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#456535 - 11/14/05 08:26 PM HMDA & CRA????

Would there ever be a situation where you could have a HMDA reportable loan that is also CRA reportable?

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#456536 - 11/14/05 09:56 PM Re: HMDA & CRA????
Geoz Offline
100 Club
Joined: Apr 2003
Posts: 148
A multi-family loan can potentially be reported for HMDA and as a CRA community development loan.

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#456537 - 11/14/05 10:09 PM Re: HMDA & CRA????

Ok. I have a loan secured by a hotel for the purpose of doing improvements on the hotel that is located in a moderate income tract. Could I report that as a HMDA home improvement loan and a CRA community development loan??

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#456538 - 11/14/05 10:30 PM Re: HMDA & CRA????
hmdagal Offline
Power Poster
Joined: Dec 2002
Posts: 3,812
Read the commentary in the HMDA GIR (page D-3) regarding 'dwellings'.

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