Oct 4

Countdown to the New HMDA Rules Effective January 1, 2018

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up

Wednesday, October 4, 2017

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

On October 13, 2015, financial institutions were put on notice that significant changes would be made to the Home Mortgage Disclosure Act (HMDA). These changes modify the types of transactions covered and greatly expand the data collection process. This webinar will provide expert insight into the new rules and valuable tips for successful implementation. There are less than 60 business days from this presentation until the January 1, 2018, effective date. Will you be ready?

UPDATE REGARDING FINAL RULE: The rules that were finalized on August 24, 2017, increased the threshold for open-end lines of credit from 100 to 500 and modified the definition of multifamily dwelling. The rules also clarified issues related to additional “temporary financing” exemptions, home improvement loans/lines on mixed-use properties, and collecting and reporting demographic information. Join us to learn more!

Continuing Education: Attendance verification for CE credits upon request


  • Which loan applications will and will not be reportable?
  • HELOC reporting will no longer be optional – loan types will now include lines of credit
  • Unique standards for consumer-purpose transactions and another set of rules for commercial-purpose transactions
  • HMDA reporting in 2018 will be a four-step process:
    1. Is there a purpose exclusion?
    2. Is the transaction secured by a dwelling?
    3. Is the transaction an extension of credit?
    4. Are there other exclusions that apply?
  • Detailed information on completing the LAR (loan application register), which will be expanded to 48 data points – including 25 new fields
  • Data collection of demographic information, including 15 new subcategories of "disaggregated" information for ethnicity and race
  • How to report when an applicant or co-applicant chooses to self-identify under the new rules
  • Changes to the submission process that include certain unique identifiers
  • Tips to identify transactions and minimize reporting errors, penalties, and data resubmission

    • HMDA key dates timeline and coverage charts
    • HMDA fact sheet that summarizes key changes and "TIPS" for implementation
    • Roadmap template to monitor implementation success
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key


"Revisiting Your HMDA Policies & Procedures to
Include Comprehensive Changes Effective January 1, 2018 "

Monday, August 21, 2017


This informative session is designed for lenders, loan assistants and processors, loan operations staff, compliance officers, fair lending officers, IT staff, and auditors.

PLEASE NOTE: Program content is subject to copyright and intended for your individual financial institution’s use only.


Compliance Consulting and Training for Financial Institutions
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