HMDA reporting takes time, consumes valuable resources, and does little to increase your institution's profitability. A single error in any field requires a complete resubmission of the data. If errors persist, penalties and fines can result. HMDA reporting can be a minefield of compliance problems. TRUPOINT Partners has designed its HMDA reporting solutions to save money and ensure accurate and timely compliance.

HMDA Submission and Transmittal Service

A successful HMDA transmission requires exhaustive data collection, checking and rechecking of each loan for accuracy, and geocoding of each record for pinpoint accuracy.

TRUPOINT's HMDA Reporting Service relieves the burden of the March 1st HMDA submission deadline.

Each loan record is checked and re-checked to ensure all of the appropriate loan codes and data fields are correct. Each record is accurately geocoded and tested against your internal codes. And finally, the data is submitted on your behalf through TRUPOINT's HMDA submission system, thereby guaranteeing a proper transmittal. Make your next HMDA submission less painful by letting TRUPOINT help.