A Guide to HMDA Reporting - ffiec

Completing
the LAR
Step by Step
10
For guidance on
reporting applications
taken before
January 1, 2004
on which final
action is taken
after January 1,
2004, see staff
comment
203.4(a)-4.
For each application or loan, every column
field must be completed except
“reasons for denial,” which is optional
under Regulation C. For institutions regulated
by the OTS or OCC, however,
completion of the “reasons for denial” is
required by those agencies’ regulations.
(The regulation cite for OCC is 12 CFR
27.3(a)(1)(i); for OTS, it is 12 CFR
528.6)).
Caveat
The following guide to completing the
LAR is a general statement of the
requirements of Regulation C. To be
able to comply fully with the regulation,
you must be familiar with the more
detailed instructions in Regulation C
(Appendix C to this Guide), including
the field-by-field instructions in the
regulation’s Appendix A (Appendix A to
this Guide), and in the staff commentary
to Regulation C (Appendix D to this
Guide).
For reader convenience, each section
below contains references to relevant
sections of Regulation C and the staff
commentary.
LOAN/APPLICATION REGISTER
TRANSMITTAL SHEET
Application or Loan
Information
¢ Identification number. You may
enter any identifier (up to 25
characters long) that can be used
later to retrieve the particular loan
or application to which the entry
relates. To ensure consumers’
privacy, it is strongly recommended
that institutions not use applicants’ or
borrowers’ names or social security
numbers on the LAR.
The identifier must be unique among
all entries from your institution. For
example, if your report contains data
from several branches, and each
branch keeps its own register, make
sure that you assign a code (or a
series of numbers) to each branch to
avoid duplication.
For more information, see Appendix
A, I.A.1. and staff comment
203.4(a)(1)-4.
Form FR HMDA-LAR
OMB Nos. 1557-0159 (OCC), 3064-0046 (FDIC),
1550-0021 (OTS), and 7100-0247 (FRB); and
2502-0539 (HUD); 3133-0166 (NCUA).
You must complete this transmittal sheet (please type or print) and attach it to the Loan/Application
Register, required by the Home Mortgage Disclosure Act, that you submit to your supervisory agency.
Agency Total line entries contained in
Reporter's Identification Number Code Reporter's TaxIdentification Number attached Loan/Application Register
LOAN/APPLICATION REGISTER Page of
The Loan/Appl
pages.
Name of Reporting Institution City, State, ZIP
Enter the name All columns (except Reasons for Denial) must be completed for each entry. See the instructions for details.
Institutions Exa
Application or
Loan Information Action Taken
Enter the name
your register:
Application or
Loan Number
Example of Loan Originated Following Preapproval
Loan
Date Amount
Application Prop- Owner in Pre-
Received Loan erty Pur- Occu- Thou­ ap- Date
(mm/dd/ccyy) Type Type pose pancy sands proval Type (mm/dd/ccyy)
L B - 6 8 7 4 3 9
Example of Preapproval Request Denied
01/15/2006 1 1 1 1 65 1 1 02/22/2006
5 6 7 8 9 0 4 3 2 1 - 1 2 3 4 0 9 8 7 6 5
Example of Application Denied Following
06/01/2006 1 1 1 1 125 1 7 06/20/2006
Preapproval
0 1 2 3 4 5 6 7 8 9 - 9 8 7 6 5 4 3 2 1 0 03/20/2006 1 1 1 1 50 1 3 04/30/2006
Figure 3: Loan/Application Register