Is your HMDA data collection process complete and accurate? Do your different lines of business understand what loans are HMDA reportable? What is the process used to identify HMDA reportable applications within your bank’s systems for HMDA reporting? Have you reviewed policies and procedures for HMDA reporting? What areas of your HMDA process elevate your risk? It may be to your advantage to hire an expert HMDA process review consultant.
Our team of experienced compliance professionals has counseled many HMDA filers. We can help your institution maximize efficiency and reduce HMDA risk.
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