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Collecting Monitoring Info on RE Loan

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We are an FDIC regulated bank. When do we not collect the government monitoring information on a real estate loan application?

When the credit request does not meet Reg C's (HMDA) definition of a home purchase, home improvement or refinancing found in 203.2 or those covered under the OSC to Reg. B's 202.13.

First published on 1/17/11

First published on 01/17/2011

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