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#1545809 - 05/04/11 07:14 PM HMDA -GMI info is incorrect
txgal, CRCM Offline
Junior Member
Joined: Jul 2006
Posts: 44
Texas
I am performing a HMDA compliance review and in looking at a loan appliation that in HMDA reportable, I noticed that the applicant marked "female" as their gender. We keep copies of driver's licenses and I can clearly tell they are "male". Can I change the application to indicate the correct gender status? Or should we just report it as documented on the application?

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#1545822 - 05/04/11 07:18 PM Re: HMDA -GMI info is incorrect txgal, CRCM
RR Becca Offline
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RR Becca
Joined: Sep 2004
Posts: 5,245
out of the frying pan...
If the borrower marked it themselves, keep it as-is. Your job is to make sure your LAR matches the documents, not to make sure the borrower marks it correctly. (No snark - I've run into the problem several times. Even had one applicant who marked ALL the race choices just to be difficult. smile )
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#1545824 - 05/04/11 07:19 PM Re: HMDA -GMI info is incorrect txgal, CRCM
raitchjay Offline
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Joined: Oct 2009
Posts: 8,568
OK
As much as i think you ought to be able to correct it, i don't see any support for that in the GIR. I think the consensus is to simply report what the applicants checked on the application.
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I'm fixin' to fix that.

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#1545894 - 05/04/11 07:46 PM Re: HMDA -GMI info is incorrect raitchjay
txgal, CRCM Offline
Junior Member
Joined: Jul 2006
Posts: 44
Texas
Thank you for your quick responses!

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