Exam Preparation
HMDA Exam Preparation for Neobanks
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 neobanks.
Neobanks Exam Preparation Challenges
Meeting sponsor bank compliance requirements
Building compliance credibility
Scaling compliance with user growth
Preparing for potential direct regulation
Managing third-party risk
Examining Agencies
CFPBFDICOCCFederal Reserve
Exam Frequency
As part of consumer compliance or fair lending examination
Preparation Steps for Neobanks
1
Review HMDA data quality controls2
Compile data scrubbing documentation3
Document geocoding accuracy4
Gather LAR validation results5
Prepare resubmission tracking6
Document training on data collection7
Compile internal audit resultsEvidence 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 Neobanks
BSA/AML programConsumer protectionData privacyThird-party risk managementSponsor bank requirements
Frequently Asked Questions
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Fair Lending Exam Preparation
Demonstrate fair lending compliance with systematic evidence capture and monitoring workflows.
Consumer Compliance Exam Preparation
Prepare for consumer compliance examinations with comprehensive evidence capture across all regulations.
HMDA Exam Preparation for Other Industries
Transform HMDA Exam Preparation for Your Neobank
See how neobanks prepare for examinations in days, not weeks.