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A Provider of AIB Products Home Mortgage Disclosure Act (HMDA) |
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Course Description: Home Mortgage Disclosure Act (HMDA) introduces students to the home mortgage data and disclosure information that must be provided to the public and federal government as a result of the implementation of the Home Mortgage Disclosure Act. The course explores the types of loans covered by HMDA, the information that is required for reporting on the Loan application Register, and the role of supervisory agencies and management in ensuring that the data is reported as outlined in HMDA. Audience: Bank personnel with responsibilities for any part of the mortgage lending process. Learning Objectives: After successfully completing this program, you will be able to: • Explain the purpose of the Home Mortgage Disclosure Act (HMDA) and what it covers • Describe the financial institutions required to report HMDA data • Provide an overview of the types of loans covered by HMDA • List other Acts that support fair lending practices • List the regulatory agencies involved with HMDA reporting • Describe management responsibilities for reporting HMDA information • Describe how to complete each section of the Loan Application Register Course Credits: AIB: 0 ; ICB: 1.0 CLBB, CPB Prerequisites: None Required Software: None Optional Software: Adobe Acrobat Reader and RealPlayer Cost: Members $95 • NonMembers $130  Forms Page ... Registration ... Requests ... WithdrawalPBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com |
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