Tools and Techniques to Avoid HMDA Reporting Mistakes
Formulating an error-free HMDA report has inflicted a heavy task over the years. There are regular changes in the rules and regulations under the leadership of the Consumer Financial Protection Bureau for 2018 and large institutions in 2020. Regulators are often confounded to the latest updates on these rules. HMDA reporting mistakes, when ignored, can cause a fortune or even rigorous rework. In this live webinar, the speaker discusses important tools and techniques to avoid these reporting mistakes. Attend this webinar to help your organization most successfully avoid mistakes in HMDA reporting.
- 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
- A regulator's perspective
- Large-scale mistakes
- Individual applications' mistakes
- Things management can do to reduce mistakes
- Things staff can do to reduce mistakes
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.
Anyone working in HMDA reporting including associates, supervisors, and managers
Jim George is an independent consultant to banks focusing on issues of fraud. He brings over 25 years as a consultant to major banks in Associate Partner and Principal roles at PriceWaterhouse-Coopers Consulting, IBM Consulting in Bank Risk and Compliance and Andersen Consulting (now Accenture). He has also been SVP Operations for a Fortis-US division providing outsourcing services to the banking industry.
Jim's work has included projects in fraud investigation, fraud prevention, identity issues, compliance and AML (anti-money laundering). His background includes work in bank operations and payments strategy, reengineering, systems and quality improvement.
Upcoming Webinars
By Marcia Zidle
Date: Dec. 23, 2024
By Diane L. Dee
Date: Dec. 23, 2024
By Beverly Beuermann-King
Date: Dec. 27, 2024
By Bruce Lee
Date: Dec. 27, 2024
By Garrett Wasny
Date: Dec. 30, 2024
By Wendy Sellers
Date: Jan. 6, 2025
By Diane L. Dee
Date: Jan. 6, 2025
By Melveen Stevenson
Date: Jan. 7, 2025
By Bob McKenzie
Date: Jan. 7, 2025
By Margie Faulk
Date: Jan. 7, 2025
By Rebecca Farabaugh
Date: Jan. 7, 2025
By Marcia Zidle
Date: Jan. 8, 2025
By Richard E Cascarino
Date: Jan. 8, 2025
By William Mack Copeland
Date: Jan. 9, 2025
By Mark Gorkin
Date: Jan. 10, 2025
By Bruce Lee
Date: Jan. 13, 2025
By Diane L. Dee
Date: Jan. 14, 2025
By Terry Winship
Date: Jan. 14, 2025
By Rachelle D Souza
Date: Jan. 16, 2025
By Charles H. Paul
Date: Jan. 16, 2025
By Meredith Crabtree
Date: Jan. 16, 2025
By David Nettleton
Date: Jan. 17, 2025
By Abdelrahman Abdou
Date: Jan. 17, 2025
By Jonnie Keith
Date: Jan. 17, 2025
By William J. Rothwell
Date: Jan. 24, 2025
By Pete Tosh
Date: Jan. 27, 2025
By Meredith Crabtree
Date: Jan. 27, 2025
By Marcia Zidle
Unlock Employee Loyalty: Stay Interviews Will Keep Them Engaged Before They Start Looking Elsewhere!
Date: Jan. 29, 2025
By Margie Faulk
Date: Jan. 30, 2025
By Cathy Horwitz
Date: Jan. 31, 2025
By Dr. Susan Strauss
Recorded Session
By David R. Dills
Recorded Session
By Justin Muscolino
Recorded Session
By Abdelrahman Abdou
Recorded Session
By Dr. Susan Strauss
Recorded Session
By Meredith Crabtree
Recorded Session
By Michael Healey
Recorded Session
By Paul J. Cline
Recorded Session
By Ginette M. Collazo
Recorded Session
By Dev Strischek
Recorded Session
By Don Phin
Recorded Session
By Marcia Zidle
Recorded Session
By Audrey Halpern
Recorded Session
By Mike Thomas
Recorded Session
By Carolyn Troiano
Recorded Session
By Edwin Waldbusser
Recorded Session
By Pete Tosh
Recorded Session
By Cathy Horwitz
Recorded Session
By Kelly Thomas
Recorded Session
By Justin Muscolino
Recorded Session
By Dr. Susan Strauss
Recorded Session
By Bob McKenzie
Recorded Session
By William Mack Copeland
Recorded Session
By Marcia Zidle
Recorded Session
By Melveen Stevenson
Recorded Session
By Melveen Stevenson
Recorded Session
By Marcia Zidle
Recorded Session
By Dr. Susan Strauss
Recorded Session
By Edwin Waldbusser
Recorded Session
By Patrick Haggerty
Recorded Session
By Cathy Horwitz
Recorded Session
By Mike Thomas
Recorded Session
By Margie Faulk
Recorded Session
By Dr. Susan Strauss
Recorded Session
