Auditing HMDA: Loan Amount
HMDA is one of the most difficult compliance requirements because there is very little, if any, room for error. While there are plenty of data fields that can trip you up sometimes it’s the ones that don’t seem all that difficult on the surface that can give you the most problems. The loan amount, for example, is one of the most common errors noted year in and year out. The loan amount to be reported often depends on the specific circumstances surrounding the application being reported. For example, the loan amount you report could differ depending on whether the application was originated, if a counteroffer was made and/or accepted, if the loan was approved but not accepted, etc.
David explains more in the video.
2025/10/06
David Dickinson
David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.
He is an expert in compliance regulations. He is also a motivational speaker and innovative educator. His quick wit and sense of humor transforms the usually tiring topic of compliance into an enjoyable educational experience. David is on the faculty of the American Bankers Association National Compliance Schools and has served on the faculty of the Center for Financial Training for many years. He also is a frequent speaker at the ABA’s Regulatory Compliance Conference. He is also a trainer for hundreds of webinars, is a Certified Regulatory Compliance Manager (CRCM) and has been a BankersOnline Guru for many years. The American Bankers Association honored David with their Distinguished Service Award in 2016.
David and his wife Karen have three adult children, four grandchildren (none of whom live at home!) and two cats (of which Dave is allergic … the cats, not the children!). They recently moved to an acreage outside of Lincoln, Nebraska where he gets to play with his tractor. When possible David can be found fishing, making sawdust in his shop, or playing the guitar and piano. He also enjoys leading worship at his church.