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HMDA multi-family communities

Question: 
Our collateral consists of an apartment complex made up of 4 units per building, each with a separate address. Is this a multifamily secured loan?
Answer: 

Yes, a multifamily community can be made up of separate buildings that together make up the community.

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Learn more about Kathleen Blanchard’s webinar Property-related issues and HMDA

First published on 12/18/2016

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