Reporting HMDA Action Taken for Conditional Approvals


$295.00

Presented by: Kathleen Blanchard

                 
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Reporting conditional approvals for HMDA can be confusing; the types of conditions that are outstanding is a key factor in deciding how to report final action taken. This webinar will help you to understand the reporting requirements, how they correspond with Regulation B, and consider some process improvements that will improve the HMDA reporting process.

Treatment of counteroffers changed under revised HMDA as did conditional approval reporting. The types of conditions that are outstanding is a key factor in deciding how to report final action taken. This webinar will help you to understand the reporting requirements, how they correspond with Regulation B, and consider some process improvements that will improve the HMDA reporting process.

This webinar will cover:
  • the conditional approval process,
  • what is a conditional approval,
  • the types of action taken including reporting approved not accepted and withdrawn,
  • reporting closed for incompleteness vs denied for incompleteness,
  • what is a credit decision for HMDA reporting purposes,
  • types of customary commitment or closing conditions and underwriting or creditworthiness conditions,
  • is action taken always denied if an adverse action notice is issued,
  • what is different from pre-2018 HMDA conditional approvals,
  • what is a counteroffer and when is one accepted,
  • what terms and conditions are reported for counteroffers, and
  • procedures a financial institution can implement to clarify HMDA reporting.
Who Should Attend
Lenders, underwriters, lending managers, compliance officers, HMDA reporting staff, auditors, examiners - anyone who is involved with or needs to understand HMDA reporting.

About the Speaker: Kathleen Blanchard has over 34 years of experience in the financial services industry. She has developed lending and regulatory processes as a banker and consultant and presents in-depth regulatory training. Her background includes commercial and private banking lending, credit review, credit policy and procedures, risk management and regulatory compliance at both community, regional and large international banks.

Kathleen has been providing training and consulting services for financial institutions on regulatory compliance requirements, process development and training since 2006. She is a Certified Regulatory Compliance Manager and a BOL Guru for BankersOnline.com. Kathleen presents her views and advice on HMDA and CRA and other regulatory matters at her website, www.kaybeescomplianceinsights.com

Since 2015, Kathleen has been delivering regulatory compliance consulting and training via The HMDA Academy, a unique personalized combination of consulting, training and resources delivered online to assist financial institutions in learning and applying the revised HMDA process and rules.

This program was recorded in its entirety in June 2019. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

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  • Model: cd_hmda0619
  • Manufactured by: Glia Group, Inc.


This product was added to our catalog on Tuesday 02 April, 2019.

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