2020 - Tools and Techniques to Avoid HMDA Reporting Mistakes

OVERVIEW
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.
LEARNING OBJECTIVES
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
WHY SHOULD YOU ATTEND
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.
AREAS COVERED
A regulator's perspective
Large-scale mistakes
Individual applications' mistakes
Things management can do to reduce mistakes
Things staff can do to reduce mistakes
WHO WILL BENEFIT?
Anyone working in HMDA reporting including associates, supervisors, and managers
SPEAKER
Jim George 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).
For more detail please click on this below link:
https://bit.ly/3c81TDI
Email: support-AT-247compliance.us
Tel: +1-(707)-743-8122