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#2266121 - 02/10/22 03:12 PM HMDA LAR Submission
Anonymous Offline
100 Club
Joined: Jun 2021
Posts: 163
Does anyone submit the HMDA LAR without correcting quality or validity errors? Or addressing the group edits?

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#2266127 - 02/10/22 04:06 PM Re: HMDA LAR Submission Anonymous
Inherent_Risk Offline
Gold Star
Joined: Jan 2017
Posts: 358
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.

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#2266130 - 02/10/22 04:11 PM Re: HMDA LAR Submission Anonymous
Anonymous Offline
100 Club
Joined: Jun 2021
Posts: 163
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.

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