Well, that is the question a board member posed to me. Do we get CRA credit for these loans? I will re-phrase the question. Can we count the portion of the mortgages that are in low-mod census tracts as community development loans?
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One thing change will bring is something new.
No unless lent them the monies for a program to do loans in LMI tracts to LMI people. You would only then get credit or your loan to the mortgage company not each individual loan they do.
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Bubs-
"truth does not occur in the database" - Actual search result on a goverment website