In this edition, we address the following key HMDA compliance and reporting topics:
- Reporting Occupancy Type when move-in is delayed
- Using credit score codes when no score exists
- Determining Loan Term for construction-to-permanent financing
- Calculating Loan Amount for HELOC credit line increases
- Selecting Construction Method for mixed collateral loans
HMDA LAR Review and Compliance Support
CrossCheck partners with lenders to make the HMDA process seamless, offering manual file reviews, systemic reviews, ongoing monitoring, tailored training, and fair lending disparity analysis. Contact our team for more information.
CrossCheck partners with lenders to make the HMDA process seamless, offering manual file reviews, systemic reviews, ongoing monitoring, tailored training, and fair lending disparity analysis. Contact our team for more information.
Ask CrossCheck
Are you grappling with a HMDA compliance issue? We invite you to send your question to our team of HMDA compliance consultants for future editions.
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