HMDA Compliance Reports
Let the QC Verify team assist with HMDA requirements and deadlines. Our team is knowledgeable of the most recent HMDA rules that address:
Financial institutions reporting deadline by March 1st.
Quarterly submissions for institutions reporting a minimum of 60,000 LAR entries.
Data Validation and Identify incorrect information and provide areas of improvement.
Address areas of improvement
QC Verify’s Fair Lending audits analyze the detail in the HMDA results for determining trends and perceived violations. The reports and Executive Summaries help lenders make decisions for mitigating fair lending violations. The Fair Lending review provides a comprehensive assessment of lending practices and behaviors in lending policies & procedures; lending patterns and trends; lending decisions based on rates and terms.