List of articles

2021 HMDA Data Now in LendingPatterns™

ComplianceTech Announces the Refresh of the Home Mortgage Disclosure Act Data in LendingPatterns to Include 2021 Data ComplianceTech today announces the refresh of the Home Mortgage Disclosure Act (HMDA) data in LendingPatterns™ to include the 2021 data as published...

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Brief Summary of 2021 Modified HMDA LARs

HMDA Data Summary The total number of rows in the 2021 Modified LARs (25.96 million) and the number of originated transactions (14.89 million), while very high by historical standards, are both around two percentage points higher than the 2020 Snapshot data. What is a...

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Five Reasons for Doing a HMDA Scrub

With only a few months left before your March 1 filing, now is a good time to plan the year-end HMDA scrub. The point of a HMDA Scrub is to compare specific data in the loan application register (LAR) to loan origination source...

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What is a Low Denial Rate Really Telling You?

Here’s an observation worth considering: A low denial rate irrespective of prohibited bases does not in itself ensure that denial disparities by prohibited bases will disappear.  In fact, that low denial rate could be a warning that other issues exist, and if the...

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