Jonice Gray Tucker discussed "HMDA data is out, now what?" at the Mortgage Bankers Association Regulatory Compliance Conference
The full 2018 HMDA data release is available to the public, allowing public interest groups, media, and regulators to easily compare your lending record to that of your peers. Are you ready? In this session, experts discussed the fair lending and reputational risks that may be associated with the release of the new data fields covering credit scores, DTI, interest rates, expanded ethnicity information, and more. This session also discussed strategies to analyze and understand your own data to tell your company’s best story, including ways to respond to inquiries from media and consumer advocates.