WEBINAR

Top 10 HMDA Reporting Mistakes Webinar

CFT Credits: 0.25

Regulators can assess civil money penalties for HMDA reporting errors and require an institution to “scrub” and resubmit data. The consequences can be expensive and time-consuming. How can you avoid these fines, penalties, and headaches? What does the HMDA data tell all prudential regulators about potential Fair Lending? – see complete description below.

Click Here for Webinar Description and Audience

Regulators can assess civil money penalties for HMDA reporting errors and require an institution to “scrub” and resubmit data. The consequences can be expensive and time-consuming. How can you avoid these fines, penalties, and headaches? What does the HMDA data tell all prudential regulators about potential Fair Lending?

The objectives for this webinar will cover the basic requirements for accurate HMDA data collection. Learn how to use the “HMDA Getting it Right Guide” and other tools that will help streamline your efforts and detect potential reporting errors.

Covered Topics:

•What are the top 10 HMDA reporting mistakes and how can you avoid making them?
•Step by step data collection definitions and helpful tips
•Best practices for HMDA data validation
•Helpful HMDA compliance resources including checklists and a matrix to track errors
•Overview of HMDA data analysis process for Fair Lending purposes
•PREVIEW OF THE ADDITIONAL DATA FIELDS THAT WILL BE REQUIRED UNDER THE EXPANDED PROPOSAL MADE BY THE CFPB ON JULY 25th; it was 573 pages – learn some key proposals for changes in these five areas:
◦Coverage
◦Types of Loans
◦Expanded Data
◦Mortgage Industry standards
◦Technology tools and Electronic Reporting
•What are some potential impacts to your Fair Lending analysis when “age” and “credit score” factors are added?

Who Should Attend?

Loan Operations, Loan Officers and Loan Assistants, Compliance Officers, Fair Lending Officers, and Auditors.

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

LIVE WEBINAR:

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. 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.

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 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:

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.

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.

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
10/08/14Archived CD-ROM Video Recording$345.00Order
AnyIn-HouseRequest