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Bad data results in large fines!

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Question: 
I heard there were three major HMDA CMPs in 2023, what caused them?
Answer: 

At last, these three fines totaled hundreds and thousands of dollars. Bad data results in more than just bad data out. Not only do these errors have ramifications for your bottom line, they also have a major impact on your fair lending program!

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Learn more about Kimberly Boatwright’s Top 15 Issues with HMDA webinar.

First published on 01/28/2024

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