Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If I download and install a new release of the FFIEC HMDA Data Entry software for any given year, will that override or wipe out any data/loans that have already been input and saved?

0
Posted

If I download and install a new release of the FFIEC HMDA Data Entry software for any given year, will that override or wipe out any data/loans that have already been input and saved?

0

No. Downloading and installing a new release of the FFIEC HMDA Data Entry software will not delete, erase, or override any data that your institution may have previously input and saved to a previous release of the software. In addition, it is not necessary to uninstall the current release of the FFIEC HMDA Data Entry Software prior to downloading the updated one. The new release will capture any data that you previously entered in a previous release. However, institutions should always use the Export for Other Purposes option in the FFIEC HMDA Data Entry Software to create a backup copy of the data saved to a network drive or any accessible location. When a new release of the FFIEC HMDA software is made available, users who downloaded a previous release of the software for any reporting year should also download the new release for the current year of reporting.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123