2022 HMDA Submission Due March 1, 2023: Updates, Challenges & Real-Life Examples
On-Demand Webinar:
StreamedJan 25, 2023Duration60 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Confused about HMDA reporting? You’re not alone.
The
real-life examples used in this timely webinar will help clarify the confusion
on the top five issues – before the March 1 reporting deadline.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Submit the 2022 data with added confidence and improved data integrity
- Effectively use the HMDA resources in the CFPB’s 2022 FIG (Filing Instructions Guide)
- Interpret several confusing issues such as what is and isn’t a dwelling, mixed-use property scenarios, and complex demographic information collection
- Explain how to handle quality edits
- Understand clarifications for complicated data points
WEBINAR DETAILS
HMDA reporting continues
to be a challenge for many financial institutions. Most importantly, this
public data can be scrutinized for potential discriminatory practices that can
challenge your financial institution’s reputation. Join this fast-paced webinar to learn about
issues that challenge HMDA reporters and receive valuable tools to submit your
2022 HMDA data by March 1, 2023. The presentation will include citations, tips,
and real-life examples. You will learn
important information about the causes of reporting errors, including these top
five issues:
- Secondary market reporting rules
- Dwelling definitions and mixed-use property scenarios
- Demographic information collection tips
- Reporting tips for applications made in the commercial loan area
- Data integrity challenges – submission and resubmission steps
WHO SHOULD ATTEND?
This informative session
is designed for all employees who need to understand and manage HMDA reporting,
including loan operations staff, loan officers, loan assistants, processors,
compliance officers, fair lending officers, IT support staff, and auditors.
TAKE-AWAY TOOLKIT
- HMDA worksheets and flow chart for 2022 activity, including updated resources from the CFPB
- Lists of data fields for each data point
- Helpful HMDA compliance resources, including checklists for submission and fair lending considerations
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Compliance Training & Consulting for Financial Institutions
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC