Exam Preparation

HMDA Exam Preparation for Consumer Lenders

Home Mortgage Disclosure Act examinations focus on data accuracy, reporting completeness, and fair lending analysis. Canarie helps you maintain evidence of HMDA data quality controls and reporting procedures. Specifically tailored for the unique examination requirements facing consumer lenders.

More for Consumer Lenders

Consumer Lenders Exam Preparation Challenges

Multi-jurisdictional requirements
Consumer protection scrutiny
State rate and fee limitations
Fair lending requirements
CFPB oversight

Examining Agencies

CFPBFDICOCCFederal Reserve

Exam Frequency

As part of consumer compliance or fair lending examination

Preparation Steps for Consumer Lenders

1
Review HMDA data quality controls
2
Compile data scrubbing documentation
3
Document geocoding accuracy
4
Gather LAR validation results
5
Prepare resubmission tracking
6
Document training on data collection
7
Compile internal audit results

Evidence Examiners Expect

HMDA policy and procedures
Data quality control documentation
Geocoding accuracy reports
LAR validation and error tracking
Resubmission history
Staff training records
Internal audit findings

Related Compliance Areas for Consumer Lenders

TILA/Reg ZECOA/Reg BFCRAUDAAPState-specific requirements

Frequently Asked Questions

Transform HMDA Exam Preparation for Your Consumer Lender

See how consumer lenders prepare for examinations in days, not weeks.