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#396643 - 08/04/05 02:45 PM need help with the multifamily loans
Anonymous
Unregistered

With the new HMDA changes.. I say new but those that were in effect January 1, 2004... How does the examiners evaluate multifamily loans since then in the CRA exam?

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#396644 - 08/04/05 06:47 PM Re: need help with the multifamily loans
CRAatBOK Offline

Power Poster
Joined: Mar 2004
Posts: 6,172
Further South than I wanna be.
Not sure what you are asking. Purchase, refinance or improvements for a multifamily project would HMDA reportable. It could also possibly be Community Development if it happens to fit that definition.
_________________________
Life is not the way it's supposed to be. It's the way it is. The way you cope with it is what makes the difference.

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#396645 - 08/04/05 07:45 PM Re: need help with the multifamily loans
HRH Dawnie Offline
Power Poster
HRH Dawnie
Joined: Aug 2002
Posts: 7,353
Anchorage Alaska
Nothing changed in the evaluation process for multi-families. I'm with KC though...I'm not sure what you're asking
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Dawn Coursey VP/CRA Queen

CRA Rating is in...Oh who cares...I'm home with the baby.

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