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BankersOnline.com Forums Dodd-Frank Final Rules Discussions HMDA Overhaul 2018 When are you "switching over"?
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#2155479 - 11/30/17 02:50 PM Re: When are you "switching over"? Monster
Banker K, CRCM Offline
Gold Star
Joined: Jan 2010
Posts: 293
Oklahoma
Those are good points. I think I have in my notes to do this, but glad you all brought it back up.
We plan on doing a 'scrub' of our loans in process as of 12/29/2017 and any that are going to close in 2018 that will BECOME HMDA reportable, we will get that GMI disclosure to our customers. Not sure if calling the customer is going to be the method or what?
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All comments are mine & should not be taken as legal advice.

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#2155482 - 11/30/17 03:02 PM Re: When are you "switching over"? Monster
Norman Paperman Offline
Diamond Poster
Norman Paperman
Joined: Aug 2012
Posts: 1,700
48.934476, -114.343735
We're still holding out for Mulvaney to rescue us. laugh Not really.
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Maybe you just wanna fly the plane yourself. Well good luck pressing take off, then auto pilot, then land.


CRCM

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