AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, December 30, 2024

Updates published to for Conventional, VA. Built from published records only.

Action required, new this week

Required changes published this week.

No new required changes this week.

Coming into effect in the next 60 days

Effective dates from .

Arch MI increases maximum loan amounts to match new 2025 conforming and high-balance limits
Arch MI, CA 2024-03 expanded EZ Decisioning 1-unit limits. In 6 days.

Review recommended

New guidance, clarifications, flexibilities, overlays and insurer positions.

CFPB, Final rule; official interpretation FR Doc. 2024-30652,
Review recommended

HMDA (Regulation C): asset-size exemption threshold raised to $58 million for 2025

Loan impactAll programsHMDACompliance

Applies to: Banks, savings associations and credit unions with assets of $58 million or less as of December 31, 2024 are exempt from collecting HMDA data in 2025.

What to review: No change is mandatory. Start by checking whether your institution, as a bank, savings association or credit union, had assets at or below $58 million (up from $56 million) as of December 31, 2024. If it did, it may choose not to collect HMDA data in 2025 under the relaxed threshold effective January 1, 2025, but it must still report data it was required to collect in 2024. AWACS interpretation

Effective Jan 1, 2025View affected requirements →

Threads that moved

Topics more than one source has acted on, with a new update this week.

No thread moved this week.

Data releases

Data releases and announcements with no direct requirement.

No data releases this week.