Would a loan to buyout a divorced spouse's interest in their primary residence be HMDA reportable. There is a transfer of title. We are also replacing the existing purchase money mortgage. I'm leaning toward reportable but am not sure. Would it be a purchase or refi if so?

Yes these loans are reportable. We report them as refinancings, however some will report as purchases. Just be consistent in which way you report them.

Also remember the spouse buying out the other spouse gets the right to rescind. See the OSC to 226.2(a)(24)(5)(ii).