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#534248 - 04/20/06 08:13 PM HMDA Record Retention
SonnyGirl Offline
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Joined: Feb 2004
Posts: 391
Is it necessary to retain supporting documentation of HMDA data after that time period has been examined? I realize the LAR (including modified LAR) and disclosure statements must be kept for the time specified in the regulation. However, we have log sheets for each loan and other documents. Would it be safe to destroy those after an exam? Thanks!

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#534249 - 04/20/06 08:19 PM Re: HMDA Record Retention
bgehres Offline
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Joined: Mar 2005
Posts: 126
Once the data has been verified by an examiner, I don't know of any reason to keep it.

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