We have a new person responsible for our HMDA data and we are not sure how one of our Purchasers should be coded - whether they are a commercial bank or mortgage bank. Where can we find definitions for each of these? Could we refer to our contract with this bank and perhaps find exact definitions there?

And old thread but still the way to go to determine purchaser codes.

I have researched Lenderlive Network Inc. 4320564 and am thinking this is a 7. Am I right in thinking that since it is a Domestic Entity Other?