I posted this to the Lending thread before I realized HMDA had its own thread:

We recently financed the purchase of a fair cabin in Neshoba County, MS. What we have learned is that the Fair Association owns all the land, the owners only own the cabins. There are very strict rules governing these cabins and the utilities (including water!) are only turned on from May until after the fair is over late summer.

We keep going back and forth about HMDA applicability. Until I read the rules, I was firmly in the 2nd residence, HMDA reportable camp. Now I am not so sure. If utilities are off from September through April of each year, even if the cabin is accessible, I can't imagine it is truly somewhere people would stay. So now thinking (maybe) transitory residence and not HMDA reportable?

Just thought I'd throw this out and see what y'all think...

I saw it in the lending thread before i saw this...i answered there.

Dang you're quick, thanks!