HMDA Compliance Resources - Online Bankers Training

Resources to help with HMDA compliance

HMDA compliance is tough! With all the data you are required to collect and report, there are bound to be mistakes. Too many errors can lead to resubmission of your HMDA-LAR and even civil money penalties. This is also an area that has had major changes in the last several years.  

Banker’s Compliance Consulting has created a wide variety of resources to help the banking industry with HMDA compliance.

These include an HMDA Volume Test Chart, HMDA Data Guide, and an HMDA Action Taken Code Chart.

Did you know that the Consumer Financial Protection Bureau (CFPB) is full of HMDA related resources? The Federal Financial Institutions Examination Council (FFIEC) can help with their Rate Spread Calculator and other HMDA resources.

Published
2021/03/10