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Course description

ICB Credit: 2.5 CRCM

Business purpose loans seem to cause anguish for HMDA but they don't have to. Have a process to define what loans are business purpose, and have specific HMDA procedures for that portfolio. This webinar will help you to accomplish those goals!

Understanding which loans are business purpose loans is crucial for Regulations B and Z compliance as well as HMDA and CRA. It doesn't have to be that hard. If you are wrong on one, you are wrong on all, and if the loan is kept in portfolio, your risk processes might be wrong as well.

In this webinar, we will take a quick journey through identifying business purpose loans, and then delve into to handle them for HMDA. This is more important under the new HMDA regulation because there are more fields with exclusions for business purpose loans and lines of credit, plus many additional fields that do apply! Additionally, business purpose loans have different rules for what loans and lines are covered.

This webinar will focus on giving you the tools to have a strong HMDA process for those complex business purpose loans.

Attendees of this webinar will

•Identify and property report business purpose loans and lines of credit

•Establish specific procedures for business purpose lending

 •Save time (and money) by streamlining HMDA reporting for business purpose lending and eliminate errors on your HMDA LAR 

Who Should Attend: Anyone who needs to identify, report or audit business purpose loans for HMDA - Customer contact staff, Loan Officers, Compliance Officers, Auditors, Quality Assurance staff, Examiners, and lending and loan operations staff responsible for the HMDA LAR.

Webinar Reviews: 

Excellent! - MLillyVery 

good, but almost too much material for 2 hours - cynthia   


Kathleen Blanchard

Kathleen Blanchard has over 32 years of experience in banking. She has developed lending and regulatory processes as a banker and consultant and presents detailed regulatory training that is very process specific. Her banking background includes commercial and private banking lending, credit review, credit policy and procedures, risk management and regulatory compliance at both community, regional and large international banks. Kathleen has been providing training and consulting services for banks, credit unions and non-bank lenders on their regulatory compliance processes, HMDA and CRA reporting, process development and training since 2006. She is a Certified Regulatory Compliance Manager and a BOL Guru for Kathleen presents her views and advice on HMDA and CRA and other regulatory matters at her website, Since 2015, Kathleen has been delivering in depth regulatory compliance consulting and training via The HMDA Academy, a unique personalized combination of consulting, training and resources delivered online to assist financial institutions and vendors in learning and applying the revised HMDA process and rules going into effect in 2017 and 2018.

Course curriculum

  • 1


    • Business Purpose Loans – What Are They and How Are They Reported for HMDA?

  • 2


    • Slides

    • Questions and Answers

    • Chart