by Dana Ginsburg | Jan 6, 2022 | HMDA
Maintaining Your HMDA Data Accuracy to Avoid Penalties When it comes to your client’s data, your main priority should rightly be keeping it secure from any third parties. However, when the time comes to deliver the data and you have accidentally omitted a piece of...
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...
by Dana Ginsburg | Dec 5, 2021 | blog, HMDA
When it comes to your client’s data, your main priority should rightly be keeping it secure from any third parties. However, when the time comes to deliver the data and you have accidentally omitted a piece of information, it can have serious consequences for you...
by Michael Taliefero | Oct 29, 2021 | blog, HMDA
I have always been shocked by the reluctance of lenders to use HMDA data for reasons other than fair lending. Too often the mention of the four letters, H M D A, causes heartburn among lenders. I suppose this is understandable because HMDA is associated...
by Dana Ginsburg | Jun 29, 2021 | Events, HMDA
The 2020 HMDA Snapshot LARs released by CFPB on June 17, 2021, are now available in LendingPatterns™. LendingPatterns™ is a web-based data mining and analytical tool that uses public and private Home Mortgage Disclosure Act (HMDA) data to analyze loan applications...
by Debbie Malzahn | Aug 19, 2019 | blog, HMDA
Finally, we can take the guess work out of describing the mortgage loan preferences of millennials. With the expanded 2018 HMDA data fields, we can analyze lending by the applicant’s age. This not only gives us a chance to better describe the typical millennial...
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