Posted By: Ryan200515
HMDA 2018- Demographic Information Addendum - 11/24/17 05:43 PM
I would like to confirm several things I have come across. Sorry for so many questions.
1- An applicant can choose to mark "Hispanic or Latino," but not provide a subcategory, correct?
2- If the answer to question 1 is yes, then on the demographic information addendum (DIA), is it correct to leave the box for "I do not wish to provide this information" blank? Even though they are not providing the subcategory information.
3-An applicant can choose to mark "Mexican," but not provide a main category, correct?
4- If the answer to question 3 is yes, then on the DIA, is it correct to leave the box for "I do not wish to provide this information" blank? Even though they are not providing the main category information.
5- If the answer to question 3 is yes, and this is a face to face interview, is the lender required to collect the main category based on visual observation? If so, how should the box for "I do not wish to provide this information" be marked.
and last...
Is the section on the DIA, for the information collected based on visual observation, supposed to be left blank if the application is anything other than face to face. Leaving blank seems contradictory to the code we are supposed to report.
1- An applicant can choose to mark "Hispanic or Latino," but not provide a subcategory, correct?
2- If the answer to question 1 is yes, then on the demographic information addendum (DIA), is it correct to leave the box for "I do not wish to provide this information" blank? Even though they are not providing the subcategory information.
3-An applicant can choose to mark "Mexican," but not provide a main category, correct?
4- If the answer to question 3 is yes, then on the DIA, is it correct to leave the box for "I do not wish to provide this information" blank? Even though they are not providing the main category information.
5- If the answer to question 3 is yes, and this is a face to face interview, is the lender required to collect the main category based on visual observation? If so, how should the box for "I do not wish to provide this information" be marked.
and last...
Is the section on the DIA, for the information collected based on visual observation, supposed to be left blank if the application is anything other than face to face. Leaving blank seems contradictory to the code we are supposed to report.