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#2119789 - 02/28/17 04:39 PM New data collection form??
Catm1991 Offline
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Joined: Jul 2014
Posts: 194
MO
Where will we find the new HMDA data collection form?

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#2119819 - 02/28/17 05:53 PM Re: New data collection form?? Catm1991
Darth HMDA, CRCM, CAMS Offline
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Darth HMDA, CRCM, CAMS
Joined: Dec 2013
Posts: 1,385
CA
Form? Do you mean the Demographic Info. Addendum?
_________________________
The opinions expressed are mine, do not represent the opinions of my employer, and they are not to be taken as legal advice.

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#2119827 - 02/28/17 06:04 PM Re: New data collection form?? Catm1991
Catm1991 Offline
100 Club
Joined: Jul 2014
Posts: 194
MO
No, the HMDA data reporting sheet.
HMDA Reporting
(Home Mortgage Disclosure Act)

Loan Officer:
Branch:

Applicant Name: ¬¬¬¬¬¬¬¬________________________________________________


Property Address: ¬¬¬¬¬¬¬¬____________________________________________
(No PO Boxes)

City/State/Zip: ¬¬¬¬¬¬¬¬________________________________________________

County:

Loan Number:
Date Application Received:
Covered loan applications: Include primary and secondary residences, rentals, mobile homes (w/or wo/land) single or multi-unit structures.
Home Purchase (Must be secured by a dwelling)
Home Improvement (May be secured or unsecured)
Refinance of Home Purchase or Home Improvement (Must be secured by a dwelling.) 
If the purpose of this loan is not to purchase, improve or refinance a purchase or improvement loan, but is for something else such as to buy a car or consolidate credit card debt, do not report it even though it is secured by a dwelling!!!
  (See HMDA Criteria for refinances.)
Excluded loan applications: If any of these questions are marked “yes”, this application is not HMDA reportable. Please stop here, and place this form in the loan (or denied) file for compliance purposes.
Yes No
  Is this an application for a Home Equity Line of Credit?
  Is this an application for a purchase of raw or vacant land?
  Is this an application for a construction, temporary financing or bridge loan? (Const/Perm loans are reportable when they go to Perm)
  Is this application for less than $500?
  Is this application for pre-qualification purposes only?
  Is this an application primarily for business/agricultural purposes? (See HMDA Criteria for refinances.)
TYPE
X (1) Conventional
 (2) FHA Insured
 (3) VA Guaranteed
 (4) RD Insured Property Location

MA __________________________ State ________________________

County ________________________ Census Tract:__________________
(Taken from FZD Census Information or from the geocode mapping system at http://www.ffiec.gov/geocode/default.htm)

Property Type
 (1) 1-4 Family (other than manufactured housing)
 (2) Manufactured Housing
 (3) Multi-Family (5+ units)

PURPOSE
 (1) Home Purchase (1-4 Family Unit)
 (2) Home Improvement (1-4 Family Unit)
 (3) Refinance (1-4 Family Unit)
Ethnicity

Applicant/Co-Applicant
  (1) Hispanic or Latino
  (2) Not Hispanic or Latino
  (3) Information not provided by applicant in mail, Internet or telephone application.
  (4) Not Applicable – Business Entities (see App. A, I.D.)
  (5) No-Co Applicant
Occupancy

 (1) Owner Occupied (as a principal dwelling)
 (2) Not owner-occupied (2nd homes & rentals)
 (3) Not Applicable (multi family 5+ units)

Loan Amount Applied for or granted

________________________
Round to nearest 1,000 (500 rounds up!!)


Pre-approval (home purchases only)
 (1) Pre-approval was requested
 (2) Pre-approval was not requested
X (3) Not Applicable

Race or National Origin
Applicant/Co-Applicant
  (1) American Indian/Alaskan Native
  (2) Asian
  (3) Black or African American
  (4) Native Hawaiian or Other Pacific Islander
  (5) White
  (6) Info not provided (mail, Internet or telephone application)
  (7) Not Applicable – Business Entities (see App. A, I.D.)
  (8) No Co-Applicant

Sex
Applicant/Co-Applicant
  (1) Male
  (2) Female
  (3) Not provided (mail or telephone application only)
  (4) Not Applicable (business entities)
  (5) No Co-Applicant

Action Taken
 (1) Loan Originated
 (2) Application approved but not accepted
 (3) Application denied
 (4) Application withdrawn by applicant
 (5) File closed for incompleteness
 (6) Loan purchased by bank

Date Action Taken : ___________

Annual Gross Income Amount relied on for the credit decision

___________ Round to nearest 1,000 (500 rounds up!!) (For Employees put Emp/NA also enter NA for Multi-family dwellings.) (Non-Taxable income must be grossed up.)

Type of Purchaser of Loan
X (0) Loan declined or not sold on the secondary market
 (3) FHLMC

APR: ________________ Rate Spread ___________________
Attach print out from: http://www.ffiec.gov/ratespread/default.aspx

HOEPA Status (To be reported effective 01/01/04.)
 (1) HOEPA Loan
 (2) Not a HOEPA Loan

Lien Status
 (1) Secured by a first lien
 (2) Secured by a subordinate lien
 (3) Not secured by a lien
 (4) Not applicable (purchased loans)

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#2119833 - 02/28/17 06:11 PM Re: New data collection form?? Catm1991
hmdagal Offline
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hmdagal
Joined: Dec 2002
Posts: 3,816
This appears to be an internal form.

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#2119847 - 02/28/17 06:59 PM Re: New data collection form?? Catm1991
Darth HMDA, CRCM, CAMS Offline
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Darth HMDA, CRCM, CAMS
Joined: Dec 2013
Posts: 1,385
CA
Agreed - There is not a Data Collection form provided by the CFPB for the new rule (to the best of my knowledge). Some consulting groups may provide forms closer to implementation.
_________________________
The opinions expressed are mine, do not represent the opinions of my employer, and they are not to be taken as legal advice.

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#2119858 - 02/28/17 07:39 PM Re: New data collection form?? Catm1991
Ree Offline
Member
Joined: Mar 2016
Posts: 56
I think you can find what you are looking for from the 2018 Filing instructions guide on the CFPB's site. Starting on page 13. Hope that helps.

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#2119873 - 02/28/17 08:27 PM Re: New data collection form?? Catm1991
David Dickinson Offline
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David Dickinson
Joined: Nov 2000
Posts: 18,762
Central City, NE
I also agree with hmdagal. What you posted is either a vendor form or an internally developed form. We have a similar form called a "HMDA Proof Sheet". We haven't updated it for the 2018 requirements.
_________________________
David Dickinson
http://www.bankerscompliance.com

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#2120158 - 03/01/17 11:56 PM Re: New data collection form?? Catm1991
Moman Offline
Platinum Poster
Joined: Jul 2004
Posts: 505
WA
Is Catm1991 referring to the spreadsheet tool the CFPB released?

https://www.consumerfinance.gov/data-research/hmda/lar-formatting-tool

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#2120173 - 03/02/17 01:56 PM Re: New data collection form?? Catm1991
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,621
Bloomington, IN
Catm1991, the form you posted is an internally created form.

If you go to the Home Mortgage Disclosure (Regulation C) Small Entity Compliance Guide and review pages 42 through 86 you will find the necessary guidance to create your own data input sheet.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#2120275 - 03/02/17 05:51 PM Re: New data collection form?? Catm1991
Catm1991 Offline
100 Club
Joined: Jul 2014
Posts: 194
MO
Ok, thank you for all the information.

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