Description:
HMDA data tells a story about your institution’s lending practices—but only if that data is accurate, complete, and properly analyzed. Inaccurate reporting, weak internal controls, and ineffective monitoring can create unnecessary examination challenges and leave potential fair lending risks undetected.
This session provides a practical roadmap for developing, strengthening, and maintaining an effective Home Mortgage Disclosure Act (HMDA) compliance program. Explore the essential components of a strong program, from board and management oversight to data collection, validation, transaction testing, and ongoing monitoring. Learn how to identify reporting weaknesses, correct errors, and use HMDA data to support meaningful fair lending analysis.
Whether you are building a new program or refining existing processes, you will gain actionable strategies to improve data integrity, strengthen internal controls, and prepare your institution for regulatory scrutiny.
WHAT YOU WILL LEARN
- Build a Strong HMDA Compliance Framework: Evaluate the core elements of an effective program, including governance, policies and procedures, training, monitoring, and management reporting.
- Strengthen Data Integrity and Accuracy: Identify common data collection and reporting weaknesses and implement practical controls to improve accuracy and completeness.
- Enhance Transaction Testing and Quality Control: Use targeted testing to uncover errors, evaluate control effectiveness, and identify opportunities for process improvement.
- Understand Regulatory Expectations: Explore how regulators evaluate HMDA data quality, assess reporting errors, and determine whether corrective action is warranted.
- Correct Errors and Reduce Compliance Risk: Develop effective approaches to error correction, root-cause analysis, remediation, and ongoing prevention.
- Turn HMDA Data into Actionable Insights: Analyze lending patterns to identify potential fair lending concerns and better understand what your institution’s data reveals about its lending activities.
- Improve Examination Readiness: Strengthen documentation, oversight, and reporting practices to help reduce avoidable examination delays and compliance findings.
WHO SHOULD ATTEND?
This session is ideal for compliance officers, HMDA data preparers and reviewers, internal auditors, fair lending professionals, loan operations personnel, and mortgage lending staff. It is also valuable for marketing and sales personnel, risk management teams, senior management, and board members responsible for understanding or overseeing HMDA compliance and fair lending risk.
Presenters:
Kimberly Boatwright, CRCM, CAMS, FLE
Kimberly Boatwright is EVP and Director of Risk and Compliance at Compliance Resource, LLC and has more than a two decades of experience working in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC and consumer compliance. During her career she has worked for and consulted with all types of financial institutions helping to establish and evolve compliance and risk programs. She is a frequent public speaker, trainer, and author on compliance and risk management topics. Kimberly is a Certified Regulatory Compliance Manager and a Certified Anti-Money Laundering Specialist.
January 26, 2027