February 26, 2019
Mark J. Baldi
This one hour webinar will review the key aspects of the enhanced data collection and reporting requirements of the Home Mortgage Disclosure Act (HMDA) Rule. The provisions of the Rule are effective for applications for which final action is taken on or after January 1, 2018.
During the webinar, we will:
- Discuss revised institutional and transactional coverage, with particular emphasis on the exclusion of temporary financing.
- Highlight common errors regarding in specific data fields
- Review the effects of the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155) on HMDA reporting
- Examine the details of the Partial Exemption, including eligibility criteria and exempt data fields.