Source: https://www.jackscomplianceresource.com/product/hmda-implementing-the-new-rules-part-2-completing-the-revised-loan-application-register/
Timestamp: 2019-02-22 08:10:00
Document Index: 238712060

Matched Legal Cases: ['art 2', 'art 2', 'art 2', 'art 1', 'art 2', 'art 1', 'art 2']

HMDA Implementing the New Rules Part 2 - Completing the Revised Loan Application Register Webinar Recording - Compliance Resource
Home > Webinar Recordings > HMDA Implementing the New Rules Part 2 – Completing the Revised Loan Application Register Webinar Recording
Part 2 of this series provides a thorough review of the revised Regulation C rules that explain, in detail, the information that must be included on the revised loan application register (LAR). The two-hour program assures participants:
• Understand the new requirements;
• Have a plan to implement the new requirements; and
• Are aware of potential problems resulting from the new requirements.
As we begin the countdown to the effective date we are offering a two-part series to assist your efforts to implement the new rules.
Part 1 – Scope, Covered and Exempt Transactions
Part 2 – Completing the Revised Loan Application Register
Detailed information on how to complete the LAR. The reportable data, expanded from 23 to 48 data points, include:
Each field is reviewed and its potential impact on fair lending, CRA or other areas is considered.
Permits applicants and borrowers to self-identify using 15 new subcategories for transactions where ethnicity and race information is provided by the applicant or borrower.
A review of the 2017 and 2018 Filing Instructions Guide (FIG) (published July 2016);
Steps to identify and eliminate reporting errors and thereby avoid penalties and
Highlights of proposed amendments to Regulation C that were released on April 13, 2017.
To access Part I of this webinar series, HMDA Part 1 – Scope, Covered and Exempt Transactions Webinar Recording, click here.
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