For the 2025 HMDA reporting year, financial institutions with assets at or below what threshold are exempt from HMDA reporting?

Correct answer: $58 million

The 2025 HMDA asset-size exemption threshold is $58 million (based on assets as of December 31, 2024). Institutions at or below this level are exempt from HMDA data collection and reporting. This threshold is adjusted annually for inflation. The exemption provides compliance relief for smaller community banks and credit unions that would be disproportionately burdened by HMDA reporting requirements.