Professional Services Agreements in Construction Live Webinar

HMDA Compliance Updates (OnDemand Webinar)

$149.00

SKU: 410270EAU

Description

Gain a better understanding of the HMDA reporting requirements, as well as some key areas of concern or difficulty.The Home Mortgage Disclosure Act (HMDA) requires covered financial institutions and other mortgage lenders to collect and report detailed information about loan applications that can be used by regulators to identify potential discriminatory lending patterns or community under service. Reporting accurate data under these rules is a key responsibility of regulated mortgage lenders. Further, these lenders must analyze and understand their HMDA data to identify potential patterns of disparate treatment or disparate impact and address any such problems before regulators raise them in an examination or an investigation. This presentation will assist persons responsible for reporting under HMDA to understand the basics of the HMDA reporting requirements, as well as some key areas of concern or difficulty. The presentation will also explain how HMDA data is used by regulators, including a discussion of some key enforcement actions related to HMDA data in recent years. Finally, it will provide some practical tips and best practices for financial institutions to follow to ensure that their data is reported correctly and any potential patterns of disadvantage to protected class borrowers are understood and addressed prior to an examination.

Date: 2023-06-12 Start Time: End Time:

Learning Objectives

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HMDA Overview
• Refresher on Reporting Requirements
• Expanded Data Set and Coverage Thresholds
• Reporting

Why HMDA Reporting Matters
• Use by Regulators for Fair Lending Monitoring
• Driver of Investigations and Enforcement Actions
• Also Subject to Compliance Examinations

HMDA and Enforcement
• HMDA Compliance: Washington Federal Consent Order
• Fair Lending/Redlining: Trustmark/Cadence Bank
• Prudential Regulators: CRA Examinations

Managing HMDA Data: Data Integrity
• Accurate Reporting (Technology, Manual, Combinations)
• Quality Control and LAR Scrubs
• Mining Data for Fair Lending Risk

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CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

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R. Andrew Arculin-Blank Rome LLP

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Professional Services Agreements in Construction Live Webinar

HMDA Compliance Updates (OnDemand Webinar)

$219.00

SKU: 406085EAU

Description

Dive into important aspects of the HMDA Governance Program.The topic will focus on a review of new industry guidance and reporting requirement changes resulting from the implementation of the Consumer Financial Protection Bureau’s (CFPB) 2015 Home Mortgage Disclosure Act (HMDA) Final Rule, effective January 1, 2018. Discussion will also focus on a deep dive into aspects of a HMDA governance program, reporting threshold requirements, challenges, best practices and next steps that organizations may consider to ensure compliance with the Final Rule. This material will help departments responsible for HMDA reporting understand the expanded Loan Application Register (LAR) in more detail and how to avoid common reporting pitfalls and mistakes that can occur when reporting, with action taken, action taken date, income, and expanded GMI data. Share best practices around expanded transactional coverage, loanlevel reporting requirements, and increased reporting frequency which are the hallmarks of the expanded Final Rule.

Date: 2019-08-02 Start Time: End Time:

Learning Objectives

HMDA Overview
• Current State of Regulation C • HMDA
• Key Regulatory Updates/Current Regulatory Actions
• Compliance Program Challenges and Issues in LAR Reporting

2015 HMDA Final Rule
• Expanded Transactional Coverage
• Expanded Loan-Level Reporting Requirements
• Increased Reporting Frequency
• Key Points to Consider

HMDA Oversight
• Structure
• Governance
• Policies and Procedures
• Training
• Software
• QC Program

Loan Application Register (LAR) • Approaches and Concern
• Typical Pain Points/Challenges
• Industry Specific Observations
• Scenarios/Use Cases to Walk Through

Action Steps/Best Practices for Enhancing Compliance With the 2015 HMDA Final Rule
• Current State HMDA Assessment/CMS
• 2018 HMDA Preparedness Assessments/Project Plan
• HMDA QC and Monitoring Tools Implementation
• Recurring HMDA LAR Testing

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Stephen Dunn-Navigant Consulting, Inc., Vincent Urbancic, CFA – BRG, Beji Varghese – Guidehouse Inc.