HMDA and 1071 Data Validation demo
Every HMDA field, and from 2028 every small-business 1071 field, checked against the loan file before it is filed. 1:14
What the demo shows
A data solution for compliance teams that checks every HMDA and 1071 field against the file.
Six agents read the loan file behind each register record, draw each reportable field to the page it came from and apply the examiners' tolerances; only the fields that break go to the HMDA data manager, who corrects and signs.
Transcript
- HMDA and 1071 Data Validation checks every field on every loan against its file before filing.
- Teams check a sample.
- Four errors in the examiner's 79 loans force a refile.
- Here is the Ellery loan, each field drawn to its page.
- The register says March 14th, the denial letter March 21st.
- Seven days outside the three-day tolerance, so the line breaks.
- Income breaks too. 148 reported, 135 relied on.
- Renata corrects both in signs.
- The lines rejoin. The odds of a forced refile fall from 4 in 10 to under 1 in 100.
- Every record checked, not a sample, and ready for Section 1071.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.