Banker's Compliance Consulting Blog

Adverse Action Notices: Specific Reasons for Denial

When you take adverse action on an application for a credit product/service, Regulation B requires...

HMDA: Action Taken Date

One of the data fields you are required to report on the HMDA-LAR is the “Action Taken Date.” In...

Adverse Action Notices: Giving the Reasons for Denial

Under Regulation B, when you take adverse action in connection with an application for a credit...

HMDA Action Taken: File Closed for Incompleteness

One of the data fields you are required to report on the HMDA-LAR is the “Action Taken.” In other...

HMDA for Large Filers: Filing Instruction Guide

Whether you are a large or small filer for HMDA, you should be familiar with the CFPB’s Filing...

HMDA Data: Application Date

When it comes to the application date for HMDA, you need to ensure you are relying on how HMDA...

HMDA Demographic Information: Don’t Touch It!

When an applicant completes their demographic information, we like to tell financial institutions...

HMDA Data: Universal Loan Identifier

If you are a “large filer” for HMDA, meaning you report ALL data fields, you are required to report...

HMDA Small Filers: Loan Purpose

HMDA applies to applications for the purpose of Home Purchase, Home Improvement, Refinancing, or...

HMDA Demographic Information

If you are an HMDA reporting bank, you know all too well that collecting Demographic Information...