WEBINAR

Scrubbing and Submitting 2017 HMDA Data Webinar

CFT Credits: 0.25

This two-hour webinar focuses on the existing requirements of HMDA and Regulation C. The existing data fields continue unchanged through the end of the 2017 reporting cycle; however, the reporting process is changing dramatically. This program covers the basic rules of HMDA and Regulation C and provides the information needed to assure accurate reporting of 2017 HMDA data.

Webinar Description and Intended Audience

WHAT?

While the world of the Home Mortgage Disclosure Act (HMDA) is about to undergo major changes, creditors cannot afford to lose focus on the basic requirements of Regulation C that remain in effect until January 1, 2018. HMDA-reporting banks spend considerable time in January and February of each year “scrubbing” HMDA data before the March 1st submission date. In addition, financial institutions face new reporting requirements for 2017 data as the data must be submitted to the CFPB by March 1, 2018 through a new web interface known as the HMDA Platform, which includes the process for resolving edits. This webinar is designed to get you ready for these tasks. 

Errors can result from the failure to report a covered loan, reporting a loan that is not reportable, miscoding data on reported loans. Regulators continue to report significant error rates for HMDA data. Penalties may be imposed for such errors. This program reviews data collection and reporting rules, common problems that occur when collecting and reporting the HMDA data, and issues related to the public disclosure of the information.

WHY?

This two-hour webinar focuses on the existing requirements of HMDA and Regulation C. The existing data fields continue unchanged through the end of the 2017 reporting cycle; however, the reporting process is changing dramatically. This program covers the basic rules of HMDA and Regulation C and provides the information needed to assure accurate reporting of 2017 HMDA data.

Participants receive a detailed manual that serves as a handbook long after the program is completed.

The program provides:

  • A thorough explanation of which institutions are covered by HMDA and Regulation C for the 2017 reporting cycle;
  • A review of which loans are and are not reportable;
  • Detailed information on how to complete the LAR;
  • Clarification of the rules related to secondary market and broker transactions;
  • Detail on the data submission and public availability requirements;
  • Steps to identify and eliminate reporting errors and thereby avoid penalties; and
  • Actions to take to prepare for the new reporting steps necessary for submitting the 2017 data to the CFPB.

Who Should Attend?

The program is designed for loan officers, compliance officers, loan processors and clerks and auditors. Whether new to the requirements of HMDA and Regulation C or a seasoned veteran, this program provides a comprehensive review of the existing requirements of HMDA and Regulation C.

Webinar Viewing Options

LIVE WEBINAR:                                              

INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK!  With this option, you will participate in the webinar live, via the internet. 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. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time.  And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:

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 a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for 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:

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 any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.

IN-HOUSE:                                                        

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.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

Register Here!

Choose the viewing option that best suits your needs. Live Webinar times are shown as Eastern Time. You can choose to pay by credit card or invoice when you register. CFT Credit will be awarded to the registrant, unless directed otherwise (additional attendees can also receive credit for an additional fee). CFT Webinars are powered by Total Training Solutions!

Webinar DateStart TimeEnd DateEnd TimeViewing Options - See Descriptions AbovePrice
01/11/18Archived Six Month On-Demand Recording$295.00Order
AnyIn-HouseRequest