CRA credit for nonprofit loans
11/10/2019
Are loans to not for profits included in small business or small farm lending?
You can reach Kathleen via email at kblanchard@keycomplianceservices.com,
11/10/2019
Are loans to not for profits included in small business or small farm lending?
11/03/2019
What open-end lines are counted for the HELOC threshold?
11/03/2019
Should a bank review its loan data prior to an audit or examination or simply pull the data and provide it to the auditors or examiners?
11/03/2019
What do we report for property value and loan to value if two properties secure the loan, but one was taken in an abundance of caution (AOC) and treated as AOC for the appraisal requirements?
10/27/2019
Is there a difference in reporting the total units for two single family homes vs a duplex where both units secure the loan but are contained in the same “property”? Sometimes the duplex will have separate deeds for the units, other times it is on one deed if there is one owner.
10/27/2019
What time periods are reviewed to determine if a financial institution is a HMDA reporter for the coming year?
10/27/2019
A small business loan was originated last year for 12 months and the maturity was extended this year for another 12 months by modifying the note with a new maturity date. Is this modification included in our small business loan data?
10/20/2019
What do we report for Loan Amount if an application is taken, under our financial institution’s definition of HMDA Application which does not include a loan amount, and the applicant withdraws or the lender denies before we have a loan amount?
10/13/2019
Can an application be reinstated once final action has been taken?
10/06/2019
What income is reported when the income relied upon has been adjusted and is not the applicant’s “gross annual income”?