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Common Issues in HMDA Data

This webinar provides insight into the murky areas of HMDA which may result in the failure to report the appropriate loans on the LAR or errors in reported data fields. Participants receive a detailed manual that serves as a handbook long after the program is completed.

Upcoming
Wednesday, June 4th, 2025
10:00 am - 11:30 am
Presented by Kimberly Boatwright
2 CRCM Credits
$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Auditing
  • Commercial/Business Lending
  • Compliance
  • General Compliance
  • Lending
  • Risk Management/Legal
  • Compliance Officer
  • Internal Auditor
  • Loan Operations Manager/Specialist
  • Mortgage Lender
  • Risk Manager
  • Training Manager
  • Trainer

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HMDA-reporting institutions spend considerable time in January and February of each year “scrubbing” HMDA data before the March 1 submission date. This webinar is designed to help institutions understand the common errors that continue to occur every year.

Errors can result from the failure to report a covered loan, reporting a loan that is not reportable, or miscoding data on reported loans. Regulators continue to report significant error rates for HMDA data. Penalties may be imposed for such errors.

This program reviews data collection and reporting rules, common problems that occur when collecting and reporting the HMDA data, and issues related to the public disclosure of the information.

What You'll Learn

  • Basic rules of HMDA and Regulation C
  • Information needed to assure accurate reporting of HMDA data
  • A thorough explanation of which institutions are covered by HMDA and Regulation C for the 2024 reporting cycle
  • Which institutions are eligible for the EGRRCPA partial HMDA exemption and options for compliance available to those institutions
  • A review of which loans are and are not reportable
  • Detailed information on how to complete the LAR
  • Clarification of the rules related to secondary market and broker transactions
  • Detail on the data submission and public availability requirements
  • Steps to identify and eliminate reporting errors and thereby avoid penalties
  • Actions to take to prepare for submitting the data to the CFPB

Who Should Attend

The program is ideal for loan officers, compliance officers, loan processors, clerks, and auditors.

Kimberly Boatwright

Instructor Bio

Kimberly Boatwright is EVP and Director of Risk and Compliance at Compliance Resource, LLC, and has more than two decades of experience working in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC, and consumer compliance. During her career, she has worked for and consulted with all types of financial institutions helping to establish and evolve compliance and risk programs. She is a frequent public speaker, trainer, and author on compliance and risk management topics. Kimberly is a Certified Regulatory Compliance Manager and a Certified Anti-Money Laundering Specialist.

Continuing Education Credit Information

Common Issues in HMDA Data has been approved for 2 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

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