Find this page again at:
https://www.onlineed.com/catalog/288/Home-Mortgage-Disclosure-Act-HMDA-Training-Course

The Home Mortgage Disclosure Act (HMDA) Training Course

$14.95

Add to Cart

product image

The Home Mortgage Disclosure Act (HMDA)

In 1975, Congress passed the Home Mortgage Disclosure Act (HMDA), which was implemented by Regulation C of the Federal Reserve Board (FRB). HMDA is codified at 12 U.S.C. 2801-2810, and Regulation C is codified at 12 C.F.R. Part 1003.

HMDA allows regulators to determine if the housing needs of the community are being met by requiring financial institutions (and certain mortgage companies) to report public data to their respective supervisory agencies. It was amended in 1989 when Congress extended the Act to independent mortgage companies, and added requirements to report data on denials of mortgage applications and to identify the ethnicity, race, gender, and income of applicants and borrowers.

This course will review the Home Mortgage Disclosure Act and who needs to report the required information. You will learn what applications must comply with HMDA and what types of loans do not fall under HMDA requirements.

Course Objective

At the conclusion of this course, you will be able to:

  • Identify the key components of HMDA.
  • List ways the HMDA data can assist regulators and help consumers.
  • Define HMDA data reporting requirements.

This course will remain available to students for 1461 days after enrollment.

Learn More

Key Features
Online Course
All learning is online. Start immediately. Learn on your own schedule.
Printable Certificate
Download and print your own certificate.
Package Summary
Price: $14.95 (USD)
Category: Vocational Training > Mortgage > Core Compliance Training
Course Provider

OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278

mail@onlineed.com

Our Mission Statement

To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.

Add to Cart