Banker's Compliance Consulting Blog

Reporting Income for HMDA

During the loan application and underwriting process, loan officers often encounter different...

Reporting Demographic Information: Don't Touch It!

When an applicant provides their demographic information (race, sex, and ethnicity) in connection...

Small Filers & Exempt HMDA Data

If you are considered a “small filer” for HMDA, it basically means you don’t have to report as much...

Regulation E Business Days

Many of the timing requirements found in Regulation E are based on “business days”.There are some...

HMDA: Reporting the Action Taken for Counteroffers

In one of our recent HMDA webinars, we received the following question:

HMDA: Reporting the Loan Amount

Reporting the loan amount for HMDA can be tricky.First of all, you are required to report the exact...

HMDA: Prequalifications vs. Preapprovals

Lenders, and others in the mortgage industry often use the terms “prequalification” and...

HMDA Small Filers Thresholds

Whether a financial institution is subject to HMDA depends on meeting certain criteria.For...

HMDA Dwelling: Assisted Living vs. Nursing Homes

In order for an application to be HMDA-reportable, it mustbe secured by a dwelling.HMDA defines...

Banker’s Compliance Consulting & Brady Martz

We’re thrilled to share some exciting news with our community.