Description:
Getting HMDA right doesn’t start with reporting, it starts with how your institution defines its rules. Many HMDA data fields are open to interpretation, which means mistakes often happen before the first line of data is ever submitted. This course is designed for compliance and operations professionals who want a straightforward, practical foundation in HMDA.
We’ll break down confusing areas like application dates, action taken dates, and credit score reliance, showing you how to set consistent internal standards that reduce errors and prepare your team for examiner reviews. By the end, you’ll know how to document your policies, explain them to staff, and feel confident that your HMDA reporting process is built on solid ground.
Who is this Designed for: Compliance officers, CRA officers, loan operations staff, and fintech compliance teams who are new to HMDA or looking to strengthen their foundational knowledge.
Agenda
Why HMDA compliance starts before reporting any data
Application Date: common confusion points and how to decide
Action Taken Date: creating and sticking to an internal standard
Rate Set Date: why it matters for Rate Spread and HOEPA accuracy
Credit Score: choosing your approach and documenting reliance
Relied-on fields in Adverse Actions and non-QM products
How to document and train your policies for staff consistency
By the end of this webinar, you will know how to:
Establish clear, consistent internal HMDA rules before collecting or reporting data
Address common confusion points around application, action taken, and rate set dates
Document and apply internal policies to reduce errors and examiner findings
Decide and document your institution’s approach to credit scores and relied-on fields
Train staff effectively so HMDA coding and reporting are accurate from the start