HMDA is one of those regulatory requirements that doesn’t leave much room for error. So, when it comes time to submit your HMDA data each year, you want to be sure it’s as accurate as possible. There are several data fields that are notorious for errors, a few of those include Age, Income, and Rate Spread.
David explains more about each of these in the video.
Ready to learn more? JOIN US for our webinar, “HMDA: Are You Ready to Submit Your 2021 Data?”. Featured topics include:
- A New Year & New Data
- Are You Reporting Everything That Is Reportable and Nothing More?
- The Filing Instructions Guide (FIG) vs. Your Data
- Tricky Areas Within the Data Fields
- NA Code vs. Blank vs. 0 vs. Small Filers – We Have a Tool for You!
- Rate Spreads & the CFPB Calculator Issues
- Clearing Validity Errors
- Action Taken Codes: Approved vs. Denied vs. Withdrawn
- Counteroffer Confusion & Much More!
One Registration Gets Your Whole Team Trained!
David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.
He is an expert in compliance regulations. He is also a motivational speaker and innovative educator. His quick wit and sense of humor transforms the usually tiring topic of compliance into an enjoyable educational experience. David is on the faculty of the American Bankers Association National Compliance Schools and has served on the faculty of the Center for Financial Training for many years. He also is a frequent speaker at the ABA’s Regulatory Compliance Conference. He is also a trainer for hundreds of webinars, is a Certified Regulatory Compliance Manager (CRCM) and has been a BankersOnline Guru for many years. The American Bankers Association honored David with their Distinguished Service Award in 2016.
David and his wife Karen have three adult children, four grandchildren (none of whom live at home!) and two cats (of which Dave is allergic … the cats, not the children!). They recently moved to an acreage outside of Lincoln, Nebraska where he gets to play with his tractor. When possible David can be found fishing, making sawdust in his shop, or playing the guitar and piano. He also enjoys leading worship at his church.