Home Mortgage Disclosure Act
Simplify Home Mortgage Disclosure Act (HMDA) reporting with the LenderClose HMDA product. Export validated HMDA data in seconds. The LenderClose Home Mortgage Disclosure Act solution eliminates the need for third-party validation software.
Key Features
- Simple user-friendly solution
- Built-in validation and quality model
- Built-in geocoding
- Built-in rate spread calculator
- Less manual work and easy annual reporting
- Unlimited record exporting
“HMDA usually took days if not weeks to export, validates, and upload to governmental agency website. Now, it’s a 5 minute process. LenderClose validates HMDA on a per file level. So when our credit union is ready to report, we simply export the data in the format required and upload it. That easy!”
