HMDA & CRA Data Integrity Reviews

stack of files with magnifying glass on top showing data review

Rooting out your HMDA compliance gaps and preparing you for a successful exam.

We perform exhaustive reviews to confirm that your HMDA data are complete and accurate and conform to examiners’ expectations.

Gathering the accurate and complete HMDA data regulators require can haunt banks come exam time.

You worry about human and systematic errors, gaps in your lending areas, including your commercial lending practices, and whether you've interpreted HMDA requirements correctly.

In many ways, it takes a village to ensure that you're meeting regulators' expectations and that staff across your business lines collect, record, and present all HMDA-required data consistently, effectively, and accurately.

TCA can be part of your village. Our team members, all former bankers, know where banks get tripped up by HMDA.

As such, banks have relied on us for HMDA reviews for decades. We reduce the stress associated with anticipating and preparing for HMDA exams and we give you the confidence that you’ll be ready when an examiner steps through the door.

Through our discovery, we shed light on whether your policies or approaches are missing key regulatory requirements. In addition, our consultants study the latest regulatory changes and understand what they mean to your bank.

Some of the services you can expect:

  • A review of your LAR to assess whether your data collection and reporting are accurate and adhere to HMDA requirements
  • A deeper dive through custom samples to identify HMDA trouble spots
  • Advice on HMDA data validations to ensure you have trust in the integrity of your data
  • An analysis of procedures and workflow

We also look for common mistakes we've encountered:

  • Inaccurate loan amounts.
  • Geocoding and Census Tract changes that aren't reflected in the files.
  • Lending transaction bank fees that are missing from the file.
  • Missing documentation related to income and credit decision dates.

TCA shows you A Better Way to overcome your HMDA compliance struggles.

Key deliverables include:

  • Outlining how to develop an ongoing monitoring strategy to avoid compliance gaps
  • Updating your team on the newest HMDA reporting requirements
  • Identifying staff training deficiencies
  • Advising on HMDA policies and procedures and measures to enhance data collection

Additional Compliance Topics

top 5 in hot metal type

TCA’s Top 5 BSA/AML Concerns

By , | January 29, 2024

The Bank Secrecy Act/Anti-Money Laundering area of compliance is always evolving. As an example, we are currently transitioning the name of this specialized area of compliance from Bank Secrecy Act (BSA) to Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) to coincide with the term’s examiners are now using within their documents and reports. […]

Fair Lending

Stay on the Right Side of Fair Lending: 2023’s Top 5 FAQs

By | January 19, 2024

Fair Lending remains a hot topic with regulators and special interest groups. During 2023, our clients experienced heightened scrutiny around identifying patterns of disparity that could result in discrimination allegations and enforcement actions. Review the five key issues clients have faced and consider evaluating them at your institution. TCA provides A Better Way to help […]

top 5 in hot metal type

TCAs Client Top Five Deposit Missteps

By | January 12, 2024

Although there have been few new or changed regulations related to Deposit Compliance, missteps in compliance with these regulations can cause consumer harm. It’s important to stay focused and make sure staff changes or the implementation of new systems don’t increase errors at your institution. Helping institutions identify errors in deposit operations is a routine […]

new rules chalk on chalkboard

FDIC Signage and Advertising – Things They Are A-Changin’

By | January 10, 2024

On December 20, 2023 the FDIC approved and issued a final rule regarding changes to 12 CFR 328: rules for the use of FDIC Official Signs and Advertising Requirements, False Advertising, Misrepresentations of Insured Status, and Misuse of the FDIC’s Name or Logo. The updated rules are effective April 1, 2024, with a mandatory compliance […]

update, upgrade, to update-1672349.jpg

Regulatory Updates – Fourth Quarter 2023

By | January 2, 2024

Below is a link to the Regulatory Updates as of the end of Q4. TCA provides A Better Way for you to track Compliance updates and keep your organization on track. You can download the updates in a PDF form here. As always, TCA is here to help with A Better Way to answer all […]

top 5 in hot metal type

TCA’s Top Five Client Lending Compliance Findings

By | December 29, 2023

As we approach the end of 2023, we wanted to take some time to reflect and comment on some of the most common lending missteps we’ve seen while performing audits for Clients during the year. TCA’s Top Five are firmly rooted in two regulations that examiners spend much time and focus on. Regulation Z and […]

Do You Need Compliance Help?

We’re here to review your current compliance strategy and help you find A Better Way to manage risk.



Email for Non-Confidential Information Only

[email protected]

Office Location

2021 Midwest Road, Suite 200,
Oak Brook, IL 60523

Endorsed By