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This program is a re-broadcast of Monday's (2-29-16) "Hot Topic" segment about\xa0Home Mortgage Disclosure Act\xa0(HMDA) with Alice Alvey. \xa0\xa0\xa0\n\nAs most of you are aware,\xa0the\xa0Consumer Financial Protection Bureau\xa0(CFPB) finalized the\xa0Home Mortgage Disclosure Act\xa0(HMDA) rule in October 2015.\xa0 With all the focus on TRID, many are not aware that the new HMDA rule adds 25 new data points and modifies 14 others in addition to the existing 9 data fields that were already required. \xa0Additionally, lenders now\xa0must\xa0begin to start reporting data on other types of loans such as reverse mortgages and home equity lines\xa0of credit. \xa0\n\nTo help us sort out all of these changes, we have asked\xa0ALICE ALVEY, SVP of Indecomm Global Services and a regular on this program, to walk us through many of these changes and tell us what lenders are doing to prepare. \xa0\n\nCreated\xa0BY\xa0mortgage professional\xa0FOR\xa0mortgage professionals,\xa0Lykken on Lending\xa0is a weekly 60-minute radio program styled \u201cpodcast\u201d hosted by mortgage veteran, David Lykken. Joining the program each week is\xa0Joe Farr\xa0with a\xa0MARKET UPDATE,\xa0Alice Alvey\xa0providing a\xa0LEGISLATIVE UPDATE,\xa0Paul Muolo\xa0of IMFnews.com &\xa0Sam Garcia\xa0of MortgageDaily.com\xa0giving a quick\xa0MTG NEWS HEADLINES\xa0update and\xa0Andy Schell\xa0(a/k/a "The Profit Doctor") providing tips on\xa0FINANCIAL MANAGEMENT.\xa0 This is followed by the\xa0HOT TOPIC\xa0segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry. \xa0\nThis program is a re-broadcast of Monday's (2-29-16) "Hot Topic" segment about\xa0Home Mortgage Disclosure Act\xa0(HMDA) with Alice Alvey. \xa0\xa0\xa0\n\nAs most of you are aware,\xa0the\xa0Consumer Financial Protection Bureau\xa0(CFPB) finalized the\xa0Home Mortgage Disclosure Act\xa0(HMDA) rule in October 2015.\xa0 With all the focus on TRID, many are not aware that the new HMDA rule adds 25 new data points and modifies 14 others in addition to the existing 9 data fields that were already required. \xa0Additionally, lenders now\xa0must\xa0begin to start reporting data on other types of loans such as reverse mortgages and home equity lines\xa0of credit. \xa0\n\nTo help us sort out all of these changes, we have asked\xa0ALICE ALVEY, SVP of Indecomm Global Services and a regular on this program, to walk us through many of these changes and tell us what lenders are doing to prepare. \xa0\n\nCreated\xa0BY\xa0mortgage professional\xa0FOR\xa0mortgage professionals,\xa0Lykken on Lending\xa0is a weekly 60-minute radio program styled \u201cpodcast\u201d hosted by mortgage veteran, David Lykken. Joining the program each week is\xa0Joe Farr\xa0with a\xa0MARKET UPDATE,\xa0Alice Alvey\xa0providing a\xa0LEGISLATIVE UPDATE,\xa0Paul Muolo\xa0of IMFnews.com &\xa0Sam Garcia\xa0of MortgageDaily.com\xa0giving a quick\xa0MTG NEWS HEADLINES\xa0update and\xa0Andy Schell\xa0(a/k/a "The Profit Doctor") providing tips on\xa0FINANCIAL MANAGEMENT.\xa0 This is followed by the\xa0HOT TOPIC\xa0segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.