by Dana Ginsburg | Apr 1, 2022 | blog, News, Uncategorized
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...
by Matt Piven | Mar 28, 2022 | blog
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...
by Maurice Jourdain-Earl | Mar 24, 2022 | blog, News
2021 HMDA Facts by ComplianceTech 2021 HMDA Facts FREE DOWNLOAD Send download link to: LendingPatterns™ is a premier web-based, HMDA data-mining tool for the Home Mortgage Disclosure Act. It’s an easy-to-use solution with the power and flexibility to generate custom...
by Debbie Malzahn | Jan 10, 2022 | blog, Uncategorized
As a mortgage compliance professional, you know your fair lending responsibility as it relates to HMDA; but I want to go beyond and discuss how to use HMDA data for strategic planning. If you are concerned with corporate growth and development, then you know...
by Matt Piven | Dec 30, 2021 | blog, Uncategorized
As we ring in the new year, it is helpful to recap what has happened in 2021 on three different fronts: HMDA, fair lending, and CRA (the Community Reinvestment Act). I count eight important developments. These are listed in no particular order below: 1. HMDA Filing...
by Debbie Malzahn | Dec 20, 2021 | blog, HMDA
HMDA data is both a recurring concern and a useful tool for financial institutions. Banks, credit unions, and independent mortgage companies have to submit HMDA every year or risk the penalties so that all of this data can then be viewable to the public and can paint...
Recent Comments