Nursing Home - HMDA reportable?

Posted By: dwedding

Nursing Home - HMDA reportable? - 05/04/11 02:03 PM

Would a request for a new addition to a nursing home be considered HMDA reportable or is this considered a transitory residence?
Posted By: Dan Persfull

Re: Nursing Home - HMDA reportable? - 05/04/11 02:07 PM

http://www.ffiec.gov/hmda/pdf/00news.pdf

See the Q&A section.
Posted By: dwedding

Re: Nursing Home - HMDA reportable? - 05/04/11 02:15 PM

Thanks, I didn't think so but I was getting caught up in commentary.

2. Exclusions. Recreational vehicles such as boats or campers are not dwellings for purposes of HMDA. Also excluded are transitory residences such as hotels, hospitals, and college dormitories—whose occupants have principal residences elsewhere.