QuestSoft hosted our largest webinar ever in early January 2019. The purpose of this webinar was to update lenders on the latest HMDA changes, discuss what you need to know for your 2018 HMDA submission due March 1, 2019, and show you what QuestSoft is doing to help
This HMDA season, lenders will report under the “new” HMDA rule for the first time. The CFPB has provided additional clarification and guidance throughout 2018 – most recently to address changes resulting from the S.2155 partial exemption. However, there are still unanswered questions and ambiguity surrounding what to report for specific data points/fields – not to mention the risk of an as to yet untested submission platform. Everyone has questions and concerns . . . QuestSoft has answers and solutions.
This webinar will provide you with the most current information and answers to questions to help guide you through the submission process. We will provide updates on:
- CFPB (a.k.a. BCFP) readiness to accept submissions
- Tips & Tricks for verifying an accurate submission
- Known issues, questions, or concerns
- Status of LOS implementations for the new process
- S.2155 Partial Exemption functionality
- and more!
- Presentation Slides [PDF]
- Webinar Recording [streaming]
- Q & A [PDF]
If you have any questions about the products or services mentioned in the webinar,
please contact us at (800) 575-4632 option 1, or request more information.
Fill out the form below to gain access to the webinar recording and download materials!
Vice President, Compliance, QuestSoft Corporation
Loretta is a regulatory compliance and risk management executive with over thirty years of experience in the financial services industry. Her most significant area of focus is fair and responsible lending risk management, including compliance management system and program development, qualitative and quantitative risk assessments, data quality management, process mapping, and staff training.
President, QuestSoft Corporation
Leonard has been associated with the mortgage industry for over 30 years, and is the founder of QuestSoft. He is a member of both MBA HMDA and NMLS Mortgage Call Report working groups, and is nationally recognized as a HMDA expert in automated compliance systems and methodology.