Answer:
This is a good example of necessary information to trigger a HMDA application. The construction type must always be completed on the HMDA LAR and therefore should be one of the fields obtained in the initial conversation. If the applicant withdrew or the application was quickly denied to something like bankruptcy, it can be difficult to obtain missing required information. Fields like that should be part of your HMDA application definition.
--------------------------
Learn more about Kathleen Blanchard’s