We have a commercial loan that is secured by a motel and an onsite single-family residence that is used by the person running the hotel. It is being refinanced and was previously secured by the same collateral. I just want to confirm that this is HMDA reportable since there is a single-family residence included as collateral; and that it is CRA reportable as well since it is a "loan secured by other nonfarm nonresidential properties" due to the motel?
Thanks in advance for your help!
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