05/04/2015
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?
09/17/2012
Is a commercial line of credit which is being used to purchase and rehab a residential dwelling HMDA reportable when a draw is made?
03/05/2012
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?
02/13/2012
I have a loan that was denied. How do I report negative income on the HDMA LAR? Do I use NA?
05/24/2010
We have several loan production offices. They don't have cash drawers, are not listed as branches, and they don't service the deposit customer walking in off the street. Do we need signage such as the FDIC stickers? What if a courier for the bank picks up some proof work where only our employees make deposits instead of running to a branch?
02/04/2008
If the HMDA rate spread exceeds the 3% threshold on a first mortgage, other than reporting it, is the lender obligated to provide any disclosures to the borrower as HOEPA requires?
04/16/2007
When doing a renewal, with or without new money, either a term loan or line of credit and the original purpose was either purchase, refinance or home improvement secured by dwelling is it HMDA reportable? The customer is going to sign a new Promissory Note but the account number and the note number is going to be the same.
07/24/2006
We handle FHA/VA loans where we do not make the credit decision. The Reg says we report HMDA if we make the decision, but HUD is telling us to report these in addition to the entity making the decision. Should we be reporting them in addition to the lender making the decision?
03/20/2006
I am looking for a CRA Officer Policy and Procedures. Something that spells out what this person holding the title of CRA Officer should be doing.
12/16/2005
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