Home Mortgage Disclosure Act: Practical Application

This Home Mortgage Disclosure Act online training course discusses the Home Mortgage Disclosure Act of 1975 including the amendments finalized in 2015, effective for January 1, 2018.  The course provides learners with an overview of the entire Home Mortgage Disclosure Act with an in-depth look at loan application applicability and applicant information collection. The course is intended for lenders and other staff who are involved in the loan application process. 

Course Learning Objectives

By taking this online Home Mortgage Disclosure Act course, the user will learn to:

• State the purpose of HMDA
• Identify the transactions that are HMDA applicable
• Identify the modified and new data collection points
• Recognize what applicant information to collect and when

Course Outline

This online Home Mortgage Disclosure Act course is made up of the following sections:

1. Introduction
2. Purpose
3. General Requirements
4. Definitions
5. Transactional Coverage
6. Reporting Timelines
7. Data Collection

Course Audience

This Home Mortgage Disclosure Act online training course was designed for lenders and other staff who are involved in the loan application process.

If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.