Report Card: Everyone's Ready for HMDA... Right?
QuestSoft held a webinar on September 13, 2017 on the new 2018 compliance regulations and how they will affect your vendors.
With only a short amount of time left until the new CFPB HMDA regulations go into effect, it seems that every loan origination software (LOS) is touting their readiness to support the regulation’s enhanced data requirements. But it wasn’t that long ago that we heard the same assurances from vendors concerning the CFPB "Know Before You Owe" regulation, or what most of us call TRID. We know how that worked out. How prepared are vendors to address the new CFPB HMDA Requirements?
Topics for this webinar included:
- How to test your data now.
- How QuestSoft and LOS's are answering the call.
- Problem areas for vendors.
- Recommendations for improving data integrity.
- A timeline of the changes and how to be sure your vendor is ready.
- Presentation Slides [PDF]
- Presentation Notes [PDF]
- Q & A [PDF] -- available a week after the webinar
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 a demo.
Fill out the form below to gain access to the webinar recording and download materials!
Product Manager for Compliance EAGLE & Compliance VERIFY
With nearly 20 years experience in the mortgage industry, Jennifer came to QuestSoft from Mavent Inc., one of QuestSoft's strategic alliance partners. She is responsible for integrations with LOS's, documentation, product enhancements, and the occasional assist for our top-rated support team.
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.