Edcomm Banker's Academy Launches HMDA Training Program for Individuals

Edcomm Banker’s Academy has recently launched its Home Mortgage Disclosure Act (HMDA) training program for individuals.
By: Dr. Linda Eagle
 
May 2, 2011 - PRLog -- New York, NY, Edcomm Banker’s Academy has recently launched its Home Mortgage Disclosure Act (HMDA) training program for individuals looking to begin or advance their career in the financial services industry. The same great program that has been used by thousands of bank professionals, Focus on the Home Mortgage Disclosure Act (HMDA) provides individuals the knowledge, skills and certification needed to reduce the risk to themselves, their customers and their bank.

Regulation C administers the HMDA and was designed to require banks to report data on certain mortgages and other types of non-mortgage loans. Lenders at every financial institution around the world must follow the laws, regulations, policies and procedures that govern the industry. When banks are found non-compliant with the HMDA, they may face significant penalties, including large fines and closure. When bank employees are found non-compliant, they may be banned from the banking industry.

Focus on the Home Mortgage Disclosure Act (HMDA), from Edcomm Banker’s Academy, is an interactive self-paced training program that teaches individuals about the laws and regulations governing mortgage lending. The program teaches students about the provisions of the HMDA that they need to know to work at a bank and is continuously updated to reflect industry changes to help you stay up-to-date and knowledgeable. Upon completion of Focus on the Home Mortgage Disclosure Act (HMDA), students will receive a Banker's Academy Compliance Certification (BACC) to help advance their career in today's industry.

For more information about The Edcomm Group Banker’s Academy’s training programs for individuals, log onto www.jobtraining.bankersacademy.com or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 23-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, online bank training and classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Dr. Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001
Tel: +212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com
End
Source:Dr. Linda Eagle
Email:***@edcomm.com Email Verified
Tags:Hmda, Compliance, Systems Training, Teller Training, Money Services Businesses
Industry:Education
Location:United States
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