CRA & HMDA Management
CRA and HMDA compliance has become a major undertaking, consuming endless hours of staff time and management attention. Assessment areas must be correctly defined. Data must be accurately geocoded. And when the examiners come, the data must be properly organized and reported. How well you do it can impact the outcome of your examination.
The problem is that it’s hard to know how your lending performance will look to examiners.
Read more...