The 2023 HMDA reporting season is halfway over, and by July 31, 2023, it will be time to finalize the data for all second-quarter reportable applications. ADI Consulting’s July 2023 edition of HMDA Huddle has tips for reporting “Other” Reasons for Denial; coding for high-cost loans (HOEPA), and advice for getting Action Taken Dates on withdrawn applications from brokers. There’s more, too. Click through to check out this quarter’s HMDA Huddle – Q&As for Tackling the Intricacies of HMDA.

ADI Consulting assists a wide variety of lender clients with HMDA LAR audits and quality control throughout the year, including preparing for standard submissions and resubmissions. Below, we present questions that highlight nuances and misinterpretations of the HMDA guidance, and our answers to those questions. Please check back for future installments or subscribe to ADI Insights to automatically receive updates each quarter.