1) We did a loan to purchase a house which the buyers remodeled into a adult foster care home. Is this HMDA reportable?

2) Borrower renewed a construction loan and put it into permanent financing. We used a renewal note but gave it a new loan #. No new mortgage or modification was filed at the county. We referred to original mortgage for collateral. He sold the property on a contract for deed on the same day as he renewed it. Is this HMDA reportable?

1. Is the adult foster care home a transitory residence (like a nursing home or hotel?) Or is it the permanent home of the residents? If transitory, the loan isn't reportable.

2. Assuming the renewal note isn't a modification agreement, this is reportable.