Regardless of whether your credit union is very new to HMDA or HMDA-experienced, this straight-forward one-hour webinar will help you understand the HMDA requirements. We'll explain how to identify reportable loans (that's usually the biggest problem), and we'll see how HMDA applies to these loans:
What You Will Learn
- Business and Ag Loans
- Non-Real Estate Loans
- Purchase-and-Rehab Loans
- Refinancings
- Open-End Credit
- Temporary Loans
- Farm-Purchase Loans
- Dual-Purpose Loans
We'll briefly discuss the upcoming HMDA changes and also address some of the issues that commonly occur in HMDA reporting.
Registrants will get a colorful and easy-to-read reference booklet explaining the HMDA requirements. Among other information, the booklet will include:
- An easy-to-follow chart with codes and instructions for LAR preparation
- A worksheet for collecting LAR information—YOU'LL LOVE THIS ONE!
- FFIEC's Frequently Asked Questions