Banker's Compliance Consulting Blog

Banking Regulations Compliance | 2019 HMDA Demographic Information

Written by David Dickinson | Mar 1, 2019 1:14:39 PM

What do you do if an applicant marks a subcategory, but not the main category, when they complete their demographic information?  For example, say the applicant marks that they are Mexican (subcategory) but they do not mark that they are Hispanic (main category).

Listen to the video as Dave answers this question and why the 90’s rapper MC Hammer has some great advice on the topic!

We hope you will join us on March 7th for our HMDA Demographic Information Collection webinar.  We will spend one hour covering the ins and outs of collecting demographic information for HMDA, like when and how to fill out those pesky “yes/no” boxes on the collection form.

Published
2019/03/01
Dave Dickinson