2022 HMDA Submission Due March 1, 2023: Updates, Challenges, & Real-Life Examples

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 agency is prohibited. Print materials may be copied for eligible participants only.

Presenter
Susan Costonis, CRCM – Compliance Training & Consulting for Financial Institutions
Susan Costonis is a compliance consultant and trainer who began her career in 1978. She specializes in compliance management along with deposit and lending regulatory training. Costonis has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Costonis has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.

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