Event Calendar

Monday, September 27, 2021

HMDA Reporting Part 1: Application Basics

Start Date: 9/27/2021 1:00 PM MDT
End Date: 9/27/2021 2:30 PM MDT

Organization Name: Independent Bankers of Colorado

Tara F. Hunter
Email: thunter@ibcbanks.org
Phone: (303) 832-2000

HMDA Reporting Part 1: Application Basics 
1:00 pm – 2:30 pm MT

HMDA could be an acronym for How Much Data Applies?  In reality, the Home Mortgage Disclosure Act does require collection and reporting of data regarding dwelling-secured applications.  Part 1 of this three-part series will provide the definitions, demographics, rules, and application basics you need.

  • Distinguish a “prequalification” which is not HMDA reportable, from a “preapproval” which is reportable
  • Effectively use the CFPB’s HMDA resources to identify potential applications
  • Define various types of dwellings that trigger a HMDA application
  • Explain to applicants the need to collect demographic information
  • Understand the elements of a “completed” application
The Home Mortgage Disclosure Act (HMDA) requires financial institutions to collect and report data related to certain dwelling-secured applications.  Reporting mistakes can result in civil money penalties and regulatory headaches. Join this fast-paced 60-minute session that outlines the basic rules for identifying potential HMDA applications and provides effective training for new employees and reinforces the importance of “getting it right” for the lending staff.  This is the first webinar of a three-part series.  Attend Parts 2 and 3 to learn more about collecting demographic information and commercial lending issues.
This informative session is designed for all employees who need to understand and manage HMDA reporting, including loan operations, loan officers, loan assistants, processors, compliance officers, and auditors.
  • HMDA flow chart and checklists
  • CFPB resource links
  • Employee training log
  • Interactive quiz
HMDA Reporting Part 2:
Collecting Demographic Information
on Wednesday, October 27, 2021
HMDA Reporting Part 3:
Commercial Lending Issues
on Tuesday, November 9, 2021
2020 HMDA Submission Due March 1, 2021:
Challenges & Best Practices
on Wednesday, January 13, 2021

Susan Costonis, CRCM, Compliance Training & Consulting for Financial Institutions
Susan Costonis is a compliance consultant and trainer who began her career in 1978.  She specializes in compliance management along with deposit and lending regulatory training.  Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies.  She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve.  Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado.  She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. On-Demand Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.