HMDA Reporting Part 2: Collecting Demographic Information
The Home Mortgage Disclosure Act (HMDA) is a complex, data-driven process. The CFPB has published many FAQs to clarify the correct codes and collection process. This webinar will provide effective training to help staff correctly document the demographic information based on the various types of application submission. These methods include in-person, phone, internet, and “hybrid” submissions. This is the second webinar in a three-part series. Attend Parts 1 and 3 to learn more about application basics and commercial lending issues.
Successfully use toolkit resources to collect complex demographic information
Define the terms ethnicity, race, and gender
Explain the collection process to employees and accountholders
Distinguish between the requirements for various application channels
Realize the importance of collecting and reporting accurate information
Step-by-step data collection definitions and important tips to avoid mistakes
Tool for collecting demographic information
Helpful HMDA compliance resources
Employee training log
WHO SHOULD ATTEND?
This informative session is designed for all employees who need to understand and manage HMDA reporting, including loan operations, loan officers, loan assistants, processors, compliance officers, and auditors.
ABOUT THE PRESENTER – Susan Costonis, CRCM
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. Susan 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. Susan 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.
Live Webinar – $245
Recorded Webinar and Digital Download – $245 plus tax
Live Webinar, Recorded Webinar and Digital Download – $320 plus tax