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#1538451 - 04/20/11 09:46 PM Is 1st mortgage HMDA reportable?
DSMTC Offline
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Joined: Feb 2004
Posts: 62
Owner occupied single family residence is owned free and clear. Customer borrowing funds not for home improvement, so it is neither a purchase, home improvement or a refinance. This is not HMDA reportable, correct?

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#1538453 - 04/20/11 09:47 PM Re: Is 1st mortgage HMDA reportable? DSMTC
raitchjay Online
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OK
Correct.
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#1538455 - 04/20/11 09:50 PM Re: Is 1st mortgage HMDA reportable? raitchjay
DSMTC Offline
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Joined: Feb 2004
Posts: 62
Just confirming, thanks!

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#1538568 - 04/21/11 01:23 PM Re: Is 1st mortgage HMDA reportable? DSMTC
hmdagal Offline
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Unless they're paying off a mortgage on or buying another dwelling.

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#1538614 - 04/21/11 02:05 PM Re: Is 1st mortgage HMDA reportable? hmdagal
raitchjay Online
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Posts: 9,088
OK
I took the OP at their word that it wasn't a purchase or refinance.
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