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#974567 - 06/13/08 12:34 PM Is this HMDA reportable
donna.raisor Offline
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Joined: Sep 2004
Posts: 554
We did a Personal line of credit and secured it with the consumers home and the purpose is for home improvement. The customer does not occupied the home becuase of health. Are personal line of credits HMDA reportable?

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#974720 - 06/13/08 02:38 PM Re: Is this HMDA reportable donna.raisor
Mrs. Rizzo Offline
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Mrs. Rizzo
Joined: Mar 2006
Posts: 10,392
Curled up by the fire...
Does your institution report lines of credit?
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Take responsibility for your life.

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#974730 - 06/13/08 02:43 PM Re: Is this HMDA reportable Mrs. Rizzo
donna.raisor Offline
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Joined: Sep 2004
Posts: 554
no we do not

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#974900 - 06/13/08 04:45 PM Re: Is this HMDA reportable donna.raisor
Mrs. Rizzo Offline
10K Club
Mrs. Rizzo
Joined: Mar 2006
Posts: 10,392
Curled up by the fire...
If your institution does not report lines of credit then it would not be reportable.
_________________________
Take responsibility for your life.

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