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2016 HMD EDITSConsumer Financial Protection Bureau (CFPB) Federal Deposit Insurance Corporation (FDIC) Board of Governors of the Federal Reserve System (FRS) Department of Housing and Urban Development
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HMDA data entry software is a tool used by financial institutions to electronically submit Home Mortgage Disclosure Act (HMDA) data to regulatory agencies.
Financial institutions that meet certain criteria are required to file HMDA data entry software, as outlined by the HMDA regulations.
To fill out HMDA data entry software, financial institutions must gather and input the required data fields related to mortgage applications and loans.
The purpose of HMDA data entry software is to collect and report information about mortgage lending practices to ensure fair lending practices and compliance with the HMDA regulations.
Information such as borrower demographics, loan details, property information, and application outcomes must be reported on HMDA data entry software.
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