1. On the HMDA Exemption Reporting page, type the year (yyyy) for which the report is being filed, e.g., 2003.

2. Select the appropriate action (2=Add Report) from the Report Code field.

3. Type your lender identification number in the FHA ID # (10 Digit) field.

   Important Note: Do not click the Retrieve button (next to the FHA ID # (10 Digit) field when filing a new Exemption Report. The Retrieve button is only used to view or update a previously filed Exemption Report.

4. Type your financial institution's Tax Identification Number in the Reporter's Tax ID # field.

5. Type the name of your financial institution in the Institution Name field.
   

6. Type your financial institution contact person's information in the Contact First Name, Contact Last Name, Telephone Number, Fax Number, and E-mail Address fields.
   

7. Select the appropriate choice from the four exemption reasons listed.
   Note: If Other is selected, you must type a reason below the selection field.
   

8. Click Send (located at the bottom of the HMDA Exemption Reporting page). Review the processing results.

Return to top

Reviewing Processing Results

After clicking Send on the HMDA Exemption Reporting page, the information is processed. The HMDA Exemption Reporting Results page appears with a Message indicating that processing was successfully completed or that there are errors that need to be corrected before processing can be completed.

Processing Was Successful

If processing is successfully completed, the Message field states Exemption Report was Successfully Added.... for new reports or, Retrieval of Exemption Report was Successful..., for revised reports. The processed information displays below the message in read-only format. (See Updating a Previously Filed Exemption Report to add or change this information.)

Processing Was Unsuccessful
If there are errors that prevent Exemption Report processing, the Message field provides an explanation of the error. Add or correct the information specified in the Message field. Then submit again for processing .

Return to top

Updating A Previously Filed Exemption Report

To change reported information, complete the following:

1. On the HMDA Exemption Reporting page, type the year for which the exemption was reported in the Exemption Year field.
2. Select the appropriate action (3=Revise Report) from the Report Code field.
3. Type the lender identification number in the FHA ID# (10 Digit) field.
4. Click Retrieve (located at the top of the HMDA Exemption Reporting page, next to the FHA ID# (10 digit) field). The page is refreshed displaying previously reported exemption information for the specified financial institution.
5. Update recorded information as necessary and click Send (located at the bottom of the HMDA Exemption Reporting page). Review the processing results.

Return to top

See Also

Home Mortgage Disclosure Act (HMDA) - Business Background

HMDA Data Upload - Processing

HMDA Data Upload - Field Descriptions

HMDA Transaction Edit Report - Processing

HMDA Transaction Edit Report - Field Descriptions

HMDA Exemption Reporting - Processing

Return to top