The Road To HMDA Implementation
Posted by Krista Sabol on Jan 16, 2017 in Compliance, IMU Blog HMDA is not the same as TRID; lots of testing and training will be needed. Reprinted with permission from the October 2016 issue By Alice Alvey The need to collect accurate data for the Home Mortgage Disclosure Act (HMDA) is buried deep beneath the pressure to close loans on time. It’s a common afterthought and also a misconception that data can be fixed later if it isn’t right the first...read more