Tools and Techniques to Avoid HMDA Reporting Mistakes

• OVERVIEW

Attend this webinar to help your organization most successfully avoid mistakes in HMDA reporting.

• LEARNING OBJECTIVES

• Learn how regulators view the importance of HMDA reports and what their major concerns are likely to be
• Understand the most common errors, so as to focus improvement where the effort will mostly bring benefits
• Understand which errors are most likely to be viewed as serious by regulators
• Tools and techniques will be discussed that have proven useful in helping management to reducing mistakes

• WHY SHOULD YOU ATTEND

In the process of developing HMDA (Home Mortgage Disclosure Act) reports it is possible to make a variety of mistakes. Some of these are considered more significant than others. Some are more common than others. If the number of mistakes is high, it can result in rework and even fines. This can result in loss of trust in your institution by regulators, which is never a good thing. The Topic is based on statistics as to common mistakes and the experience of a former regulator as to which mistakes will be viewed as most significant to the regulators. It will also cover material useful in helping any operation reduce human errors.

• AREAS COVERED

• A regulator's perspective
• Large-scale mistakes
• Individual applications' mistakes
• Things management can do to reduce mistakes
• Things staff can do to reduce mistakes

• WHO WILL BENEFIT?

Anyone working in HMDA reporting including associates, supervisors, and managers