There are several reasons why HMDA RELIEF is #1
The Only S.2155 HMDA Partial Exemption Solution
HMDA RELIEF makes implementing S.2155 partial exemptions easy and automatic! You can continue to capture any HMDA data that you wish and simply choose how to submit the data on the LAR. You can choose to report all fields with exempt codes or select which data points you wish to voluntarily report. Once you select your preferences, you will be able to view either the data or the exempt codes from inside HMDA RELIEF.
- Includes all required data combinations that can be selected for voluntary reporting.
- Ability to turn on/off exemption and options by Reporting Year.
- Exempt data is still available for fair lending analysis.
- Exempt data points can be changed at any time.
Easy to Use
- No special training or seminars required -- though we offer free online training to help you get the most out of the system.
- Fast. Import up to 10,000 records per minute.
- Accurate. The program even corrects the most common data-entry errors and re-verifies census tracts.
- Secure. Everything stays on your system until you're ready to submit, and then it automatically encrypts the data for easy electronic submission.