HMDA Part 2: Demographic Collection

Compliance Lending

On-Demand Webinar

StreamedOct 11, 2023Duration60 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Do you know what details to gather when a loan is subject to HMDA? Do the requirements vary by application type?

Part 2 of this three-part series will focus on key HMDA terms and demographic collection, including proper documentation, collection methods, reporting requirements, the implications of different application types, and more!

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Use the toolkit resources to successfully complete complex demographic information collection
Define the terms ethnicity, race, and gender
Explain the collection process to employees and accountholders
Distinguish between the requirements for various application channels
Understand the importance of collecting and reporting accurate information

WEBINAR DETAILS

The Home Mortgage Disclosure Act (HMDA) is a complex and data-driven process. The CFPB has issued FAQs (frequently asked questions – and answers) on multiple topics to clarify the correct codes and collection process. This webinar will provide effective training to help both new employees and experienced staff correctly document the demographic information based on the various types of application submissions. These methods include in-person, phone, internet, and “hybrid” submissions.

Attend all the webinars in this three-part series to gain a broader understanding of HMDA applications, demographic collection, and related commercial loans.

WHO SHOULD ATTEND?

This informative session is designed for all employees who need to understand and manage HMDA reporting, including loan operations staff, loan officers, loan assistants, processors, compliance officers, and auditors.

TAKE-AWAY TOOLKIT

Step-by-step data collection definitions and important tips to avoid mistakes
Tool for taking demographic information
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

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.