Skip to content

Report Race/Sex/Ethnicity of Co-Signer HMDA Loan?

Answered by: 

Do you report the ethnicity, race, and sex of a co-signer on a HMDA reportable loan?

You should collect GMI on all borrowers (even cosigners). You report the first two borrowers on the note. A cosigner is a borrower, they just aren't receiving benefit from the loan.

First published on 4/9/12

First published on 04/09/2012

Filed under: 
Filed under lending as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics