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#1800001 - 04/01/13 03:36 PM MSA's-Principal City
Cale_N_Oats Offline
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Cale_N_Oats
Joined: Aug 2008
Posts: 742
Southern Illinois
The county we operate out of has recently been declared an MSA by the federal governement but when I looked up the data we werent even listed as a principal city. My question then is would HMDA apply to us if we arent designated as a principal city within an MSA? So confused.
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#1800069 - 04/01/13 05:37 PM Re: MSA's-Principal City Cale_N_Oats
Pale Rider Offline
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Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
All cities within the county designated as part or the whole of an MSA are considered to be in the MSA.
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#1800074 - 04/01/13 05:43 PM Re: MSA's-Principal City Cale_N_Oats
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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Correct. Even town, village and hamlet within the MSA is in the MSA. Note that those changes are not going into the effect for CRA and HMDA until 2014.
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#1801871 - 04/05/13 03:07 PM Re: MSA's-Principal City Cale_N_Oats
Cale_N_Oats Offline
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Cale_N_Oats
Joined: Aug 2008
Posts: 742
Southern Illinois
Blimey! Thanks for your help. So, if it is effective January 2014 does that mean the first time we report is March of 2015?
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