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HMDA Rule: Increase w/ New Loan Estimate Issued

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Question: 
Under current HMDA rules, if a borrower submits an application for one amount and then requests an increase and a new loan estimate is issued, do we report the original amount requested or the increased amount?
Answer: 

I assume you are asking concerning a non originated loan. You would report the amount the borrower amended their request for.

First published on 03/24/2019

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