HMDA Hub
Welcome to CrossCheckâs HMDA Hub, a HMDA Q&A Series. CrossCheck Compliance answers questions that arise as lenders collect and review data and prepare their HMDA loan application register (LAR) for submission. These insights will help clarify ambiguities and ensure adherence to regulatory standards.
It is important to maintain meticulous procedures and practices to ensure an accurate LAR filing for your institution. The accuracy of HMDA data is paramount for conducting reliable fair lending analysis. Effective management of HMDA data demands careful recordkeeping, continuous training, and vigilant monitoring efforts.
If you have a HMDA compliance issue, we invite you to send your questions to Ask CrossCheck. Our team of HMDA compliance experts are ready to provide the guidance and support you need.
Please see the HMDA Hub archives below. Check back for future installments or subscribe to HMDA Hub to receive each issue via email.