Determining HMDA Codes on Incomplete GMI

Question:

A loan application is completed by an applicant and dropped off at our office, but they did not complete the government monitoring information. Would this be considered mail or face to face for determining the HMDA codes?

Answer:

I would consider this mailed. The point is that a loan officer did not receive the application in person (face to face); therefore, the GMI can remain incomplete.

First published on BankersOnline.com 6/18/07