|Subject:||FAQ about HMDA Price Data|
|Date of Memorandum:||06/22/2006|
|Expiration Date:|| |
|Signed By:||McKenzie, Thomas|
|FCA Contact Person:||Cohn, Jennifer|
|List of Attachments:||703-883-4020|
Farm Credit Administration 1501 Farm Credit Drive
McLean, Virginia 22102-5090
June 22, 2006
To: Chief Executive Officer
All Farm Credit System Institutions
From: Thomas G. McKenzie, Director and Chief Examiner Thomas G. McKenzie
Office of Examination
Subject: Updated Answers to Frequently Asked Questions About HMDA Price Data
The purpose of this Informational Memorandum (IM) is to inform Farm Credit institutions that the Federal bank, credit union, and thrift supervisory agencies, along with the Department of Housing and Urban Development (HUD), have released updated “Answers to Frequently Asked Questions” (FAQs) to aid interpretation of the 2005 home loan data to be disclosed this year under the Home Mortgage Disclosure Act (HMDA). The updated FAQs are posted on the web site of the Federal Financial Institutions Examination Council (FFIEC), www.ffiec.gov/hmda.
If you have any questions about this IM, please call or e-mail Jennifer A. Cohn, Senior Attorney, Office of General Counsel, at (703) 883-4020 and firstname.lastname@example.org; or Charlotte Miller, FCA Examiner, Examination Policy and Development Division (703) 883-4272 and email@example.com.