Introduction

Attend this webinar to help your organization most successfully avoid mistakes in HMDA reporting.

Under the leadership of the Consumer Financial Protection Bureau the reporting rules and systems change significantly for 2018, transactions and for large institutions again in 2020. There will be changes reducing the number of financial institutions must report, the types of loans subject to reporting, the data which will have to be reported, and the methods and IT reporting requirements. There are policy type changes and a total replacement of their systems.

Learning Objectives

  • Learn how regulators view the importance of HMDA reports and what their major concerns are likely to be
  • Understand the most common errors, so as to focus improvement where the effort will mostly bring benefits
  • Understand which errors are most likely to be viewed as serious by regulators
  • Tools and techniques will be discussed that have proven useful in helping management to reducing mistakes

Area Covered In The Webinar

  • A regulator's perspective
  • Large-scale mistakes
  • Individual applications' mistakes
  • Things management can do to reduce mistakes
  • Things staff can do to reduce mistakes

Why should you attend?

In the process of developing HMDA (Home Mortgage Disclosure Act) reports it is possible to make a variety of mistakes. Some of these are considered more significant than others. Some are more common than others. If the number of mistakes is high, it can result in rework and even fines. This can result in loss of trust in your institution by regulators, which is never a good thing. The Topic is based on statistics as to common mistakes and the experience of a former regulator as to which mistakes will be viewed as most significant to the regulators. It will also cover material useful in helping any operation reduce human errors.

Who Will Benefit

Anyone working in HMDA reporting including associates, supervisors, and managers

ENROLLMENT OPTIONS

On Demand
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Jim George is an independent consultant to banks focusing on issues of fraud. He has over 25 years’ experience as a consultant to major banks in associate partner and principal roles at PriceWaterhou Know More

Jim George