HMDA Data Collection and Coding 2021 (B) | ProBank Austin | 30 December 2021 | Webinar

This webinar requires certain institutions to collect and report information regarding transactions to the federal government. This information is used for different purposes, including potential discrimination analysis, determining where institutions are providing loans, and establishing MSAs and MDs. There are numerous “data points” that may be required, depending on the transaction and whether the institution meets the “partial exemptions.”

This webinar will provide instruction on the data we’re required to collect – what the rules and commentary say, how procedures are crucial when the rule is vague or unclear, and how an institution will code the Loan/Application Register. The materials will refer to and include the Filing Instructions Guide, which is critical in understanding how to report the data, as well as the reference chart, and will include a number of informal, sample checklists and charts that may be helpful to participants. We’ll review some common questions institutions have while coding the LAR.

This webinar will also review the partial exemptions – when institutions may qualify for them and which data points are exempted.

Here is what you learn:
• All of the data points, including:
• ULI
• Loan purpose
• Construction method
• Type of action taken
• Property location
• Rate spread
• Credit score
• Total loan costs and points and fees
• Origination charges
• Lender credits
• Debt-to-income ratio
• Loan-to-value ratio
• Amortization and maturity
• Type of introductory rates
• Contractual features
• Review of the filing instruction guide and reference chart
• The partial exemptions

2021 Speaker

PRESENTER:

Anetria Cohen
Vice President, vCard