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#323964 - 03/01/05 04:31 PM HMDA Question, HMDA site not working
inquiringmind Offline
100 Club
Joined: Mar 2003
Posts: 155
Which designation for "purchaser" do we use if we sell to the Federal Home Loan Bank

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CRA
#323965 - 03/01/05 05:07 PM Re: HMDA Question, HMDA site not working
Reads Regs Offline
Diamond Poster
Joined: Nov 2004
Posts: 2,307
I would say code 9 "Other type of purchaser." See pages A-7 and A-8 of the HMDA Guide to Getting it Right http://www.ffiec.gov/hmda/pdf/2004guide.pdf
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Opinions expressed are my own and not necessarily those of my employer. They are not legal advice.

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#323966 - 03/01/05 05:53 PM Re: HMDA Question, HMDA site not working
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,395
See my answer here

For Federal Home Loan call the MPF Help Desk and they can give you the info you need to confirm they're 9/other type of purchaser.

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#323967 - 03/17/05 09:18 PM Re: HMDA Question, HMDA site not working
Tillie Offline
Gold Star
Tillie
Joined: Apr 2003
Posts: 266
That's good to know as that is how we reported for 2004.
Thanks for reinforcing my decision!

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