Metro 2® Format

Advanced Workshops

ADVANCED METRO 2® FORMAT WORKSHOPS
Oct. 19, 20, 21, 2021

Nov. 16, 17, 18, 2021

Registration Rate: $975 per person

Upon registration, registrants will receive a coupon code for $170 off
the 2021 Credit Reporting Resource Guide® (CRRG®)!

CDIA is excited to share the 2021 dates for our Advanced Metro 2® Format Workshops, which will be offered this year as a virtual event over three half-days from 12:30 – 4:15 pm ET each day. The Metro 2® Advanced Workshops are best for individuals who are familiar with the individual fields in Metro 2® but wish to continue your learning & stay current with industry guidelines.

Newly Revised! Throughout this live interactive webinar series, the Metro 2®  Task Force, comprised of representatives from Equifax, Experian, Innovis and TransUnion, will guide you through key Metro 2® reporting requirements.

Registration Fee: $975
The Registration Fee includes access to all Virtual Advanced Metro 2® Workshop materials, including electronic access to the 2021 CRRG®, networking Closing Reception, and access to CDIA’s webinars on Accounts included in Bankruptcy Chapter 7 and Accounts Included in Bankruptcy Chapter 13. In addition, all registrants will receive the webinar series’ recordings for 30-days post the event to review any content they missed.

Oct. 19, 20, 21, 2021
$975 per individual

Register Today
Nov 16, 17, 18, 2021
$975 per individual

Register Today

Joins us for the Closing Reception!

September’s Metro 2® Advanced Workshop will feature a virtual Wine Tasting. Each registrant will be able to network while learning from a wine sommelier. Complimentary Giveaways include 2 Bottles of Wine OR a complementary desert

October’s  Metro 2® Advanced Workshop will feature a virtual Craft Beer Tasting. Calling all Beer Lovers!   A professional cicerones will walk you through the joy of hops, barley and more. Each registrant will be able to network while learning from a craft beer expert. Complimentary Giveaways include a craft beer tasting kit.

November’s Metro 2® Advanced Workshop will feature a virtual Cocktail Party! Calling all Beer Lovers!  Whether it’s a simple drink or multi-layered libation, a professional mixologist will teach us how to make all your favorite drinks. Each registrant will receive a special one of a kind glassware for you to mix your favorite cocktail at home!

AGENDA AT A GLANCE

Day 1

Welcome & Opening Remarks

Day 1

Date of First Delinquency/ Payment Status/ Payment History Profile

In this session, we will discuss the standards surrounding the important fields of Date of First Delinquency, Payment Status and Payment History Profile.  The group will complete scenarios that will provide valid illustrations of how these key fields work in harmony.

Day 1

Bankruptcy Chapter 7

Following completion of the bankruptcy Chapter 7 webinar as part of your required pre-work, in this session, we will discuss the simplified guidelines for reporting an account included in bankruptcy Chapter 7.  In addition to an open discussion, you will complete two scenarios:

  • A bankruptcy Chapter 7 filing with all filers, followed by the debt being reaffirmed, then the reaffirmation being rescinded, resulting in a discharge by the court.

•   A bankruptcy Chapter 7 filing, with a non-filing associated consumer, followed by the months between the bankruptcy filing and resolution, resulting in a dismissal by the court.

Day 1

Bankruptcy Chapter 13

Following completion of the bankruptcy Chapter 13 webinar as part of your required pre-work, in this session, we will discuss the simplified guidelines for reporting an account included in bankruptcy Chapter 13 for both a Filer and Non-Filer.  In addition to an open discussion, you will complete a scenario representing the life cycle of the bankruptcy from petition through resolution and beyond.

Day 2

Transferred Accounts

This session will discuss the best practices for reporting accounts that are transferred internally or to a servicer.  Specific focus will detail the two options available to accurately report transferred accounts to the credit reporting agencies.

Day 2

Sold Accounts

In this session, we will review the guidelines for how to report accounts that have been sold to another company.  You will complete a scenario to report an account as sold using a Special Comment Code.

Day 2

Logical Data Field Relationships

In this session, we will highlight areas within the CRRG® that focus on complex logical combinations of multiple fields, as this impacts accuracy and integrity. You will demonstrate your understanding of logical combinations by identifying and correcting illogical values in provided scenarios.

Day 2

Forbearance and Deferment Reporting Best Practices

In this NEW session, we will discuss the standards surrounding reporting accounts in forbearance and/or those that are deferred.  In addition to completing a scenario that will provide further illustration of an account entering and exiting a forbearance, there will be an open discussion focusing on each represented industry’s understanding and point of view.

Day 3

Reporting Highlights, including breakout groups by industry type

In this general session we will discuss topics covering various elements across the reporting landscape, followed by industry breakout discussions.

Among others, topics include: 1)Account Status 05 (transferred) retirement date, 2)Credit reporting suppression, 3)Portfolio types, 4)Accuracy/Completeness of data, and 5)Charge-Off

Industry Breakout Discussions include: 1)Mortgage/Banking, 2)Credit Card/Retail, 3)Auto Lending & Lease/ Finance, 4)Other/Software Vendor/Processor. For more information on the industry breakout groups*, please click here.

*Please ensure to choose your appropriate industry type at registration.

Day 3

Compliance Condition Codes

This session will review the best practices for reporting direct consumer disputes using the Compliance Condition Code field.

Compliance Condition Codes are reported to reflect accounts closed at consumer’s request and direct consumer disputes under the FCRA, FCBA, and FDCPA.

Day 3

Optional Session A: Repossession & Voluntary Surrender

This session will focus on FAQ 62 and FAQ 63 which will include separate scenarios for repossession and voluntary surrender reporting. We will discuss key fields that are essential for accurately reporting accounts when the consumer is responsible for paying the remaining balance after the sale under a new payment plan or is no longer liable to pay based on the sale.

Compliance Condition Codes are reported to reflect accounts closed at consumer’s request and direct consumer disputes under the FCRA, FCBA, and FDCPA.

Day 3

Optional Session B: Mortgage Reporting FAQs

During this interactive session, we will discuss various mortgage related definitions and associated reporting.  The discussions will focus on Partial Payment Agreements, Loan Modifications, and Loan Assumptions along with a general discussion of related topics. Scenarios include:

  • Reuse loan assumption
  • Create Partial Payment Amount or Loan Modifications

Compliance Condition Codes are reported to reflect accounts closed at consumer’s request and direct consumer disputes under the FCRA, FCBA, and FDCPA.

Day 3

Closing Reception

September’s Advanced Workshop will feature a virtual Wine Tasting. Each registrant will be able to network while learning from a wine sommelier. Complimentary Giveaways include 2 Bottles of Wine OR a complementary desert

October’s  Advanced Workshop will feature a virtual Craft Beer Tasting. Calling all Beer Lovers!   A professional cicerones will walk you through the joy of hops, barley and more. Each registrant will be able to network while learning from a craft beer expert. Complimentary Giveaways include a craft beer tasting kit.

November’s  Advanced Workshop will feature a virtual Cocktail Party. Calling all Beer Lovers!  Whether it’s a simple drink or multi-layered libation, a professional mixologist will teach us how to make all your favorite drinks. Each registrant will receive a special one of a kind glassware for you to mix your favorite cocktail at home!

WHO ATTENDS

This workshop is for individuals who are familiar with the individual fields in Metro 2® but wish to continue your learning & stay current with industry guidelines. View Metro 2® Access Policy

HELPFUL TIPS

Please note: If you are a first-time user of the CDIA website you will need to set up an account first before registering for the event. This process is free and takes less than two minutes. If you have a CDIA Online Account but do not remember your login credentials, you can use the password recovery feature to retrieve this information by clicking here.

  • You must be logged in to your CDIA account first, before completing the registration process.
    • Each attendee must register individually
    • Please ensure your email address is used for the registration in order to receive all follow-up information.
    • Payment by credit card is due at time of registration (if you need to be invoiced, please contact cdia_training@cdiaonline.org