HMDA: Preparing for 2018


Explains how the new HMDA Rule changes will affect your institution’s data collection and reporting efforts. Identifies unchanged, modified and new data points and emphasizes the need to verify the bank’s obligations for timely recording and understand the proper reporting process to ensure compliance with the regulation.

Note: Focuses on the changes effective in 2018 and will be updated with 2019 and 2020 changes in the future..

Updated: Sept. 2017

Learning Objectives

After completing this course, students will be able to:

  • Explain the purpose of HMDA and the implementation dates of the 2015 HMDA Rule changes
  • Describe the institutional and transaction coverage changes
  • Explain the modified and new data points required on the Loan Application Register (LAR)
  • Explain financial institutions' data recording, reporting and disclosure responsibilities and enforcement

Audience

Bank personnel with responsibilities for any part of the mortgage lending process.


 

​Course Credits

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​​​Questions? Please contact training@aba.com for more information.​
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Frontline Compliance

 
This course is available to ABA Member banks at no cost under a license agreement. Learn more
 

 Registration & Pricing

 

Individual Purchase
ABA Member • $95
Non-Member • $130

 

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