Skip to content
BOL Conferences
Learn More - Click Here!

Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums Need to Remain Anonymous HOEPA?HMDA?HPML?
New Reply Thread Options
#1164074 - 04/15/09 07:08 PM HOEPA?HMDA?HPML?
Anonymous
Unregistered

Starting in October, do we still report HOEPA loans, HPML spreads AND HMDA spreads on the LAR?

Thanx - a bit confused

Return to Top Reply Quote Quick Reply Quick Quote
#1164317 - 04/16/09 12:32 PM Re: HOEPA?HMDA?HPML? Anonymous
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
You will report whether a loan is a HOEPA loan and you will report the HPML (or APR) spread on the LAR. The TIL (HPML) rate spread replaces the HMDA rate spread beginning 10/1/09. IOW, there will only be 1 rate spread on the LAR.
_________________________
David Dickinson
http://www.bankerscompliance.com

Return to Top Reply Quote Quick Reply Quick Quote
#1164466 - 04/16/09 02:23 PM Re: HOEPA?HMDA?HPML? David Dickinson
Ninky Offline
Gold Star
Ninky
Joined: Nov 2002
Posts: 357
Thank you for your clarity. Greatly appreciated.

Return to Top Reply Quote Quick Reply Quick Quote
Quick Reply:
HTML is disabled
UBBCode is enabled




Moderator:  MagicCity, P*Q, Truffle Royale