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State of HMDA in 2019 - Webinar

State of HMDA in 2019 - Webinar

by Deb Rondeau -
Number of replies: 0

Center for Financial Training
Webinar - Live and Recorded Options Available

State of HMDA in 2019

Thursday, July 18, 2019
11:00 AM - 1:00 PM (Eastern Time)

 

CFT Webinars are purely educational. Instructors are not permitted to sell any products or services during the presentation.

Program Content:

The CFPB’s 2018 HMDA rules are now in effect, although the CFPB had announced that enforcement of the new rules will be delayed at least a year. As well, the CFPB recently issued a new proposal on threshold amounts and an ANPR on the new data elements. What will happen here? Will HMDA change yet again? The new rules expanded what types of loans are covered (to include lines of credit), and many more data elements (110, depending on how you count) are now collected. As well, the submission and disclosure processes changed, to the new CFPB online method. What do the CFPB’s announcements mean? What will HMDA data integrity enforcement be like? Should smaller lenders continue to collect the new data if they stopped? Will examiners be looking at it? What are the fair lending issues and risks you need to be aware of after submission? As well, the existing HMDA data elements must still be collected and submitted properly. We’ll discuss the current state of HMDA and get your questions answered.

Covered Topics:

  • Recent proposal on threshold amounts and the ANPR on the new data elements – what may change? What CAN change?
  • The CFPB’s announcements about the new HMDA rule and delays in enforcement – what does all this mean and what should we do?
  • CFPB’s guidance on private vs. public data
  • Details of the new coverage rules – who collects and submits information, and when
  • What types of loans and lines of credit are reportable now
  • The new dwelling-secured loan standard – what does this impact?
  • Changes in the commercial loan area
  • New LAR fields – moving to 53 fields, but with many additional data requirements
  • New categories of reporting, including information on the property, loan type, and loan features; plus identification information
  • Changes on how GMI is reported
  • Changes to the submission process
  • Quarterly reporting for some institutions
  • How the public obtains HMDA information changes
  • Practical and compliance implications
  • What to do now that the 2018 data is out there? What types of fair lending analyses should you be doing?

Who Should Attend?:

Loan officers, managers, and processors, compliance and fair lending officers, auditors, counsel, and anyone else with HMDA-related responsibilities, including data collection, reporting, analysis, and disclosure. Please forward email to appropriate person(s).

Instructor:

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

What Is A Webinar?:

A webinar combines the clarity of an audio teleconference with the interactivity and visual presentation of the internet. All you need to participate is a telephone and an internet connection. Even if you don't have an internet connection, you can still participate in the audio session. Listening to the program over the telephone and following the written materials is an effective alternative!

Unable To Attend?:

No problem. You can purchase a recording of the webinar for future use. You can choose from either an On-Demand Web Link (Good for 6 months from the webinar date, unlimited use) or a CD-ROM (includes a paper copy of the PowerPoint slides).

Viewing Options (all options include applicable handouts):

All options include applicable handouts. You can choose to pay by credit card or be billed. Additional Live Webinar connections are $75 each.

Option 1: Live Webinar and 7 Days OnDemand Video Playback - $265

Option 2: OnDemand Video (six months access) - $295

Option 3: Live and 6 Months of OnDemand Video - $365

Option 4: CD-ROM Video (Includes OnDemand Video) - $345

Option 5: Entire Package (all of the above) - $395

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Recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

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Questions?

Please contact Scott Briggs at
800-795-5242 X1180 or scott@cfteducation.org

 

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