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Call Report Code for Loans Secured by Duplexes

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Question: 
We have loans secured by multiple duplexes, 3 or more, that are reported with a call report code of 1D (5+ Family). Is this correct.
Answer: 

No, those are multiple 1-4 family residences, not multi-family.

First published on BankersOnline.com 2/21/11

First published on 02/21/2011

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