Financial institutions are correctly concerned about how Section 1071 implementation will impact their processes. As the application process and pre-application process become increasingly complicated to remain in compliance with both Section 1071 and HMDA, financial institutions must review their application process to determine new ways to gather necessary demographic information.
The Anders Banking and Financial Institutions team is thrilled to continue our quarterly webinar series, providing education on evolving regulations and compliance requirements that impact the functions of banks and credit unions today and in the future.
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