It's been a long morning already and I guess I'm not thinking straight, but I need help with determining whether or not a loan should be reported once or twice.

scenerio:
Bank A is doing the underwriting for Bank B. Customer decides to withdraw prior to credit decission is made in May. Bank B continues discussions with customer. Bank B makes loan to customer in August making their own credit decission this time.

Do both Bank A and Bank B report both loans?

Does it make any difference that Bank B is a branch of Bank A?

Please help unconfuse me! Thanks!

Assuming the same application was used for the entire process, I'ld report the final action taken - loan originated.

If Bank B is a branch of Bank A, then there is only one LAR. If they are affiliate banks, and have separate LAR's, it should be reported on Bank B's LAR.

IMO Bank A reports a withdrawn application. Since Bank A received an application on which it was going to make a credit decision, Bank A has to report it. Bank B would report an origination.

Also, how can you have a bank that is a branch of another bank? Either they are the same bank or they're not.