HMDA: Avoiding Common Errors

HMDA is always one of the more complex regulatory topics out there. So many data fields with very specific requirements, which means many opportunities for errors. How is your process? Midyear is a good time to do a checkup on your data collection and reporting procedures, as well as the data itself. There are more than a few tripwires and tricky data points to keep track of, and that requires a detailed and consistent process to ensure the right information is collected and submitted every time.

In this webinar, we’ll review in detail all the common gray areas and pain points of the numerous HMDA data fields, including the always-challenging action taken, application date, and many others. We’ll also go over the requirements to ensure you’re reporting everything that you should be. We’ll review the differences between prequalifications and preapprovals, as well as conditional approvals.

• Employee training log
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits