A GUIDE TO
HMDA Reporting
Getting It Right!
EDITION EFFECTIVE JANUARY 1, 2010(For HMDA Submissions due March 1, 2011)
Federal Financial InstitutionsExamination Council
0 1 2 3 4 5 6 7 8 9 - 9 8 7 6 5 4 3 2 1 0
Name of Reporting Institution
City, State, ZIP
Date ApplicationReceived(mm/dd/ccyy) Application orLoan Number
Example of Loan Originated Following PreapprovalExample of Preapproval Request Denied 5 6 7 8 9 0 4 3 2 1 - 1 2 3 4 0 9 8 7 6 506/02/201001/15/2010
LOAN/APPLICATION REGISTER
Page of
L B - 6 8 7 4 3 9
Application orLoan Information
All columns (except Reasons for Denial) must be completed for each entry. See t
Example of Application Denied 03/15/2010
A GUIDE TO
HMDA Reporting
Getting It Right!
Edition effective January 1, 2010(for HMDA submissions due March 1, 2011 or later)
This edition of the
Guide
is the comprehensive edition for use with 2010calendar year data (due March 1, 2011). Appendices include the FederalReserve Board’s Regulation C (Home Mortgage Disclosure); the Instructions forCompletion of the HMDA Loan/Application Register (LAR); the staff commentaryto the regulation; the Home Mortgage Disclosure Act; state and county codes,together with metropolitan statistical area (MSA) and metropolitan division (MD)numbers; contact information for the federal supervisory agencies; and theHMDA poster.June 2010
ii
Contents
Foreword
iv
Introduction
Purposes of HMDA 1Data Collection, Reporting, and Disclosure in a Nutshell 1Management's Responsibilities 2
Who Must Report
Coverage Criteria 3Definition of a “Branch Office” 5Mergers and Acquisitions 5Exemptions Based on State Law 6Brokered or Correspondent Loans: Who Reports? 6
Data Reporting in General
The Loan/Application Register (LAR) 7 Transactions to be Reported 8Information to be Reported about Each Transaction 8 Transactions Not to be Reported 9
Completing the LAR Step by Step
Caveat 10 Application or Loan Information 10 Action Taken 12Property Location 13 Applicant Information 15Sale of the Loan 16Reasons for Denial 16Loan Price and Lien Status 16
Sources of Geographic Information (Geocoding Tools)
18Census Tract Street Address Lookup Resources 18Census Tract Map Resources 18
Search History:
Result 00 of 00
00 results for result for
p.
HDMA (covered institutions -exceptions 2010 Guide: purchases HMDA-related loans in bulk from another entity (for example, from a failing institution). As neither a merger nor an acquisition of a branch is involved, the purchasing institution must report those loans as "purchased loans."
An application or loan is reported if it falls into one or more of the following three categories: home purchase loan, home
improvement loan, or refinancing.
1. A home purchase loan is any loan secured by… (More)
improvement loan, or refinancing.
1. A home purchase loan is any loan secured by… (More)
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