Home Mortgage Disclosure Act: In Depth

This course discusses the Home Mortgage Disclosure Act of 1975 including the amendments finalized in 2014, effective for January 1, 2018. This course dives deep into each aspect of the Act including institution coverage, covered loans, disclosure requirements, and filing. Data collection requirements are covered in detail, with an overview of all 48 data points and detailed information on the key areas of applicant information and collection, and action taken date. This course is intended for Compliance Officers, Loan Operations staff, and any other staff members who will need to know the ins and outs of the Act.