LAR Formatting Tool Testing Feedback

Follow up Questions:
All questions are voluntary.

Using the LAR Formatting Tool:
a) Did the tool generate a pipe delimited text file with the data you entered?
☐Yes ☐No
b) Do you have any recommendations for improving this tool?

Background Information:
a) Do you have a separate system of record for maintaining your loan level data?
☐Yes ☐No
i)

If yes, is the information maintained on paper or in a system?
☐ My loan level data is maintained on paper.
☐ My loan level data is maintained in a system.

b) How many LARS do you typically file on an annual basis?
My financial institution typically files _____ LARS annually.
c) How comfortable are you with using standard spreadsheet software, such as
Microsoft Excel?
☐ Not Comfortable
☐ Somewhat Comfortable
☐ Comfortable
☐ Very Comfortable
☐ Extremely Comfortable
2) Using the DES:
a) Have you typically maintained your loan level data in another system or on paper
and manually entered each LAR into the DES?
☐Yes ☐No
b) Have you used any other types of software to assist in managing your data (for
example, Microsoft Excel or databases)?
☐Yes ☐No

c) Have you entered HMDA data into the DES only once during the filing season
(January - March 1), or throughout the year as data is collected?
☐ I enter HMDA data into the DES during the filing season (January - March 1).
☐ I enter HMDA data into the DES throughout the year, as data is collected.
3) Submitting HMDA Data:
a) Do multiple people at your financial institution need to have access to update
your HMDA file?
☐Yes ☐No
b) Do you need to be able to make updates to HMDA data at any time throughout
the year?
☐Yes ☐No