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Are Mobile Homes HMDA reportable?

Question: 
We are going to finance the purchase of a mobile home. Would this be HMDA reportable?
Answer: 

Currently, when you are financing the purchase of a dwelling and you use that as your collateral, yes, it is HMDA reportable.
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Learn more about Andy Zavoina’s webinar Mobile Home Loan Compliance

First published on 10/16/2016

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