The Consumer Financial Protection Bureau (CFPB) finalized proposed changes on August 24, 2017, to its Home Mortgage Disclosure Act (HMDA) rule that would temporarily raise the home equity line of credit (HELOC) reporting threshold for smaller financial institutions, including credit unions, from 100 to 500. The previous HMDA rule required that credit unions report if they made 100 HELOC loans in each of the last two years. The final rule has increased that threshold to 500 loans through calendar years 2018 and 2019 while the CFPB decides whether or not to make the change permanent. The finalized CFPB rule also contains clarifications, technical corrections, and minor changes to the HMDA regulation, which include clarifying key terms, such as “temporary financing” and “automated underwriting system.” The CFPB’s final HMDA rule changes are set to take effect January 1, 2018, with most data submissions under the new provisions due in 2019. The rule changes affect HELOCs, establish transactional thresholds for coverage, and expand the number of HMDA data points to be collected from credit unions.