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Collecting Govt Monitoring Info (Not HMDA Bank)

Answered by: 

Question: 
Our Bank is not a HMDA reporting Bank. Do we have to collect Government Monitoring Information if we do a loan and file a mortgage on 40 acres that has a home located on the 40 acres?
Answer: 

See Regulation B - 1002.13(a) and its Commentary.

First published on BankersOnline.com 1/7/13

First published on 01/07/2013

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Filed under lending as: 

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