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#1789546 - 02/27/13 02:43 PM Re: Who has submitted? SMQ, CRCM
Bluesfan57 Offline
100 Club
Joined: Feb 2011
Posts: 155
Peak 10 Breck, CO
Were on the board!!


submitted the first 48 loan LAR...

up next 650 and 2600 loan LAR!

the email edit/check submission process is so nice

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#1790686 - 03/01/13 07:11 PM Re: Who has submitted? Matt_B
Matt_B Offline
Diamond Poster
Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
Originally Posted By: Matt_B
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.


Preliminary investigation shows we might have as many as 75 loans that didn't close which were moved to a "prospects" folder in the origination software that the HMDA report does not pull data from. Apparently loan officers thought "Well, maybe I can try again in a few months, and just use the same file!". Our two worst MLO's have left in the last month, I'm seeing their names on lots of files.

And I have until Monday to resubmit! I'm going to guess I'll be here tomorrow/Sunday again. Bleh.
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#1790690 - 03/01/13 07:18 PM Re: Who has submitted? SMQ, CRCM
TMatt87 Offline
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TMatt87
Joined: May 2011
Posts: 1,938
Idaho
Submitted yesterday and didn't hear anything back, so we reviewed our submission and appartently we had the wrong file extension, so we re-filed this morning and still haven't heard anything. Not even an acknowlgdement of receipt. How long should I wait until I get nervous?
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#1790698 - 03/01/13 07:28 PM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

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Joined: Jul 2003
Posts: 17,359
submitted via the web your response should be instantaneous.
Is the email address on your submission correct?
Is your spam filter blocking it?

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#1790708 - 03/01/13 07:38 PM Re: Who has submitted? SMQ, CRCM
TMatt87 Offline
Diamond Poster
TMatt87
Joined: May 2011
Posts: 1,938
Idaho
I've checked both of those. Does the response come from hmdasub@frb.gov?
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#1790724 - 03/01/13 07:53 PM Re: Who has submitted? SMQ, CRCM
Skittles Offline
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Skittles
Joined: Sep 2002
Posts: 13,964
TN
hmdahelp@frb.gov
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#1790725 - 03/01/13 07:53 PM Re: Who has submitted? TMatt87
Truffle Royale Offline

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Posts: 17,359
Mine came from HMDAHELP@frb.gov
I submit to FRB.
Do you?

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#1790733 - 03/01/13 08:03 PM Re: Who has submitted? SMQ, CRCM
Skittles Offline
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Skittles
Joined: Sep 2002
Posts: 13,964
TN
FDIC here
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#1790767 - 03/01/13 08:42 PM Re: Who has submitted? SMQ, CRCM
TMatt87 Offline
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TMatt87
Joined: May 2011
Posts: 1,938
Idaho
Found it. Our IT department blocked our compliance email from receiving emails originated outside the bank. I will stop pulling my hair out now...
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All opinions are my own, not my employer's

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#1790890 - 03/02/13 03:26 AM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

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Joined: Jul 2003
Posts: 17,359
What is it with IT departments? mad I'll have to notify mine that I want to take the FRB UDAP webinar on Tuesday because they block GOVERNMENT ACCESS??!!!!!! Seriously, guys, I can get msn and not the government sites? 'splain this to me, lucy!

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#1790892 - 03/02/13 03:34 AM Re: Who has submitted? SMQ, CRCM
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,292
Everyone submits to the FRB. They manage the process for all.

Web submission provides a receipt at the conclusion of the process. I submitted several HMDA files and all received edit email very quickly.
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#1790923 - 03/02/13 09:43 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
Resubmitted, got a better edit report this time around, was able to respond to everything and get it sent back within about a half hour of resubmission. I think I can forget about HMDA now, until Monday morning at least. Relieved!
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#1790924 - 03/02/13 09:44 PM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

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Joined: Jul 2003
Posts: 17,359
Confusing my loan platform with the FIECC software, sorry.
On my platform you have to pick a reporting agency.
I thought that might have something to do with TMatt's problem.

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#1790926 - 03/03/13 03:50 AM Re: Who has submitted? SMQ, CRCM
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,292
Everyone, regardless of platform, identifies their regulator. It becomes a code in your file.
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#1790958 - 03/04/13 01:56 PM Re: Who has submitted? SMQ, CRCM
JSD Offline
Platinum Poster
JSD
Joined: Oct 2000
Posts: 512
USA
The submission of 270,000 + records was done Friday afternoon!
Whew, glad that is over! Now to play catch up from all the time spend on the HMDA submission this year.

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#1790962 - 03/04/13 02:07 PM Re: Who has submitted? SMQ, CRCM
Quatro Online
Member
Joined: Oct 2010
Posts: 93
SC
We added two MSA's in 2012. Faxed in the corrected Q595 and received an updated Institution Register Summary. However, we did not receive a new Q595 report. Should we receive a new Q595, do we have to resubmit to get it, or can we just fax back in the new IRS with a note that we added two new MSA's and acknowledge which ones they are?

If that didnt make sense, I'm sorry. I'll try to explain it better if need be...
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#1791164 - 03/04/13 08:15 PM Re: Who has submitted? SMQ, CRCM
Quatro Online
Member
Joined: Oct 2010
Posts: 93
SC
More hours of research, and the answer was found in the 12/2010 CRA/HMDA Reporter. In case anyone else has this same issue, here you go:

Return the completed Q595 report to HMDA Operations processing staff without the completed/signed Confirmation Sheet. Then:
1. The MSA/MDs circled YES will be added to the depository institution’s panel and a new Confirmation Sheet and revised IRS report will be generated and e-mailed to the institution;
2. The institution will review the IRS report making sure that all MSAs are listed for their home/branch offices; and
3. Once the institution confirms the IRS report is accurate, the completed Confirmation Sheet may be returned to the HMDA Operations staff who will track the institution as “Complete.”
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#1791458 - 03/05/13 05:18 PM Re: Who has submitted? SMQ, CRCM
Cardinal12 Offline
New Poster
Joined: Jan 2013
Posts: 17
For a resubmission via email, in the subject heading it would be: Complete resubmission 2012 HMDA LAR. In the body of the email, is this where we would explain why we had to resubmit, along with the banks identification?
Last edited by Cardinal12; 03/05/13 05:22 PM.
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#1791484 - 03/05/13 05:37 PM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

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Joined: Jul 2003
Posts: 17,359
Sorry, can't help. We quit emailing years ago. The electronic submission is one button easy.

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#1792110 - 03/06/13 08:57 PM Re: Who has submitted? SMQ, CRCM
Relax Offline
Platinum Poster
Joined: Jul 2007
Posts: 571
yep, the one button is the ONLY way to go!
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#1792248 - 03/07/13 02:08 PM Re: Who has submitted? SMQ, CRCM
Georgia Golfer Offline
Gold Star
Georgia Golfer
Joined: Jun 2003
Posts: 415
1st Tee
Anybody having issues with faxing the quality edit report? I've been trying all week & keep getting a busy response.

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#1792285 - 03/07/13 03:11 PM Re: Who has submitted? SMQ, CRCM
Bullseye Offline
Platinum Poster
Bullseye
Joined: Jan 2004
Posts: 968
I had trouble getting the fax to go through earlier this week. So I scanned it and emailed it instead. Got my confirmation back very quick.

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#1792307 - 03/07/13 03:37 PM Re: Who has submitted? SMQ, CRCM
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,359
As soon as the fax bumped back, I scanned and emailed too. Confirmation received in less than half an hour.
Caution: Watch your dates, Georgia Golfer. You've only so long to file that response.

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#1792341 - 03/07/13 04:26 PM Re: Who has submitted? SMQ, CRCM
Matt_B Offline
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Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
I faxed in mine on Saturday, late afternoon, just got my confirmation this morning. Wish I had emailed!
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#1792348 - 03/07/13 04:36 PM Re: Who has submitted? SMQ, CRCM
Bec Offline
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Bec
Joined: Jul 2010
Posts: 1,114
The Great White North
Does anyone else have a hard time getting the spreadsheet uploaded into the HMDA software? We convert it to a csv then to a txt then edit it in DOS then other things and finally get it into the software. It is always such a mess every year, while we end up getting it done, there has to be an easier way. We submit via internet email.
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