HMDA & Regulation C - The Morning After

Presented by:
Jack Holzknecht, Pegasus Educational Services, LLC

Materials (only available to registered users)



WHAT?
The major revisions to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), are effective January 1, 2004. In addition to other changes, the new rules:
  • Expanded coverage rules to bring more institutions under the regulation;
  • Expanded (preapprovals) and revised (home improvement loans and refinancings) which loans are reported on the Loan Application Register (LAR);
  • Substantially changed the format of the LAR and the codes used on the LAR:
    • Changed codes for ethnicity and race;
    • Added information about loan pricing, HOEPA status and lien status; and
    • Added codes for loans secured by manufactured homes.
WHY?
If you missed previous training on this topic or if you need one final review of the material, this program is for you. The program provides a complete review of the changes to HMDA and Regulation C. It thoroughly prepares participants to implement the changes. Participants receive a detailed manual that serves as a handbook long after the program is completed.

This two-hour webinar focuses on the revisions and new requirements, and the steps covered institutions must take to assure their programs are in compliance.

The program provides:
  • A thorough explanation of the revisions to Regulation C that are effective January 1, 2004;
  • Detailed information on how to complete the revised LAR; and
  • A review of the steps that should be in place to assure full compliance with the new requirements.
WHO?
The program is designed for loan officers, compliance officers, loan secretaries and clerks and auditors. Whether you are new to the requirements of HMDA and Regulation C or a seasoned veteran, this program provides a comprehensive review of the revisions to HMDA and Regulation C.

About the speaker:  
Jack Holzknecht
Jack Holzknecht is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for twenty-two years. He has the ability to identify the key compliance issues from each regulation. Jack’s career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. In that capacity he developed loan and deposit form systems and software. He also developed and presented training programs that were delivered to bankers in 43 states. Jack has been an instructor at compliance schools presented by the Georgia, Iowa, Kentucky, Pennsylvania, Nebraska, New York and Texas bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a “BOL Guru” at http://www.bankersonline.com/ and frequently answers compliance questions sent to “Bankers’ Threads.”

About the seminar:
One registration is required per location. If the complete broadcast is received via the computer the AUDIO and VIDEO components can be connected to an A/V projector to allow multiple participants to view the conference. If the audio portion of the broadcast is received via the telephone the AUDIO portion can be placed on speaker phone to allow multiple participants. Interactive components delivered via Web include slides, online polls and interactive Q&A via chat.

Each registration also comes with one ARCHIVED viewing of the event. This will enable you to participate in the LIVE event as well as train additional staff from the ARCHIVED event.

Handouts will be provided and we welcome questions during and after the seminar, as well as in advance. Questions received after the seminar will be posted on a special Web page for later viewing by seminar attendees.

Contact Information: Billing questions can be directed to Carin Eisenhauer, carin@bankersonline.com. All other questions may be directed to mpetry@bankersonline.com

TEST YOUR SYSTEM: Click below to test receiving the presentation using Windows Media Player.