Posted By: Sheba
dwelling secured demand loan - HMDA reportable - 11/08/12 07:34 PM
I have a dwelling secured interest only demand loan that has been converted to a amortizing 25 year ARM loan As the change was done using a modification agreement rather than a new note--I am assuming this will not be HMDA reportable. Just a little confused by the circumstances, but hoping someone can let me know if I am looking at this correctly.
Thanks to all.
Thanks to all.