Start Date: 7/15/2020 1:00 PM MDT
End Date: 7/15/2020 2:30 PM MDT
Over the past couple years, the Home Mortgage Disclosure Act (HMDA), as implemented by Regulation C, has undergone significant transformation. These changes have required financial institutions to update day-to-day operations on an ongoing basis. Because of this fluid rulemaking environment, many HMDA-reportable institutions are struggling to make sense of what their current responsibilities are.
This program will be presented by a regulatory compliance attorney who will provide an in-depth look into the current state of HMDA. Participants will learn about HMDA’s institutional coverage test, the types of transactions subject to HMDA reporting, the data points required to be collected in connection with reportable transactions, and Regulation C’s public disclosure rules.