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#163878 - 02/25/04 05:16 PM HMDA reportable?
Some Days You Just Can't Win Offline
Gold Star
Some Days You Just Can't Win
Joined: Feb 2002
Posts: 461
Mississippi River Valley
Loan is for refinancing two vehicles.

One vehicle was dwellling secured, the other was not. The new note is going to be dwelling secured. Half of this loan fits the refinance HMDA definition but the other does not.

Would you HMDA report this new loan?

If yes, would you HMDA the full new loan amount?

Thanks for your opinions.
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#163879 - 02/25/04 05:32 PM Re: HMDA reportable?
starfish Offline
Gold Star
starfish
Joined: Jun 2003
Posts: 416
Seattle
Yes, I would report this as HMDA for the full amount.

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