How Well do You Really Know Your HMDA Peers?

by | Jul 29, 2020 | blog, HMDA 2019

Questionable HMDA annual income values can compromise the integrity of fair lending and Community Reinvestment Act (CRA) analysis. This field seems straightforward, right? The lender reports the “gross annual income relied on in making the credit decision”. The lender...

Data Integrity in 2019 Modified HMDA LARs

by | Apr 17, 2020 | blog, HMDA 2019

Two months ago, I wrote about data quality issues that I had seen in the 2018 public HMDA dataset. It turns out that HMDA data quality issues persist in 2019. LendingPatterns™ quickly revealed income reporting issues in the LAR.  As an example, for one lender, the...