Update on CRA Reporting Requirements

We have been receiving questions concerning the credit reporting requirements that require your compliance beginning 6/15/2016, explained in Furnisher Data Reporting and Process Requirement Changes To All Data Furnishers*, dated March 2016.

We are aware of the requirements, and we are analyzing them to determine what, if any, changes may we must make to CAMS-ii to accommodate those changes/requirements.

We will announce the changes on the CBS Message Center to keep you up-to-date.

[5/6/2016] Our initial analysis reveals that the CAMS-ii must include a separate Generation Code -- Jr., Sr., III, and so forth -- text box­ in the Personal Data Record to meet the Reporting of consumer personally identifiable information requirement cited in the Furnisher Data Reporting and Process Requirement Changes To All Data Furnishers*.

At this time, we anticipate no other changes/additions to CAMS-ii to meet the CRA Reporting Requirements.

We will add the Generation Code in an upcoming CAMS-ii release with sufficient lead time to meet the 9/15/17 mandate. The addition of this text box will be noted in the CAMS-ii Release Notice for the CAMS-ii release that contains this change.

*If you have not received this document, please consult the credit reporting agencies to which you report.