Firstline Compliance, LLC

Register today for this NAMMBA webinar featuring our own Joshua Weinberg to learn how speaking your borrowers’ language (literally) can unlock new business opportunities without adding risk: https://lnkd.in/e_wdViBe

Filing accurate HMDA data is a critical compliance requirement and focus point for regulators to evaluate a lenders compliance management system. Submitting an error-free Loan Application Register (LAR) can be a challenge without the right process in place. At Firstline Compliance, we’ve already helped two clients successfully submit accurate LARs, ensuring they were consistent with the source data and source documentation. The key? Starting early. Reviewing and preparing your LAR catches errors and allows them to be corrected before submission. Don’t wait until the last minute—accuracy takes time. Need guidance? We’re here to help. Reach out to Joshua Weinberg today.

Your 2024 HMDA data is required to be submitted by March 2, 2025 – have you started your review process yet? Firstline Compliance can help. Last month, we had some of the top HMDA experts in the industry join us for a webinar to share their tools and tips to boost your confidence in filing accurately. Whether you’re in the middle of your review process or haven’t yet begun, check out the recording to learn best practices for scrubbing and preparing the LAR for filing, why (and how) you should be double-checking addresses, key considerations for staying compliant and avoiding common errors, and more: https://lnkd.in/ghkANqKW

Do you have confidence that your HMDA filing process will deliver accurate data? Earlier this week, we gathered the top HMDA experts in the industry – Melissa Kozicki, CMB, CMCP, Kathleen Blanchard, and our own Joshua Weinberg – for an informative webinar on common pitfalls and best practices for ensuring your data is accurate and compliant. If you missed it live, we posted the recording so you don’t miss out on all the incredible insight our team shared. Watch it here: https://lnkd.in/ghkANqKW #HMDA

A big Thank You to Rob Chrisman, and the Chrisman Commentary for featuring our free webinar on HMDA, live tomorrow. Please join us! The HMDA filing deadline is approaching. Join Firstline Compliance on Tuesday, December 17 for an informative webinar on how to avoid costly mistakes and streamline your HMDA filing process. Industry experts Kathleen Blanchard and Melissa Kozicki, CMB, CMCP will join Firstline’s Joshua Weinberg in an interactive session that will equip you with the tools and tips to boost your confidence in filing accurately. Register here -https://lnkd.in/git9wKSN.

The HMDA filing deadline is coming up – are you ready? Join us on Tuesday, December 17 for an informative webinar on how to avoid costly mistakes and streamline your HMDA filing process. Industry experts Kathleen Blanchard and Melissa Kozicki, CMB, CMCP will join our own Joshua Weinberg in an interactive session that will equip you with the tools and tips to boost your confidence in filing accurately. Register here: https://lnkd.in/g5dtsmJz

Firstline Compliance is honored to share that our president Joshua Weinberg has been named as the 2025 Residential Policy Committee Chair of the State Legislative and Regulatory Committee and member of the Mortgage Bankers Association’s Residential Board of Governors (RESBOG). RESBOG is the governing body for MBA's single-family residential members, responsible for establishing legislative and regulatory policies and positions on residential lending issues. In his role, Josh will ensure critical state issues like AI, Insurance, Data Privacy, and continuing to expand Remote Work are included in RESBOG’s visibility, priorities, and governance. Thank you to the MBA for their leadership and for entrusting Josh to such an impactful role in our industry. We look forward to a productive 2025! https://lnkd.in/g3t_YVdh

If you’re not reviewing your HMDA data, you’re the only one! Not only are regulators using HMDA data to measure fair lending compliance, but investors, competitors, and vendors are also using your data for due diligence and contract negotiations – so inaccurate data can be costly. With a HMDA data review by Firstline Compliance, our team dives deep into your loan-level information, leveraging our experience to uncover issues others might miss. We go deeper because we know what to look for. With the 3/1 data submission deadline just around the corner, contact Joshua Weinberg now to schedule your review in January. Stay ahead, mitigate risks, and ensure your HMDA data works for you.

Lenders got 25 million problems and CFPB’s the one! In just the previous six months, CFPB has imposed over $25 million in penalties for #HMDA violations. They told us, “We expect lenders to meet their responsibilities, and these enforcement actions are proof that we will hold companies accountable when they don’t. We will continue to focus on this issue in supervisory examinations of mortgage companies, and we will take action where we do find non-compliance.” I feel bad for you, son! ? Proactive compliance beats reactive every time, and costs much less. If you’re not sure if your HMDA house is in order, let Firstline Compliance, LLC help make sure you’re prepared before the examiners come knocking. We know where to look and how to fix the problems. Filing season will be here before you know it, so contact Joshua Weinberg to get your HMDA review scheduled. Hit me!

A huge thank you to NAMB - National Association of Mortgage Brokers for hosting a tremendous National Conference last week! We had so much fun and loved reconnecting with old friends and making new ones. At this year’s conference, ?????????????????? ???????????????????? ?????? ?????????? ???? ???????? ???????? ?????????? ???????????? ???? ????????’?? ???????? ???????????????????? ?????????????? ???? ?????? ????????. We are humbled by the recognition and know it is a testament to the team of extraordinary people working with us. Thank you to our clients and everyone else who selected us for this award! If we didn’t get a chance to meet you at the conference, we’d love the opportunity to show you how proactive mortgage compliance services can transform your business. Reach out to Joshua Weinberg and let us share how the team at Firstline Compliance can deliver on your operational risk and compliance needs.