HMDA Reporting Part 2: Collecting Demographic Information

On-Demand Webinar
StreamedOct 27, 2021Duration60 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

Accurate demographic information is the glue that holds the HMDA reporting process together.

But that information can be based on different types of application submissions.  Part 2 of this three-part series will explain what you need to know about gathering and documenting demographic information.

AFTER THIS WEBINAR YOU WILL BE ABLE TO:
  • Successfully use toolkit resources to collect complex demographic information
  • Define the terms ethnicity, race, and gender
  • Explain the collection process to employees and accountholders
  • Distinguish between the requirements for various application channels
  • Realize the importance of collecting and reporting accurate information
  • WEBINAR DETAILS

    The Home Mortgage Disclosure Act (HMDA) is a complex, data-driven process.  The CFPB has published many FAQs to clarify the correct codes and collection process.  This webinar will provide effective training to help staff correctly document the demographic information based on the various types of application submission.  These methods include in-person, phone, internet, and “hybrid” submissions.  This is the second webinar in a three-part series.  Attend Parts 1 and 3 to learn more about application basics and commercial lending issues.

    WHO SHOULD ATTEND?

    This informative session is designed for all employees who need to understand and manage HMDA reporting, including loan operations, 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 collecting demographic information
    • Helpful HMDA compliance resources
    • 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 agency is prohibited. Print materials may be copied for eligible participants only.

    Presented By

    Susan CostonisSusan Costonis
    Compliance Training & Consulting for Financial Institutions
    © 2022 FINANCIAL EDUCATION & DEVELOPMENT, INC