Skip to content
BOL Conferences Top Gun 23
Thread Options
#1341444 - 02/10/10 09:08 PM Annual submission of CRA Data
PennyLane Offline
Member
Joined: Jan 2010
Posts: 71
Orlando, FL
Forgive me I'm new and learning! This may not be an appropriate question for here, but I'm grasping at straws.

If we have optional CRA data (Home Equity etc) that we input into our CRA software, we still submit ALL the data we collected for the year not just the required reportable types such as Small Business, Small Farm and CD if we have any, correct? OR do we only submit the mandatory/required types?

Thanks for your patience!

Return to Top
CRA
#1341463 - 02/10/10 09:27 PM Re: Annual submission of CRA Data PennyLane
Kelsey D Offline
Platinum Poster
Joined: Aug 2006
Posts: 516
Ohio
You only submit small business and small farm data.
_________________________
Don't make me say, "I told you so!" Sincerely, your friendly Compliance Officer.

Return to Top
#1341486 - 02/10/10 09:43 PM Re: Annual submission of CRA Data Kelsey D
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,292
And for small business it is type 1 only that is submitted. Type 3 is held for the exam.

Submit types 1 and 2 only, as well as data on community development loans, of course.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top