The New Year brings about all kinds of resolutions, whether they are to read more books or to start that cooking class that has been put off. But the most common resolutions typically involve health. Gym membership numbers explode this time of year as people try to create a habit of working out in an attempt to improve their well-being and shed those extra pounds.
This article discusses starting the New Year with a resolution involving health as well, except this resolution involves the fair lending health of your Home Mortgage Disclosure Act Loan Application Register (HMDA-LAR). There are several simple tests you can integrate into your quarterly HMDA process to help gauge the fair lending health of your HMDA-LAR and identify potential issues before they become problematic.
Length: 2 pages (PDF 52 kB)