Can't submit without addressing validity errors. We look at all quality and group edits as well. Not necessarily going back to file (for example we have lots of 2nd liens over $250K that we don't look at individually), but at least reviewing them.
Okay that is what I thought. I am concerned it looks like we have submitted our LAR multiples times in the past without correcting or verifying any but we have not gotten cited and we just had an FDIC Exam. I have only been here for a few months but nothing was mentioned as a concern for HMDA. One of the errors in group edits is definitely one that needs to be addressed and they never have.