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Webinar Calendar

Our League webinars offer training on topics for all aspects of credit union operations. You'll have the choice to participate in the live webinar only, purchase the recorded webinar or both. Included with all League webinars are the training log, quiz and answer key.

From time-to-time our webinar calendar will also show webinars from system partners. This is done as a courtesy to further your learning options and you should contact the system partner for details on those webinars.


Top Issues for 2017 HMDA Reporting: Due March 1, 2018

Discover the basic requirements for accurate 2017 HMDA data collection and provide an overview of the technical reporting requirements.

Jan 04, 2018 02:00 PM   -­­  Jan 04, 2018 03:30 PM
CT
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Type of Event
Webinar

Who Should Attend
  • Webinars
  • Compliance
  • Lenders

Register

Description

There are significant changes for HMDA coverage and new data fields beginning January 1, 2018. However, financial institutions will still operate under the existing rules for the 2017 data reported by March 1, 2018. The rules for reporting the data haven’t changed, however, the method for validating and submitting the data has changed significantly. Financial institutions must address all edits prior to submitting the data collected in 2017. The web-based edit report provided by the CFPB’s HMDA platform will address syntactical, validity, quality, and macro-quality edits.

Regulators can assess civil money penalties and require institutions to scrub and resubmit data for HMDA reporting errors. How can these penalties and headaches be avoided? What does your HMDA data tell the regulators and the community about potential fair lending issues?

This webinar will cover the basic requirements for accurate 2017 HMDA data collection and provide an overview of the technical reporting requirements. Learn how to use tools that will streamline your efforts, find potential reporting errors, and identify fair lending red flags.

Learning Objectives

  • Overview of HMDA requirements for 2017 activity
    • Who reports HMDA data?
    • What types of loans are covered and what data is reported?
    • How and when is the data reported?
    • “Pain points” and the top 10 HMDA reporting mistakes, including solutions for accurate reporting
    • Properly reporting data in the 26 required fields on the
    • Loan Application Register (LAR)
    • Common reporting mistakes and practical tips for managing the process
  • Overview of the revised submission method for 2017 data, “authorized representative” requirements to certify the data is accurate and complete, and highlights of the August 2017 FIG (Filing Instructions Guide) changes, including using a “variable-width, pipe delimited text file”
  • HMDA data analysis process for fair lending purposes

Speaker

Susan Costonis, CRCM, Compliance Consulting & Training for FIs

Download the brochure >>