Is 2018 HMDA feeling like the “Hokey Pokey” to you? Will you have one arm in? both arms in? or maybe your whole body will be out?! If you made less than twenty-five closed-end dwelling secured loans in 2016 or 2017, you won’t have to report them in 2018. But, what if Home Equity Lines of Credit (HELOC) are your niche? Under the 2018 HMDA rules, you may be required to report HELOCs, if you originated 500 or more in 2016 AND 2017 (and you also meet the Asset and MSA tests).
Luckily, we are here to help you do the dance! Join us on October 18, 2017, for our 2018 HMDA Coverage Webinar. We will take an in-depth look at who’s covered, what’s covered, what’s not covered and much, much more!
Deb joined Banker’s Compliance Consulting with twenty years of experience in the banking industry. Her past positions include teller, credit review analyst, assistant financial officer, BSA Officer, Compliance Officer, and Director of Compliance. She has worked for both a small community bank and a large billion-dollar bank.
Deb has Associate Degrees in Business Management and Accounting. She is a graduate of the American Bankers Association National Graduate School of Compliance Management, an honors graduate of Schools of Banking Compliance School, and a graduate of Schools of Banking Advanced School of Banking. Deb’s considerable knowledge and experience make her a valuable member of the Banker’s Compliance Consulting Team. Deb is a Certified Regulatory Compliance Manager (CRCM) and a Certified Anti Money-Laundering Specialist (CAMS).
Deb loves to spend her free time cycling, running, kayaking and weight lifting with her husband. Between them, they have three adult children and six grandchildren. Other interests include anything outdoors and anything she hasn’t done or seen yet!