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Are You Ready to Comply with the New HMDA Regulations?
Monday, June 19, 2017 6:40 AM

The CFPB's amendments to the Home Mortgage Disclosure Act (HMDA) take effect Jan. 1, 2018. As a result, the compliance obligations of credit unions subject to HMDA will fundamentally change.

Start preparing for the new requirements and the operational impact they will have on your credit union by attending HMDA: 186 Days and Counting – Is Your Credit Union Ready?—a live webinar scheduled for Thursday, June 29, at 11 a.m. CST, hosted by compliance professionals from both CUNA and CUNA Mutual Group.

During this 90-minute session, attendees will learn more about:

  • Changes to the institutional coverage test;
  • The expanded scope of transactions subject to HMDA;
  • New requirements for collecting and reporting data (and documents to assist with that process);
  • How to bridge the gap between the old and new reporting requirements; and
  • Strategies to effectively collaborate with third-party vendors.

All of the information your credit union needs to be compliant with the new rule will be covered during this special live event. Please join us!

Sign up here.