Every quarter, CrossCheck addresses scenarios that arise as Home Mortgage Disclosure Act (HMDA) reporters collect and review data and prepare their LAR for submission. In this issue, we explore the following 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.
HMDA Resources
- Submit your HMDA question
- Subscribe to our publications
- Explore CrossCheck’s HMDA compliance services
HMDA Hub is a quarterly Q&A series that addresses scenarios that arise as lenders collect, review, and prepare their LAR for submission.
