FHA Connection Updated to Collect Expanded Home Mortgage Disclosure Act Data

Expanded demographic information will start being collected in the FHA Connection (FHAC) on March 1, 2021.  Expanded borrower demographic information will align with the HMDA regulations and includes ethnicity, race, and sex.  According to FHA INFO #21-02, “Demographic data previously entered under fields which are replicated in the revised FHAC screens will rollover.” FHA INFO #21-02 also identifies the FHAC revised screens.

In order to accommodate the new demographic information, the FHAC Business to Government (B2G) submission technical requirements have been updated and the new format is required to be used no later than June 1, 2021. 

The Technology Open to Approved Lenders (TOTAL) Mortgage Scorecard is not being updated at this time. Until it is updated, the TOTAL Mortgage Scorecard will continue to upload to the FHAC the HMDA data in the legacy format.