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#2239143 - 07/06/20 08:54 PM Reporting more than one race on LAR?
ccman Offline
Platinum Poster
Joined: Sep 2007
Posts: 937
Can you report more than one race on the HMDA 2020 LAR? An applicant checked on his mortgage loan both Asian (sub category Vietnamese)
and White. Do I report both on the LAR? Thanks.

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#2239144 - 07/06/20 08:57 PM Re: Reporting more than one race on LAR? ccman
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 9,104
OK
Yes, the applicant can list multiple races and you should report all of their race choices.
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#2239242 - 07/08/20 03:41 PM Re: Reporting more than one race on LAR? raitchjay
ccman Offline
Platinum Poster
Joined: Sep 2007
Posts: 937
How is it entered on the LAR? Do I put a comma between the two, i.e. 2, 5. along with the subcategory do I check, Vietanamese?

Thanks.

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#2239251 - 07/08/20 04:26 PM Re: Reporting more than one race on LAR? ccman
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,530
Bloomington, IN
If you are using the CFPB formating tool it has 5 columns to enter the information and 2 columns for free form text. The FIG gives guidance how to complete the information starting on page 29 of the June 2020 release.

If you are using a different program then you will have to check their user manual or contact their service desk.
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The opinions expressed are mine and they are not to be taken as legal advice.

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#2239276 - 07/08/20 08:02 PM Re: Reporting more than one race on LAR? Dan Persfull
ccman Offline
Platinum Poster
Joined: Sep 2007
Posts: 937
Dan, I am using the formatting tool. No problem with listing it. Thanks.

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