Cosignor considered a coapplicant for HMDA purpose

So, do we collect GMI on a cosigner for HMDA reporting?

An experts answer: Cosigner GMI

Seriously? they aren't borrowing the funds as a co-signor, just responsible if it goes bad

If they sign the note, their information needs to be collected.

Yes, seriously. Review 1003.4 for the collection requirements.

The ethnicity, race, and sex of the applicant or borrower, and the gross annual income relied on in processing the application.

A cosigner is an applicant. You also report their income if used in the credit decision.