How To Analyze Fair Lending Compliance: Practical Tools
Your HMDA-LAR data is the ground floor of a fair lending examination, and your regulators are performing detailed statistical analysis in preparation for the exam. It is a goldmine of information simply because it contains demographic information of applicants and borrowers. Performing analysis of HMDA data is no longer a best practice; it is an expectation of examiners.
Click Here for Webinar Description and Intended Audience
Your HMDA-LAR data is the ground floor of a fair lending examination, and your regulators are performing detailed statistical analysis in preparation for the exam. It is a goldmine of information simply because it contains demographic information of applicants and borrowers. Performing analysis of HMDA data is no longer a best practice; it is an expectation of examiners. They expect you to understand your own data and be able to apply a risk-based focus in your efforts.
The stakes are only getting higher: the Dodd-Frank Act contains provisions requiring additional HMDA data to be collected and submitted in the years to come, and in the years to come we’ll be collecting and submitting data on commercial applications, as well. Understanding your data is no longer a “nice-to-have”; it’s a necessity.
But what does this mean? How to best do this? This program explores ways to use HMDA data in various types of analysis’s. This isn’t meant only for larger institutions, either. There are many tools that even the smallest community banks can (and should) utilize. Many of these analysis’s can be performed with just Excel. But in today’s strict fair lending examination environment, understanding your own data is a necessity.
Covered Topics Include:
•Collecting the information you need (it’s more than just LAR data)
•Basic calculations to run to identify areas for further analysis: disparity ratios, t-values, and more
•Analyzing your data by “slices”
•Identifying problem areas
•Reviewing peer data
•Examples of tables, calculations and comparisons to run
•Analyzing pricing information
•Examiner expectations regarding additional data elements
•Identifying and analyzing “outliers”
•Regression analysis, matched pairs/comparative file review, and individual file review
•Service level analysis
•Analyzing foreclosures, modifications, and other distressed situations
•What to do with the information when you’re done – reporting and escalation
Who Should Attend?
The program is designed for loan department management, compliance officers, testers, and auditors. Bank counsel and any other department and/or personnel concerned with fair lending performance will benefit by this webinar’s information. This program will provide the necessary tools to perform analysis of HMDA and fair lending data.
Click Here for Continuing Education Credits (CEC) Info
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Click Here for Viewing Option Descriptions
INCLUDES SEVEN DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. Participants can type and send their questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate in the same room.
SIX MONTH ONDEMAND VIDEO RECORDING:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
CD-ROM VIDEO RECORDING:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.