HMDA LAR Review

The purpose of our HDMA LAR Review is to validate the client’s compiled HMDA LAR data prior to its due date, aiding in an error-free submission to the FFIEC. This review can either be structured as a sampling of LAR entries, or a full LAR scrub of all data. Key data points to be validated via documentation in the loan file can be for lenders required to comply with full submission or those who qualify for the partial exemption. Key data points to be validated include the following: