Common HMDA Violations & Challenges

  • by ICBSD
  • Mar 10, 2020
  • 0

Date/Time
Date(s) - 03/10/2020
2:00 pm - 3:30 pm

Categories


Inaccurate HMDA reporting can lead to costly violations. This program will identify common reporting problems and solutions. Real-life scenarios and HMDA resources will be used to help you improve training and identify errors.

REGISTER

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Identify common reporting problems for:
    • Temporary financing exemptions, including renewals
    • Multiple-party applications and reporting secondary market activity
    • Gross annual income – what counts?
    • Demographic information
    • Complex issues with mixed-use dwellings
    • Correct action-taken codes
  • Use the CFPB and FFIEC HMDA resources more effectively
  • Define the correct loan purpose
  • Explain complex HMDA scenarios
  • Distinguish between covered loans and excluded applications

WEBINAR DETAILS

This webinar will review the fundamental HMDA requirements, while focusing on common problem areas that can create reporting violations. Real-life examples will be used to reference HMDA resources that can be used to improve training, identify errors that may not be picked up by edits or software, and streamline verifying data integrity.

Attendance certificate provided to self-report CE credits.

WHO SHOULD ATTEND?

This informative session is designed for all employees involved with HMDA reporting, including loan operations staff, loan officers, loan assistants, processors, compliance officers, and auditors.

PRICING

  • $230 – Live Webinar
  • $230 – Recorded Webinar + Free Digital Download
  • $350 – BOTH Live Webinar and Recorded Webinar + Free Digital Download

ABOUT THE AUTHOR

ICBSD