We have a commercial loan that was originally for the purchase of a 16 unit apartment building. This year the owners sold the building and the new owner signed an assumption of our existing loan. Is this HMDA reportable or not? No new note, no new money but purpose of assumption was to purchase the building - - I can go either way. Thanks

See page D-2 in GIR, corky. If there is a written assumption agreement, it's reportable.

Thank you, I am being reviewed by someone from corporate and being questioned on why I reported it. Could for the life of me find that page in GIR and was getting frustrated. Bless you - - - I Was Right