If an older mobile home is not considered a manufactured home, is it a different type of dwelling for HMDA reporting once we are under the revised 2018 rules?
Has anything changed regarding assisted-living properties under the 2018 HMDA rules?
Will collateral properties owned by a borrower’s relative continue to be reported as owner-occupied under the January 2018 HMDA rules?
Will two four-unit buildings still be reported as a 1 to 4 family property under the revised 2018 HMDA rules?
We have heard that manufactured home communities (mobile home parks) secured only by the land and hookups will be HMDA-reportable beginning 1/1/2018. Is this true? The park owner does not rent out any actual homes, just the sites.
Our borrower owns a home that is used only for a few days here and there during the year. Is this a transitory residence?
The HMDA - Getting It Right manual states if a loan is a home improvement loan as well as a refinancing, an institution reports the loan as a home improvement loan. Does this apply to commercial, multiple-category loans as well, where the proceeds are used primarily to refinance? And if the borrower owns multiple apartment buildings, and uses the residual proceeds to improve a different apartment property, would you still categorize the original borrowing (the one used PRIMARILY for refinance) as home improvement?
Is a commercial line of credit which is being used to purchase and rehab a residential dwelling HMDA reportable when a draw is made?
If a bank targets a high net worth geographical are for a marketing campaign, are they up against any regs? Can someone define "Greenlining" please?
I have a loan that was denied. How do I report negative income on the HDMA LAR? Do I use NA?