You spoke, we listened! This new session at the 2022 Metro 2® Advanced Workshop will highlight the NEW FAQ 43, which describes the reporting guidelines for accounts in a Payment Holiday/Skip-a-Pay, deferred accounts, and accounts in forbearance. The FAQ also provides suggested guidance for developing business policies and procedures for these types of temporary plans and how they need to fit within key Metro 2® reporting standards.
This is just one of the important sessions at the upcoming Metro 2® Advanced Workshops offered virtually this fall. Throughout this live interactive workshop, the Metro 2® Task Force, comprised of representatives from Equifax, Experian, Innovis and TransUnion will guide you through key Metro 2® reporting requirements including:
- Date of First Delinquency/Payment Status/Payment History Profile
- Accounts Included in Bankruptcy Chapter 7
- Accounts Included in Bankruptcy Chapter 13
- Transferred Accounts
- Sold Accounts
- Logical Field Relationships
- Compliance Condition Codes
- Industry Reporting Highlights
The Metro 2® Advanced Workshops are best for individuals who are familiar with the individual fields in Metro 2® but wish to continue their learning & stay current with industry guidelines. If you are new to the Metro 2® reporting and looking to learn more about the fundamentals, you can now purchase our coveted Metro 2® Format Fundamentals Live Webinar Series on-demand! Learn more on the CDIA website.