The document outlines the HMDA reporting process which involves taking raw mortgage data from an Excel spreadsheet, inputting it into QuestSoft HMDA software, and scrubbing and verifying the data to create an HMDA Loan Application Register (LAR). The LAR is then sent to the Federal Reserve Bank and may undergo additional examination, compliance reviews, and potential referral to the Department of Justice if any fair lending issues are identified.

1. HMDA Reporting Process--Mortgage E. Lindquist,CIA,CFSA 9/2015
HMDA Excel
Spreadsheet
(rawdata)
QuestSoft-
HMDA
Software
HMDA LAR
Policyand
Procedures
Policyand
Procedures
HMDA LARis sentto Federal ReserveBank
FRB Examiners
Compliance
QuestSoftDatabecomesHMDA LAR Department
Data Scrub/Verification
Excel File becomesQuestSoftInputFile
Ellie DatabecomesProgramOutputFile
Ellie Program/ Supporting Examination
Data Fields Documents
User Input PASS RE-SCRUB
Fair Lending
Department of Justice (DOJ) Referral