Upcoming Changes in the Home Mortgage Disclosure Act (MLC474Z)

  Pre Recorded Webinar
  60 minutes
  
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Preparing for New HMDA Data Collection and Reporting Requirements.

The Dodd-Frank Act amended the Home Mortgage Disclosure Act (HMDA) to significantly increase the amount of data that lenders must report. The Consumer Financial Protection Bureau (CFPB) seized upon the opportunity under the Dodd-Frank Act to significantly increase the amount of data that lenders must report; changed the tests for determining which lenders and transactions are covered under HMDA; and changed the reporting frequency for lenders with large numbers of reported transactions.

Essentially, everything about HMDA is new and different, and the data collection and reporting deadlines will be here before you know it!

In this session, expert speaker Kris D. Kully will run through all the upcoming changes, and highlight what you should be doing now to prepare!

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Presenter

Kris Kully is a partner in Mayer Brown's Washington DC office and a member of the Consumer Financial Services group. She advises clients on federal and state regulatory compliance matters affecting providers of consumer financial products and services, including licensing and substantive practic... More info

 


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Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.