2018 HMDA Hokey Pokey

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!

Published
2017/10/11
Deb Irving

David Dickinson

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.

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