Is your institution currently exempt from HMDA reporting because you make less than twenty-five closed-end dwelling secured loans? Are Home Equity Lines of Credit a niche for your institution? Under the 2018 HMDA rules you may be required to report HELOCs in 2018! If you originated 100 or more HELOCs in 2016 AND 2017 (and you also meet the Asset and MSA tests), you will need to start reporting them in 2018!
If this is news to you, join us on June 1, 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!