The Home Mortgage Disclosure Act, implemented by Regulation C, assists in the identification of possible discriminatory lending patterns through the use of loan level data. Any HMDA-reportable institution knows that Regulation C has been in a constant state of evolution since January 2018.
Unfortunately, we’re not done yet. Additional rule changes set to take effect on January 1, 2022 will once again impact the number of financial institutions required to collect and report loan level HMDA data in connection with their open-end and closed-end dwelling secured transactions. Join Regulatory Compliance Counsel Michael Christians for this highly informative 90-minute session.
The “The Continued Evolution of HMDA” webinar has been approved for 2 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. To receive a certificate, email streaming@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.
Covered Topics
- HMDA’s Institutional Coverage Test
- The Transactions Subject to HMDA
- Data Collection Requirements
- How to Properly Record HMDA Data
- How to Properly Report HMDA Data
- Public Disclosure Rules
Who Should Attend?
Loan originators, loan processors, back office personnel, compliance officers and internal auditors would all benefit from the information provided during this session.
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.