CUNA, in conjunction with the Bureau of Consumer Financial Protection, will host a webinar Wednesday to discuss technical implementation of the August Home Mortgage Disclosure Act (HMDA) interpretive rule. Registration is open for the free webinar, which is scheduled for 11 a.m. (ET) on Oct. 10.
The bureau’s August interpretive rule clarifies the partial exemptions from HMDA reporting present in the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155).
Section 104 of the bill provides regulatory relief to small depository institutions that have originated less than 500 closed-end mortgage loans or less than 500 open-end lines of credit in each of the two preceding calendar years by exempting them from certain disclosure requirements under HMDA.
This webinar will cover the following:
Additionally, the webinar will help credit unions: