What are common mistakes made with respect to HMDA (Home Mortgage Disclosure Act) reporting?
What can be done to reduce the mistakes?
Register for this 60 minute session with expert speaker Jim George to gain an understanding of actual mistakes being made in HMDA reporting. He will help the mortgage reporting managers, supervisors and staff to be more aware of the common mistakes in the industry so that they can focus their quality efforts where their effort is most likely to payoff. The presentation is designed to be of interest to everyone with interest in improving report accuracy.
Jim will also discuss about some tools and techniques that have proven useful in reducing mistakes.
A brief introduction from the viewpoint of a former regulator
The worst mistake: omission (non-reporting)
Specific errors in reports filed
Ways to reduce human errors
The focus will be on the best available information as to the most frequent and important errors detected by the HMDA regulators
Who should attend?
Anyone Working In HMDA Reporting Including Associates, Supervisors and Managers
Jim G. George is an independent consultant working with major banks and other financial institutions in areas of AML, KYC, anti-fraud, and risk management. He was formerly an Associate Partner in the Bank Risk and Compliance unit of IBM Consulting and with PriceWaterhouse-Coopers consulting be...
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