public for three
years.
Disclosure Statements
Prepared by the FFIEC
Using data from each institution’s LAR,
the FFIEC will prepare and post to
the Internet (www.ffiec.gov/hmda) a
series of tables that will comprise the
institution’s disclosure statement.
An institution must make the statement
available to the public for inspection and
copying at its home office in printed or
electronic form within three business
days of the disclosure statement's
posting to the Internet. In addition, if an
institution has branch offices in other
MSAs/MDs, it must make available an
MSA/MD-specific disclosure in one of
two ways:
¢ by making the statement available in
at least one branch office in every
MSA/MD other than the MSA/MD of
the home office, within ten business
days of receipt from the FFIEC, or
¢ by posting an address for requesting
copies in every branch office in
an MSA/MD (other than branches in
the MSA/MD of the home office) and
responding to written requests
within fifteen calendar days.
The institution may charge a reasonable
fee to cover costs incurred.
The disclosure statement must remain
available to the public for five years,
and an institution must post a notice
about its availability in the lobby of its
home office and each branch office
located in an MSA/MD. See the suggested
text for the poster in staff comment
203.5(e)-1.
Aggregate Tables Prepared
by the FFIEC
In addition to preparing individual
disclosure statements, the FFIEC will
combine the HMDA data submitted by
all reporting institutions and produce
aggregate tables for each MSA/MD.
The FFIEC will also produce tables for
each MSA/MD showing the lending
patterns according to demographic
characteristics provided by the Census
Bureau, such as age of housing stock.
The FFIEC will make available copies of
the individual disclosure statements,
MSA/MD aggregate tables, and other
HMDA data products on the FFIEC web
site, www.ffiec.gov/hmda.
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