--- title: "Underwriting tabs: Credit Decision, Adverse Action, Credit Memo, Deal Analysis, HUD, HMDA" description: "The LendingWise underwriting tabs on a loan file: HMDA reporting data, Credit Memo, Deal Analysis and the HUD settlement statement." --- [Skip to content](https://help.lendingwise.com/knowledge/entering-exporting-hmda-information#main-content) English Show submenu for translations [Submit Ticket](https://help.lendingwise.com/knowledge/kb-tickets/new?hsLang=en) [Customer portal](https://help.lendingwise.com/tickets-view?hsLang=en) ![owl-Logo-1.png\]](https://help.lendingwise.com/hs-fs/hubfs/owl-Logo-1.png?width=43&height=46&name=owl-Logo-1.png) - [New Releases](https://lendingwise.releasenotes.io/) - [System Status](https://lendingwise.statuspage.io/) Open main navigation Close main navigation - [New Releases](https://lendingwise.releasenotes.io/) - [System Status](https://lendingwise.statuspage.io/) - English Show submenu for translations - [Submit Ticket](https://help.lendingwise.com/knowledge/kb-tickets/new) - [Customer portal](https://help.lendingwise.com/tickets-view) - Go to lendingwise.com Go to lendingwise.com Hello. How can we help you? - There are no suggestions because the search field is empty. 1. [LendingWise - Help Center](https://help.lendingwise.com/knowledge?hsLang=en) 2. [Using The Platform](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en) 3. [Running Reports & Exporting Data](https://help.lendingwise.com/knowledge/using-the-platform?hsLang=en#running-reports-exporting-data) # Underwriting tabs: Credit Decision, Adverse Action, Credit Memo, Deal Analysis, HUD, HMDA ## The HMDA, Credit Memo, Deal Analysis and HUD tabs on a loan file. The UNDERWRITING group in the menu on the left of a loan file includes HMDA, Credit Memo, Deal Analysis and HUD. This article covers each one. ### HMDA The [Home Mortgage Disclosure Act](https://www.consumerfinance.gov/data-research/hmda/) (HMDA) requires mortgage lenders to collect certain data on residential properties. Ask your attorney whether your business-purpose loans to entities need HMDA data. **Collecting HMDA data:** any Quick App or Full App webform can show the HMDA fields. Turn them on in Form Fields for the Quick App or Full App, and for the right loan programs. **Entering HMDA data in the back office:** open the loan file and, under UNDERWRITING, click **HMDA**. Watch for three things: - The first save writes 0 into every blank number box. - HMDA Loan Amount and Property Value don't fill in from Loan Info, so enter them. - The HMDA tab's Action Taken is separate from HMDA Action Taken on the Credit Decision tab, so set both. **Exporting HMDA data:** the HMDA tab has no export button. Go to Loan Origination \> Pipeline - Main, open Advanced Search (the magnifying glass) and narrow down the files. Then click the export button (a small grey button with a green Excel icon, right of Search and Reset) to open Export Client Data, and pick the HMDA fields you want. This video shows how to filter and export: ### Credit Memo You can write credit memos right on the loan file. First check that the Credit Memo tab is turned on in Settings \> Platform Settings \> File Tab Display Order. 1. Open the loan file and, under UNDERWRITING, click **Credit Memo**. 2. Click **Add Memo**, pick a Category and write the Description. 3. Click **Save**. ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1634134827211-Zt8.png) ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1634134709850-SOA.png) There are 12 categories, and each can be used once per file (new rows only offer the ones you haven't used). Cancel doesn't remove a new row you've added; reopen the tab to start over. Credit memos can't be exported and aren't recorded in the Change Log. ### Deal Analysis Deal Analysis helps you work out the profit on a real estate deal. Open the loan file and, under UNDERWRITING, click **Deal Analysis**. ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1633535423961-gjY.png) Purchase Price, Rehab Needed, ARV and Property Taxes are shared with Loan Info, so changing them here changes the loan too. ### HUD The HUD tab lets you build a preliminary HUD statement. If you don't see it, turn it on in Settings \> Platform Settings \> File Tab Display Order. ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1628526175414-Zxk.png) Open the loan file and, under UNDERWRITING, click **HUD**. It opens on Funding & Closing. Enter your figures and click Save. ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1628526271080-pBc.png) To get a PDF you can print, save or send, click **View HUD**. It opens a PDF preview in a new tab. ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1628526424331-HNg.png) ![](https://help.lendingwise.com/hubfs/Knowledge%20Base%20Import/1628526476929-_tA.png) **Good to know:** - 200-series credits must be typed as negative numbers. - Lines 101 and 202 don't fill in from Loan Info. - HUD amounts aren't recorded in the Change Log. - The page also has the Funding Worksheet, Assigned Employees (Closing Coordinator, Doc Drawer, Funder) and Funding Wire sections. - [Overview of LendingWise Platform](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#main-content) - [Training & Support](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#training-support) - [Privacy](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#privacy) - [CRM](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#crm) - [Website](https://help.lendingwise.com/knowledge/overview-of-lendingwise-platform?hsLang=en#website) - 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