2023 Advanced HMDA

Please join us for a two-day deep dive into all things HMDA! We will talk regulatory details, commentary, best practices, examples, and more.

Instructor: 

Day One: We will spend the first day studying what makes an institution reportable, what makes a transaction reportable (or exempt), who has reporting responsibility in certain transactions, and when to collect GMI. 

HERE IS WHAT YOU CAN EXPECT:

• Purpose
• Institutional coverage
• Transactional coverage
• Omissions testing
• Applications
• Government monitoring information
• Reporting responsibility
• Completion of the loan/application register

Day Two: We will discuss how to fill out your LAR in detail. We’ll also look at the most common issues spotted in our audits.

HERE IS WHAT YOU CAN EXPECT:

• Reportable data points
• Filing instruction guidance (which code to report and when)
• Software edits
• Submission and disclosure requirements
• Common audit findings