The bank specialist who manages Home Mortgage Disclosure Act data collection and reporting — ensuring accurate capture of mortgage application data (race, ethnicity, income, action taken), validating the Loan Application Register (LAR), and supporting regulator submissions and fair lending analysis.
Most days tend to involve data validation work — reviewing LAR records for accuracy, investigating data discrepancies, training mortgage staff on data collection requirements, and preparing for the annual HMDA submission to the CFPB or applicable federal regulator. You'll often work in HMDA reporting tools and the bank's mortgage origination system, partner with mortgage lending and compliance staff, and produce the analyses that feed fair lending review.
The variance between banks is real — large banks have HMDA-specialist teams with dedicated data analysts and compliance staff; mid-size banks (above the HMDA reporting threshold) may have a single HMDA specialist handling everything; credit unions face HMDA requirements when they meet thresholds; community banks just over thresholds often struggle most with the operational lift. HMDA modernization continues to add data points and operational complexity.
People who tend to thrive here are detail-oriented, comfortable with regulatory data work, and capable of partnering with mortgage operations on data quality. CRCM credentialing plus HMDA-specific training anchors paths. The work tends to offer steady demand and a clear path toward fair lending or broader compliance roles, with the trade-off being the data-quality grind and the annual submission deadline pressure — for those drawn to compliance and data accuracy, the role offers durable craft.
Where this role sits in the broader career landscape — and where it can take you.
Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.
Roles with similar work and overlapping career paths
View all Business Operations roles →The bank specialist who manages Home Mortgage Disclosure Act data collection and reporting — ensuring accurate capture of mortgage application data (race, ethnicity, income, action taken), validating the Loan Application Register (LAR), and supporting regulator submissions and fair lending analysis.
Median pay for a Home Mortgage Disclosure Act Specialist (HMDA Specialist) is about $90K nationally, with the field ranging roughly from $53K to $172K depending on experience, employer, and metro (BLS).
Core skills for this role include Critical Thinking, Reading Comprehension, Writing, Speaking, and Active Listening.
Most people in this role hold a bachelor's degree.
Employment in this field is projected to grow about 18.5% through 2034, with roughly 62,830 people working in it today (BLS).
Closely related roles include Home Service Director, Senior Home Mortgage Disclosure Act Specialist (Hmda Specialist), and Funeral Home Director.
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