Exam Preparation

HMDA Exam Preparation for Fintech

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 fintech.

More for Fintech

Fintech Exam Preparation Challenges

Building compliance programs from scratch
Meeting sponsor bank requirements
Preparing for potential direct regulation
Scaling compliance with rapid growth
Managing multi-state licensing

Examining Agencies

CFPBFDICOCCFederal Reserve

Exam Frequency

As part of consumer compliance or fair lending examination

Preparation Steps for Fintech

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 Fintech

BSA/AML programConsumer protectionData privacyThird-party risk managementState licensing

Frequently Asked Questions

Transform HMDA Exam Preparation for Your Fintech

See how fintech prepare for examinations in days, not weeks.