The New HMDA Rules for 2018
Instructor:
Jim George
Product ID: 705572
- Duration: 60 Min
Why Should You Attend:
Under the leadership of the Consumer Financial Protection Bureau the rules change significantly in 2018, 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. Actual changes required start with reports due in March of 2018.
Learning Objectives :
- Learn about the background behind the regulations and how that helps in understanding the New Rules
- Learn if your organization meets the new requirements for reporting, fewer will have to report in the future
- Learn the changes made in the types of loans which will be covered by reporting
- Know what changes in processes and IT will be required on what dates
- Know where to find authoritative detail.
Who Will Benefit:
- Loan Officers
- Clerks and auditors
- Lenders
- Personal bankers
- Loan assistants and processors
- Loan Operations Staff
- Compliance Officers, Fair Lending Officers
- IT staff, and auditors.
Jim George
Independent consultant, George Consulting LLC
Jim George is an independent consultant working with major banks and other financial institutions in areas of mortgage, compliance management, and risk management. He was formerly an Associate Partner in the Bank Risk and Compliance unit of IBM Consulting and with PriceWaterhouse-Coopers consulting before that. Jim worked for the Director of Operations in HUD’s Office of Fair Housing around the time HDMA reporting regulations were first implemented. He was Senior Vice President of Operations and Compliance for a mortgage servicing company.
More Training By Experts
- BSA/AML Recent Developments and Compliance
- Home Mortgage Disclosure Act (HMDA) Reports - Meeting Regulators: Expectations - Tools and technique to reduce errors
- AML, SOX and Licensing Controls Failures - Detection, Prevention and Risk Mitigation Strategies
- Identity Issues in Banking - After the Breach, 26 Red Flags and More
- Best Practices to Prevent Fraud: Understanding the Trends, Threats and Strategies
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
