AIB Home Mortgage Disclosure Act (HMDA) (AIB-7322)

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 The Home Mortgage Disclosure Act 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. Students will learn about the types of loans covered by HMDA, the information that is required for reporting on the 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. Throughout the course, students will learn about the significant changes that have been made to this act, which became effective January 2004.

Delivery Options

 Self-Paced Online 

Audience 

Bank personnel with responsibilities for any part of the mortgage lending process.

Learning Objectives

   At the conclusion of the program participants will be able to:

• Explain the purpose of 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
• Explain how the Loan Application Register data is used
• List regulatory agencies involved with HMDA reporting
• Respond to questions about HMDA
• Describe management responsibilities for reporting HMDA information

Enrollment Form

Download and print an enrollment form from here, complete and fax to 904-354-1834