Reporting Income for HMDA

If you are a HMDA bank, you know that collecting and reporting the required data can be a challenge.  Whether you are a large filer or a small filer, there are plenty of opportunities to make mistakes.  One of the data fields that can be tricky is Income (field 57).  While an applicant’s income might seem pretty straightforward, there are a lot of little ifs, ands and buts.

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Listen to David explain a few of these in more detail.

Published
2021/03/05

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