Join LSCU for a Home Mortgage Disclosure Act (HMDA) Reporting Webinar

The League of Southeastern Credit Unions & Affiliates (LSCU) is excited to bring you a Home Mortgage Disclosure Act (HMDA) Reporting Part 1: Application Basics webinar on September 28, 2021. Join this fast-paced 60-minute session that outlines the basic rules for identifying potential HMDA applications and provides effective training for new employees and reinforces the importance of “getting it right” for the lending staff. This is the first webinar of a three-part series. Attend Parts 2 and 3 to learn more about collecting demographic information and commercial lending issues. This informative session is designed for all employees who need to understand and manage HMDA reporting, including loan operations, loan officers, loan assistants, processors, compliance officers, and auditors.

After this webinar you’ll be able to:

• Distinguish a “prequalification” which is not HMDA reportable, from a “preapproval” which is reportable
• Effectively use the CFPB’s HMDA resources to identify potential applications
• Define various types of dwellings that trigger a HMDA application
• Explain to applicants the need to collect demographic information
• Understand the elements of a “completed” application

MEET THE PRESENTER

Susan Costonis, CRCM Compliance Training & Consulting for Financial InstitutionsSusan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training. Most of her 35-year career was spent as a banker in several areas including lending, loan administration, electronic banking, and compliance risk management. Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.

Register Today!