The HMDA Homestretch: 3 Tips To Get You Through The Final Sprint

February 13, 2018

When it comes to the new HMDA rules, you can't be too prepared for submissions. Make sure you have everything covered.

Perform a submission trial-run. Perform a few to get the hang of the process and iron out kinks or potential problems that could arise during the actual submission.
Expect the unexpected. This includes any potential system outages, data issues, and staff emergencies.
Prepare once, plan twice. Make sure you and your team are scheduled and present during the last stages of the submission process, keeping in mind that emergencies do happen. In the case of an emergency, have a plan in place. There’s no such thing as too much preparation, so anticipate all scenarios.

Remember, once you’re done, it’s all over (until next year).

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