The NCUA is reminding credit unions to file Home Mortgage Disclosure Act (HMDA) data by March 3. The HMDA platform’s new login process requires users to log in via Login.gov, which utilizes multifactor authentication. The Federal Financial Institutions Examination Council has a quick reference guide and FAQs to help users establish a Login.gov account.

Credit unions are subject to HMDA data collection requirements in calendar year 2025 if the following four criteria is met:

• Total assets as of Dec. 31, 2024, exceeded $58 million;
• A home or branch office in a Metropolitan Statistical Area on Dec. 31;     
• Originated at least one home purchase loan (other than temporary financing such as a construction loan) or refinanced a home purchase loan, secured by a first lien on a one-to-four-unit dwelling during 2024; and
• Originated at least 25 covered closed-end mortgage loans in each of the two preceding calendar years (2023 and 2024) or at least 200 covered open-end lines of credit in each of the two preceding calendar years (2023 and 2024).

If all four criteria are not met, the credit union is exempt from filing HMDA data for mortgage loan applications processed in calendar year 2025.