I have two HMDA questions...

1.) If a loan is not HMDA reportable at origination (example, using the funds to purchase a car and securing it with your home) and that is refinanced...would that then be HMDA reportable? (Dwelling secured replaced by dwelling secured)

2.) If an obligation is refinanced at the beginning of 2008 and then again at the end of 2008, and is HMDA applicable, would you report BOTH refinances or just one per year?

Thanks!

1. yes, it's reportable
2. both refis are reportable

Thanks HMDAgal. I found documentation for my first question, do you know of any place I could get the second question in black and white? Not that I don't trust you! I just need some more backing, haha Thanks!

You may be thinking of CRA when you wonder about a refi the same year.

Banker Bee, you won't find anything saying you don't report the second refi, so it falls under the regular refi definition. Sorry about the double negative - I hope that makes sense.