Question: I have recently become aware that a Home Mortgage Disclosure Act Loan Application Register (HMDA-LAR) we previously filed for 2013 contained systemic errors. Am I required to correct and ...
Regulators expect HMDA data to be accurate and they expect mortgage lenders to implement a system of policies, procedures, training, and ongoing monitoring to confirm its accuracy. Assuring HMDA data ...
Effective Oct. 1, 2009, Regulation C, the implementing regulation of the Home Mortgage Disclosure Act (HMDA), imposes new data collection requirements, comparison rates and thresholds for reportable ...