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Is This HMDA Reportable?

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If a 2004 commercial loan is secured by residential real estate either as primary or secondary collateral is it HMDA and CRA reportable?

To be reportable for HMDA the loan must be for home purchase, home improvement or refinance. Small business loans secured by residential property are not reported for CRA.

First published on 6/21/04

First published on 06/21/2004

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