HMDA: Haven or Havoc
Wednesday, May 24, 2017 | 2:00 p.m. EST
Presenters: Cindy LeBlanc and Cindy Prince
It seems like everywhere you look these days, somebody is talking about HMDA and the new rules. While a majority of the requirements do not go into effect until 2018, there are only eight months left for financial institutions to get their policies, procedures, and refined processes in place. Do you know the impact these new rules will have on your financial institution?
Join Temenos' compliance experts, Cindy Prince and Cindy LeBlanc, as they discuss a plan of action to ensure your financial institution is prepared for the upcoming regulatory changes. This dynamic duo will cover key topics such as:
- When HMDA's effective dates and changes will be enforced and what these changes mean to your financial institution.
- How your institutional reporting and transaction reporting will change due to these new requirements.
- Why new and modified data will need to be reported and the criteria used to make up this report.