Question: are helocs hmda reportable in 2019?
Answer: On Oct. 10, 2019, the Consumer Financial Protection Bureau (CFPB) announced a 239-page final rule impacting home equity lines of credit (HELOCs) reporting for the Home Mortgage Disclosure Act (HMDA) and Regulation C. ... This final rule impacting HELOCs is effective Jan. 1, 2020.