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HMDA 101
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Please join us for a special class covering the basics of the Home Mortgage Disclosure Act (HMDA)
We are holding this class in light of the recent change to the closed-end threshold for HMDA reporting. We have several credit unions that will be new HMDA reporters and several that will return to reporting after several years of not reporting.
This class will focus on the basics for new HMDA reporters, but current HMDA reporters may also find the information useful. We will cover the following:
The origination threshold decreasing from 100 loans to 25
The other thresholds credit unions must me before they are required to report data
What to do about 2020, 2021 and 2022 data reporting
Required data fields
Expanded data fields for larger institutions (we will only briefly mention these fields)
Maintaining, auditing and reporting HMDA data
Required disclosures
Important Information:
Date: Wednesday, January 11, 2023
Time: 10:00 AM to 2:00 PM
Hybrid Meeting: We will hold an in person and online meeting (Zoom links will be provided prior to meeting)
Lunch provided: For in-person attendees
Location of in person Meeting: UCUA Offices, 455 E 500 S, Suite 400, Salt Lake City, UT 84014
This class is free of charge for all our member credit unions
Location
Address
Association Office
455 E 500 S, Suite 400 Salt Lake City, UT
USA 4th Floor
Parking
Please Park in parking spaces located in the lot west of Denver Street, across the street from the America First Metro Center. Park only in spots labeled "America First Credit Union Employee Parking"
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