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BankersOnline.com Forums Dodd-Frank Final Rules Discussions HMDA Overhaul 2018 rate spread
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#2201846 - 01/02/19 03:03 PM rate spread
newyork Offline
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Joined: Aug 2008
Posts: 452
If we are exempt from reporting rate spread and choose not to report it, do we report Exempt or NA for a non natural person loan?

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#2201850 - 01/02/19 03:14 PM Re: rate spread newyork
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,389
Galveston, TX
It is like a Monday and I am a cup or two of coffee short, but how are you exempt from reporting the rate spread?
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#2201851 - 01/02/19 03:18 PM Re: rate spread newyork
newyork Offline
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Joined: Aug 2008
Posts: 452
yes, we are exempt.

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#2201854 - 01/02/19 03:23 PM Re: rate spread newyork
David Dickinson Offline
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David Dickinson
Joined: Nov 2000
Posts: 18,763
Central City, NE
If you are a small filer, then you would report "Exempt" or "1111" for all applicable entries. Listing "NA" is reporting data.
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David Dickinson
http://www.bankerscompliance.com

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#2201859 - 01/02/19 03:26 PM Re: rate spread newyork
newyork Offline
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Joined: Aug 2008
Posts: 452
Thank you.

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