Summary - Mastering HMDA

A full-day seminar providing a detailed review of the Home Mortgage Disclosure Act (HMDA) and its implementing regulation, Regulation C. Whether you are new to HMDA or have been reporting for years, you will receive benefits from this seminar’s practical, "real world" approach to HMDA compliance.

Hear in-depth analysis as to the institutions and transactions that are covered – the importance of understanding the definitions, the basic coverage rules (including the changing of the thresholds), and the exemptions; the information required to be collected and recorded; and the processes for reporting and disclosing that data. Also hear about the possibility of being exempt from having to report certain data points (the partial exemptions)!

HMDA poses challenges to both novice and experienced reporters. With increased regulatory scrutiny of HMDA data for fair lending purposes and the potential penalties associated with technical errors, it is crucial for an institution’s HMDA data gathering and reporting process to be precise.

This Mastering HMDA seminar provides a detailed discussion of the regulation and explanations of common errors and violations. Throughout the presentation, the instructor discusses guidance published by the regulators and questions received from Forvis Mazars' advisory services. The seminar provides the attendee the opportunity to get practical answers to their recurring questions.

Coverage, Exemptions and Key Definitions Associated with HMDA
Partial Exemptions
What are Key Data Fields
Review Loan-Volume Thresholds
"What Information Goes Where" on the Loan Application Register
Proper Lobby Notices and Requirements for Making HMDA Data Available to the Public
Important Guidance and Other Tools Available from the FFIEC and CFPB
Why and How HMDA Data is Used During the Fair Lending Review Process
Common Challenges Associated with HMDA, Including, Understanding the Definition of Refinance or Temporary Financing, and the Difference Between the Rate Spread and HOEPA Calculations
Clarify Excluded Transactions
Clarify Key Terms
Clarify Collection of Race and Ethnicity Information

Attendees: $445

Each Additional Attendee: $395

Registration Policy: ProBank Education Services permits one participant per paid registration to access the program via a single internet connection at one physical location. Additional registrations are available at a discounted rate and may be registered online, by mail, or phone. Group viewings are not permitted. All unregistered participants will be invoiced. Please note we reserve the right to change speakers or reschedule/cancel seminars when necessary.