How do you report.... - Bankers Online

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#1281942 - 11/05/09 03:12 PM How do you report....
lindzy90 New Poster Registered: 12/03/07 Posts: 21	We have a single $65,000 refinance loan that is secured by 5 properties. 3 of these properties are in an MSA and the other 2 are not. How in the world do I report this?
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#1282041 - 11/05/09 04:05 PM Re: How do you report.... [Re: lindzy90]
Tater Member Registered: 01/10/06 Posts: 52 Loc: Missouri	Pick one and report it, preferably one of the properties in the MSA. Or you can use separate loan numbers or identifiers and report each property.
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#1282189 - 11/05/09 06:38 PM Re: How do you report.... [Re: Tater]
SoccerMomQueen Power Poster Registered: 04/09/01 Posts: 3342 Loc: Under pressure	Most banks pick one. Preferably in a tract that would receive favorable consideration at CRA exam. Is it straight refi with no new money? _________________________ A gov't big enough to give you everything you want, is strong enough to take everything you have. -Thomas Jefferson
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