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HMDA LAR Issue- Ethnicity is "NA"

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Question: 
I have a HMDA LAR issue on Commercial - Non originated loans. I have received several edit notices - "Q648: If action is 1,2,3,4,5,7 or 8 then the first 20 characters of the ULI should match the reported LEI" when validating my HMDA LAR. These loans are non-originated HMDA Commercial where the ethnicity is "NA". Is this a known issue or something new?
Answer: 

That appears to be referencing the ULI and stating the first 20 characters are not matching your institution's LEI. I've not run into this error message but I would advise checking your ULI format for those files.

First published on 12/20/2020

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