---
title: "HMDA: Common Data Field Errors – Part 2"
description: HMDA compliance is challenging. Learn how to avoid common data field errors like action taken date, property address, and demographic information to prevent resubmissions and penalties.
---

[Banker's Compliance Consulting Blog ](https://blog.bankerscompliance.com/en)

# [HMDA: Common Data Field Errors – Part 2](https://blog.bankerscompliance.com/en/hmda-common-data-field-errors-part-2)

 Written by [David Dickinson](https://blog.bankerscompliance.com/en/author/david-dickinson) | Jan 6, 2025 5:30:12 PM

[HMDA](https://ffiec.cfpb.gov/) compliance is tough! With all the data you are required to collect and report, there are bound to be mistakes. Too many errors (and the threshold is very low) can lead to having to resubmit your data and even civil money penalties. You don’t want that! Taking the time to scrub your 2024 [HMDA](https://www.consumerfinance.gov/compliance/compliance-resources/mortgage-resources/hmda-reporting-requirements/) data before you submit it in 2025, will save you a lot of headaches but it can be daunting especially if you have a lot of entries. Knowing which data fields are likely to trip you up can help. The action taken date, property address, demographic information and income, are some to watch for.

David explains more in the video.

[ HMDA Resources!  ](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLJNd0BupCtPVlAtzEmajgbL6CLEOq0AmcnrzmzF%2FCsAZqLA98x01Wan9PvAukkHdbyH5a%2FiqM%2FtTWReS9AdJaHwMXBmqmB92oGNP1hvbNHxyE7dCKPCIUe4%2B3Wh%2Bm1lWfVBF6Jp71kRKNX%2F%2BS%2Fj29Rgu90%2Fb2c8H%2Fmz51RkczdEsZBvCWc4vIqnLa8my60YLV6jfpIFgVDJit6JGvFgAWlMoqW%2BU6k%3D&portalId=21201105) 

Published  
2025/01/06

 

[View full post](https://blog.bankerscompliance.com/en/hmda-common-data-field-errors-part-2)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "David Dickinson"
  },
  "dateModified" : "2025-01-06T17:30:12.451Z",
  "datePublished" : "2025-01-06T17:30:12Z",
  "headline" : "HMDA: Common Data Field Errors – Part 2",
  "image" : {
    "@type" : "ImageObject",
    "height" : 3873,
    "url" : "https://21201105.fs1.hubspotusercontent-na1.net/hubfs/21201105/tough.jpeg",
    "width" : 3873
  },
  "mainEntityOfPage" : "https://blog.bankerscompliance.com/en/hmda-common-data-field-errors-part-2",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://fs.hubspotusercontent00.net/hubfs/21201105/Bankers_Compliance_Consulting_Logo%20copy%202.jpg",
      "width" : 310.30304
    },
    "name" : "Banker's Compliance Consulting Blog"
  }
}
```