Skip to content

Partial Exempt Fields

Answered by: 

Question: 
On the exempted data fields, am I correct that some of the fields you type "exempt" and others you type 1111?
Answer: 

Yes, you are correct. For fields where data is entered, such as an amount or date, then typically an exempt transaction is indicated using the work "exempt." When a code is entered then the appropriate entry for an exempt transaction is "1111."

--------------------------

Learn more about Jack Holzknecht’s

Top 15 Issues with HMDA webinar.

First published on 02/28/2021

Filed under: 

Search Topics