Modified home loan application registers now available for HMDA reporting

A modified loan/application register (LAR) is now available for every financial institution that has completed a Home Mortgage Disclosure Act (HMDA) submission, the umbrella group for federal financial institution regulators said Thursday.

According to the Federal Financial Institutions Examination Council (FFIEC) the modified LAR is downloadable.

According to the exam council, the modified LAR data represents the most current HMDA submission made by an institution. To download the file, users should enter the financial institution’s name. If no institution is found, it may not have been required to report HMDA data or it may not have completed its HMDA data submission, FFIEC advised.

Users may also download a combined file containing all financial institutions’ modified LAR records in a single file. The combined file is updated weekly on Mondays, the exam council said.

Modified Loan/Application Register (LAR)