Fixed Issues
This section provides a summary of the issues we've addressed in this release. It includes fixes and other resolved problems that improve the stability and functionality of the product. These updates help enhance your overall experience by reducing disruptions and optimizing performance, reflecting our ongoing focus on continuous improvement.
HMDA Information
Update to HMDA Review Error (Q616) - Discount Points(50001361)
ECS has made an update to the HMDA review to address a specific scenario where Discount Points (field ID HMDA.X35) is blank on the HMDA Information input form. When running compliance with the HMDA review enabled and the Discount Points field blank, the system no longer returns the below edit warning Q616. This change aligns with the Fair Housing (FIG) guidelines, which state that the Discount Points field is alphanumeric and can be left blank if no points were paid.
HMDA Review
Review Error (Q616) - Discount Points(50001361)
Please review the information below and update your file, if needed.
1) If Total Loan Costs and Discount Points are not reported NA or Exempt, and are both nonzero numbers, then Total Loan Costs generally should be greater than Discount
Points.
2) If Total Points and Fees and Discount Points are not reported NA or Exempt, and are both nonzero numbers, then Total Points and Fees generally should be greater than
Discount Points.
3) The discount points should not generally be higher than 15% of the loan amount and must be reported in dollars.
2025 FIG (Filing Instructions Guide) Table 7
| Edit ID | Data Point Name | Accepted Data Fields | Edit Description |
|---|---|---|---|
|
Q616 |
Discount Points |
Discount Points; Total Loan Costs; Total Points and Fees |
Please review the information below and update your file, if needed. 1) If Total Loan Costs and Discount Points are not reported NA or Exempt, and are both nonzero numbers, then Total Loan Costs generally should be greater than Discount Points. 2) If Total Points and Fees and Discount Points are not reported NA or Exempt, and are both nonzero numbers, then Total Points and Fees generally should be greater than Discount Points. 3) The discount points should not generally be higher than 15% of the loan amount and must be reported in dollars. |
2025 Filing Instructions Guide (FIG)
Access the latest guidance on filing annual HMDA data collected in 2025 with the Consumer Financial Protection Bureau (Bureau) in 2026.
CE-54728
