A Guide to HMDA Reporting - ffiec
A Guide to HMDA Reporting - ffiec
A Guide to HMDA Reporting - ffiec
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Submitting the<br />
LAR<br />
Editing the Data<br />
Before submission, the data must be<br />
checked using edits supplied by the<br />
FFIEC. The edits are included in the<br />
agency-supplied data entry software,<br />
and are also available at www.<strong>ffiec</strong>.gov/<br />
hmda/edits.htm. You may use equivalent<br />
edits incorporated in software you<br />
have purchased from vendors or have<br />
developed in-house.<br />
Visit the <strong>HMDA</strong> web site<br />
(www. <strong>ffiec</strong>.gov/hmda), e-mail<br />
<strong>HMDA</strong>Help@frb.gov or call the <strong>HMDA</strong><br />
assistance line at (202) 452-2016 for<br />
more information about the edits.<br />
Transmitting the Data<br />
A separate and complete LAR shall<br />
be transmitted for each institution. For<br />
example, submit one LAR for a bank and<br />
a separate LAR for a subsidiary of the<br />
bank (see Regulation C, 203.5(a)(2)).<br />
Institutions that report 25 or fewer entries<br />
on their LAR may report the data in<br />
paper form. All others must submit<br />
<strong>HMDA</strong> reports in an au<strong>to</strong>mated,<br />
machine-readable form. To facilitate<br />
au<strong>to</strong>mated reporting, the agencies provide<br />
<strong>HMDA</strong> data entry software that can<br />
be downloaded free of charge from the<br />
FFIEC web site (www.<strong>ffiec</strong>.gov/hmda/<br />
softinfo.htm).<br />
Internet e-mail of an encrypted file<br />
(hmdaencr.enc) is the encouraged<br />
method of transmission for respondents<br />
supervised by the FRS, FDIC, NCUA,<br />
OCC, OTS, or HUD. You must first install<br />
the Internet Submission software that is<br />
included on the free FFIEC <strong>HMDA</strong> data<br />
entry software provided by the agencies.<br />
When you are ready <strong>to</strong> export your<br />
data, select the “Export <strong>to</strong> Regula<strong>to</strong>ry<br />
Agency via Internet E-mail” option in the<br />
data entry software and complete the<br />
steps as directed. Then, complete the<br />
instructions <strong>to</strong> prepare your <strong>HMDA</strong> submission<br />
for transmission over the Internet<br />
(see “Preparing the Submission for<br />
Internet E-mail Transmission” found in<br />
the FFIEC <strong>HMDA</strong> data entry software).<br />
The Internet e-mail addresses can be<br />
found in the Glossary of the data entry<br />
software and at www.<strong>ffiec</strong>.gov/hmda/<br />
contact.htm. (Use of any other export<br />
option or Internet Submission product<br />
will result in the creation of a submission<br />
that is NOT acceptable.) Detailed instructions<br />
for Internet e-mail submission<br />
and file encryption of the <strong>HMDA</strong> data<br />
are included with the file formats on the<br />
web (www.<strong>ffiec</strong>.gov/hmda/<br />
fileformats.htm).<br />
The other acceptable methods of au<strong>to</strong>mated<br />
transmission are diskette and<br />
CD-ROM pursuant <strong>to</strong> the applicable<br />
technical specifications. The technical<br />
specifications for respondents regulated<br />
by FRS, FDIC, NCUA, OCC, OTS, or<br />
HUD can be found on the FFIEC web<br />
site (www.<strong>ffiec</strong>.gov/hmda/<br />
fileformats.htm).<br />
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