Limited Spots available!
Join us for this special 2½ hour class and workshop for community bankers to explore the requirements and the environment for HMDA reporting and accuracy. One of the best ways to master this area is to learn from others, whether to see errors and build a foolproof control around them, or to hear about best practices you might adopt for yourself. We will be in search of the “root cause” for reporting problems. Examples of HMDA internal controls will be outlined.
Finally, we will break into groups to explore the operationalizing of compliance and best practices at your institution.
What You’ll Learn
Home Mortgage Disclosure Act Overview:
- Covered application
- Key Data Fields, exam procedures, errors and resubmission
- Relationship of HMDA to Other Compliance: CRA, Fair Lending, Reg B, 1071
- Common errors and audit findings in HMDA audits
- Internal controls to support the HMDA Process
- Workshop Session: Cameras and microphones on! We will break into groups for Q & A review and
- ideas/tips/tools to share with your banker peers
Webinar Details
How does your community bank handle HMDA data reporting? How you do handle it ultimately impacts the bank’s success across several high‑risk compliance categories—including the Community Reinvestment Act (CRA) and Fair Lending. At a community bank this means varying degrees of automation may be utilized. How do we Get It Right?
