Exam Preparation

HMDA Exam Preparation for Licensed Fintechs

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 licensed fintechs.

More for Licensed Fintechs

Licensed Fintechs Exam Preparation Challenges

Managing licenses across 50+ jurisdictions
Tracking state-specific requirements
License renewal management
State examiner relationships
Scaling to new states efficiently

Examining Agencies

CFPBFDICOCCFederal Reserve

Exam Frequency

As part of consumer compliance or fair lending examination

Preparation Steps for Licensed Fintechs

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 Licensed Fintechs

State licensing and renewalBSA/AML programConsumer protectionState-specific disclosure requirementsExamination management

Frequently Asked Questions

Transform HMDA Exam Preparation for Your Licensed Fintech

See how licensed fintechs prepare for examinations in days, not weeks.