Data Collection and Reporting

(1) As part of its examination, the Commissioner shall require a mortgage lender to collect and report for examination purposes additional data fields beyond what is required under HMDA. The mortgage lender shall be expected to test its data collection and reporting, including its HMDA data, as part of its routine internal controls to ensure compliance with all data reporting requirements as well as its own policies and procedures. (2) Optional Data Collection and Maintenance. At its option, a mortgage lender may provide other information concerning its lending performance, including additional loan distribution data.