Skip to content
BOL Conferences
Page 9 of 13 1 2 7 8 9 10 11 12 13
Thread Options
#1788005 - 02/21/13 04:49 PM Re: Who has submitted? SMQ, CRCM
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 9,088
OK
smile
_________________________
I'm fixin' to fix that.

Return to Top
HMDA

   
HMDA Academy
#1788218 - 02/21/13 10:39 PM Re: Who has submitted? SMQ, CRCM
SMQ, CRCM Offline
Power Poster
SMQ, CRCM
Joined: Apr 2001
Posts: 4,828
Between the lines
We finished reviewing, testing, etc. earlier this week and submitted about 10 minutes ago.

I will be out for a few days next week and just did not want to wait till Thursday. Just my luck, the lines would be down or some such IT blip. Not worth the risk.
_________________________
NOLA is my Beach!

Return to Top
#1788294 - 02/22/13 01:13 PM Re: Who has submitted? SMQ, CRCM
Skittles Online
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
I hope to be finishing up my reviewing today and submit next Monday or Tuesday. Like SMQ - I don't want to wait until the last minute.
_________________________
My Opinions Only

Return to Top
#1788494 - 02/22/13 05:51 PM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,395
I DO want to wait until almost the last minute. Security in numbers notwithstanding, examiners due in shortly and the less time they have to dig through my LAR, the better. :wicked grin:

Return to Top
#1788505 - 02/22/13 06:02 PM Re: Who has submitted? SMQ, CRCM
manimal Offline
Diamond Poster
manimal
Joined: Feb 2008
Posts: 2,207
Deleted
Got my confirmation yesterday! Actually, I got a call from HMDA Help this year. When I sent over my "I agree with everything" response to the Quality Edit Reports, they couldn't read one of my approvals. Instead of rejecting the whole thing they just called and confirmed over the phone. That was a pleasant surprise! grin
_________________________
We're all here 'cause we've lost control.

Innerpartysystem

Return to Top
#1789010 - 02/25/13 09:33 PM Re: Who has submitted? SMQ, CRCM
Matt_B Offline
Diamond Poster
Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
Submitted today, finally. Been sweating over this since Feb. 1st. 2013 will hopefully contain an overhaul of the way things are reported here, if I have to go through this again...well, let's just say that not everyone will survive it!

Now to start on the edit report. frown
_________________________
Someone's about to get horned!

Return to Top
#1789015 - 02/25/13 09:44 PM Re: Who has submitted? SMQ, CRCM
Skittles Online
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
I'm in the same boat, Matt.
_________________________
My Opinions Only

Return to Top
#1789022 - 02/25/13 10:00 PM Re: Who has submitted? SMQ, CRCM
Matt_B Offline
Diamond Poster
Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
362 in the 2010 file
478 in 2011
671 in 2012

Getting to be too many to have this much manual involvement! I was in every single file doing one thing or another. On the bright side, I feel pretty decent about the level of accuracy! Just not so great about my level of sanity. smile
_________________________
Someone's about to get horned!

Return to Top
#1789032 - 02/25/13 10:10 PM Re: Who has submitted? SMQ, CRCM
Skittles Online
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
Wow - we're only at 404 for 2012 and I'm involved in every one also - and am basically the only one here who knows the ins and outs of HMDA. Hmmmm - what would happen if I won the lottery this week?
_________________________
My Opinions Only

Return to Top
#1789039 - 02/25/13 10:24 PM Re: Who has submitted? SMQ, CRCM
Matt_B Offline
Diamond Poster
Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
Same story here, except I'd question how many ins and outs I know!

You'd mail them a card from a beach or the mountains with a note saying "good luck suckers!". Same thing I'd do. smile
_________________________
Someone's about to get horned!

Return to Top
#1789052 - 02/25/13 10:46 PM Re: Who has submitted? Matt_B
QCL Offline
Power Poster
QCL
Joined: May 2002
Posts: 6,259
NW IL
Originally Posted By: Matt_B
362 in the 2010 file
478 in 2011
671 in 2012

Getting to be too many to have this much manual involvement! I was in every single file doing one thing or another. On the bright side, I feel pretty decent about the level of accuracy! Just not so great about my level of sanity. smile


Wow! Great job. We were over 1600 this year. When we hit 1000 we started using CRA Wiz. We would have been done last week mother nature complied. smile It feels good to be at this point.

Return to Top
#1789054 - 02/25/13 10:55 PM Re: Who has submitted? SMQ, CRCM
Matt_B Offline
Diamond Poster
Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
Thankfully, we don't have to worry about that silly CRA stuff. If I had 1600 to do...well, yeah, I'd quit!

New error for me this year, we approve too many of our purchase loans! Oops. Can I just note "Desperate for volume, we were throwing money at people all year"?
_________________________
Someone's about to get horned!

Return to Top
#1789092 - 02/26/13 01:28 AM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,395
Wow! Haven't seen that edit, Matt.

No CRA Wiz. Well trained staff that gets annual update training right after I finish the LAR so their errors are fresh in my mind.

Oh, and 3200 for me this year. Up from last year but still not up to my all time high of 4220. And it's just lil' ol me scrubbing and submitting. Thank cod for pivot tables!!!

Return to Top
#1789096 - 02/26/13 01:56 AM Re: Who has submitted? SMQ, CRCM
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
CRA Wiz can only point out anomalies. It cannot know that a loan reported as a purchase is really a refi, or that the income is incorrect, etc. Garbage in to any system, garbage out.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#1789099 - 02/26/13 02:36 AM Re: Who has submitted? SMQ, CRCM
SMQ, CRCM Offline
Power Poster
SMQ, CRCM
Joined: Apr 2001
Posts: 4,828
Between the lines
We submitted on Thursday, got the reply in about an hour, and the edit reports on Friday! That's fast. Sent the edit response back this morning, got the "we got it" email and the confirmation that we are finished all before lunch. I have never seen the Fed so efficient on this.

Oh, and all correspondence was email both ways!

Do I dare hope that we get reports before September?

493 LARS for us and my asst and I touch every file and double check every line item. So worth it when it comes to data integrity. She even did most of the transmitting this year. OK, I can officially win the lottery and leave without looking back!!!
_________________________
NOLA is my Beach!

Return to Top
#1789104 - 02/26/13 03:51 AM Re: Who has submitted? SMQ, CRCM
#Just Jay Offline
10K Club
#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
Still waiting on our edit report and we filed last eek

Might be calling tomorrow.

1451 lines this year... Finally on the right swing upwards again!
_________________________
I don't repeat gossip, so listen closely...

Return to Top
#1789159 - 02/26/13 02:40 PM Re: Who has submitted? SMQ, CRCM
#12 Online
Diamond Poster
Joined: Jun 2005
Posts: 1,343
6,517 lines on my LAR. I also am the only one who deals with HMDA, and I touch every file. Having the files imaged has been wonderful, and made my life so much easier! Pivot tables are nice, but like Kathleen said, garbage in, garbage out!

Just Jay, I'd call...I submitted last Tuesday, had my edit report same day, and confirmation of completion within a day of sending my edit reports back.
_________________________
CRCM

Return to Top
#1789164 - 02/26/13 02:48 PM Re: Who has submitted? Kathleen O. Blanchard
QCL Offline
Power Poster
QCL
Joined: May 2002
Posts: 6,259
NW IL
Originally Posted By: Kathleen B
CRA Wiz can only point out anomalies. It cannot know that a loan reported as a purchase is really a refi, or that the income is incorrect, etc. Garbage in to any system, garbage out.


Absolutely agree!
But CRA Wiz is like my security blanket. smile Our data integrity review last year found nothing wrong on either HMDA or CRA.

So most of you had your edits within a day?

Return to Top
#1789166 - 02/26/13 02:50 PM Re: Who has submitted? SMQ, CRCM
RR Becca Offline
Power Poster
RR Becca
Joined: Sep 2004
Posts: 5,249
out of the frying pan...
Pivot tables are great for catching mismatches (like denial reasons on a line marked originated or withdrawn) but otherwise...I need context. I'm a 100% hands-on scrubber. I've tried other approaches and just don't trust the accuracy. Fortunately our LAR is still small enough at just over 500 lines that the 100% approach doesn't kill me. So far. smirk
_________________________
You call it ADD. I call it multi-tasking.

Return to Top
#1789176 - 02/26/13 02:59 PM Re: Who has submitted? SMQ, CRCM
Skittles Online
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
My edits were back to me in less than an hour. Remember, though, we only had 404 lines.
_________________________
My Opinions Only

Return to Top
#1789177 - 02/26/13 03:00 PM Re: Who has submitted? QCL
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Originally Posted By: QCL
Originally Posted By: Kathleen B
CRA Wiz can only point out anomalies. It cannot know that a loan reported as a purchase is really a refi, or that the income is incorrect, etc. Garbage in to any system, garbage out.


Absolutely agree!
But CRA Wiz is like my security blanket. smile Our data integrity review last year found nothing wrong on either HMDA or CRA.

So most of you had your edits within a day?

I mentioned this because I have had banks say "residential is fine, we use Wiz, just scrub commercial and consumer". Lo and behold, the files did not agree with what was in Wiz, loans misclassified, guess what has to be scrubbed?
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top
#1789179 - 02/26/13 03:00 PM Re: Who has submitted? #12
#Just Jay Offline
10K Club
#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
Originally Posted By: #12
Just Jay, I'd call...I submitted last Tuesday, had my edit report same day, and confirmation of completion within a day of sending my edit reports back.


Had a lightbulb go off as I was writing an email to them, and had IT check the filters. We had it back the same afternoon last week already!

In the process of completing now!
_________________________
I don't repeat gossip, so listen closely...

Return to Top
#1789182 - 02/26/13 03:07 PM Re: Who has submitted? SMQ, CRCM
Matt_B Offline
Diamond Poster
Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
I had my edit back within 15 minutes of submission I think, very quick but similar to what I experienced last year.

And yeah Truff, Q006 is the error, apparently more than 95% of our purchase applications were approved and closed. Still less than a third of our business for the year, but it warrants double checking I'm sure.
_________________________
Someone's about to get horned!

Return to Top
#1789257 - 02/26/13 04:45 PM Re: Who has submitted? SMQ, CRCM
QCL Offline
Power Poster
QCL
Joined: May 2002
Posts: 6,259
NW IL
Got our edit report this morning. I don't think it contains that one Matt laugh

Return to Top
#1789415 - 02/26/13 09:02 PM Re: Who has submitted? SMQ, CRCM
IARay Offline
New Poster
Joined: Jul 2012
Posts: 8
The December 2012 issue of the CRA/HMDA Reporter provides specific instructions on emailing the responses. It is available on the following link: http://www.ffiec.gov/cra/pdf/12news.pdf

Return to Top
Page 9 of 13 1 2 7 8 9 10 11 12 13

Moderator:  SMQ, CRCM