HMDA: Action Taken Date

HMDA compliance can be a challenge. 

It takes a lot of time and training to ensure your data is accurate. 

While reporting the “action taken date” seems pretty straightforward and difficult to mess up, there are some slight nuances to this data field that you need to be aware of.

David explains more in the video.

 

Ready to learn more?  JOIN US for our webinar, “HMDA A to Z”.  Featured topics include:

  • Who Is Subject to HMDA?
  • What Applications Are Subject to HMDA?
  • What’s a Dwelling?
  • How and When to Collect Demographic Information
  • What Data is Reported and When?
  • Risk Mitigators, Controls and Tips to Help you Succeed!
  • Your Questions, Plain English Answers & Much More!

Remember, we strive to make things simple for you, and one way we do that is “one registration gets your WHOLE team trained.” 

We don’t just do training for HMDA, check out all our helpful HMDA Resources.HMDA Resources!

Published
2022/11/11
David Dickinson

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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