ProBank Mastering HMDA 2018 - Holyoke | Professional Bank Services | 30 October 2018 | Hilton Garden Inn, 800 Hall of Fame Ave Springfield, MA 01105

A full-day seminar providing a comprehensive review of the Home Mortgage Disclosure Act (HMDA) and the Consumer Financial Protection Bureau’s (CFPB’s) 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.

Learn how the CFPB’s final rule is changing HMDA! Hear how the changes and implementation phases will impact the institutions and transactions covered; the information required to be collected and recorded; and the processes for reporting and disclosing that data. Most provisions related to institutional and transactional coverage, and data collection, recording, reporting, and disclosure are effective January 1, 2018. In addition, hear about the CFPB’s recently issued final rule amending the 2015 HMDA Final Rule provisions.

The 2017 HMDA Final Rule amends certain provisions of the 2015 HMDA Final Rule by temporarily increasing the threshold for collecting and reporting data with respect to open-end lines of credit; establishing a new reporting exclusion and optional reporting for certain transactions and data points; clarifying certain key terms, including multifamily dwelling and automated underwriting system, among others; and clarifying how to collect race and ethnicity information.

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 comprehensive discussion of the regulation and explanations of common errors and violations and reviews the changes for 2018. Throughout the presentation, the instructor discusses guidance published by the regulators and questions received from ProBank’s call-in service. The seminar provides the attendee the opportunity to get practical answers to their recurring questions.

Who Should Attend?

Anyone involved in HMDA data collection and/or reporting will benefit from this program. Loan processors, trainers, compliance officers, and auditors will also find this seminar to be informative.

• Program Level: Intermediate
• Prerequisite/Advanced Preparation: Basic Knowledge of HMDA
• Delivery Method: Group - Live
• Field of Study: Specialized Knowledge and Applications