HMDA: The Basics for Lenders – ON-DEMAND WEBINARS

Date Recorded: June 24, 2021

Presenter: Anetria Cohen, Vice President, FORVIS

A two-hour webinar focusing on the HMDA rules and lenders’ responsibilities.

Loan originators are an extremely important part of the lending process – in addition to, of course, assisting customers and helping to originate a loan, in the course of the application process they collect information about the transaction. If a transaction is subject to reporting under the Home Mortgage Disclosure Act (HMDA), loan originators are critical in ensuring that the institution is completing its Loan Application Register correctly. With all of the recent HMDA revisions, it is crucial that originators understand the current requirements.

This webinar will provide an overview of the HMDA requirements rule – the transactions subject to HMDA reporting and what data information is required – with a focus on what information a loan originator may be responsible for.

HERE IS WHAT YOU WILL LEARN:

• Which transactions are subject to HMDA reporting (and which are not)
• Data collection information
• Data collection chart