A Guide to HMDA Reporting - ffiec

Completing MSA/MD numbers, state codes,
the LAR
and county codes can be found in
Step by Step
Appendix F. Codes are subject to
change; updates will be posted on
www.ffiec.gov/hmda as needed.
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In the case of a nondepository institution,
geographic data are also
required for properties in any MSAs
in which you originated, purchased,
or received applications for five or
more home purchase or home
improvement loans in the preceding
calendar year—whether or not your
institution had a physical office there.
See page 5. Therefore, a nondepository
institution might enter geographic
data routinely for any
property in an MSA.
All covered institutions must report
geographic data not just for loan
applications and originations, but
also for loans they purchase, even if
the loan originator did not collect the
geographic information.
¢ Census tract number. Use only the
numbers assigned in the 2000 census.
Numbers from a different year are not
acceptable, as the FFIEC will use 2000
demographic data in preparing tables
of the data submitted by reporting
institutions.
Record each census tract number,
showing any decimal points precisely
as shown on Census Bureau documents.
Add leading and trailing zeros
to fill out the column, even though the
number is not shown with leading or
trailing zeros on the Census documents.
For example, report census
tract 8.02 as 0008.02, not 802, 0802,
or 8; and report census tract 1012 as
1012.00.
You may enter “NA” for the census tract
number if the property is located in a
county with a population of 30,000 or
less as of the 2000 census, even if the
population later exceeded 30,000 (but
you must enter the MSA number, state
code, and county code). As of the 2000
census, every area of the country is in a
census tract. Accordingly, Block Numbering
Areas (BNAs) no longer exist.
For more instructions on reporting geographic
information, see Appendix A, I.C
and the staff comments to Regulation C
§ 203.4(a)(9).
Information about how to obtain reliable
geographic information can be found in
the chapter, Sources of Geographic
Information (Geocoding Tools).
Some institutions rely on
appraisers to identify the census
tract numbers. Others arrange
for data processors to “geocode”
loans. Whatever method you
choose to follow, the ultimate
responsibility for the accuracy of
the data—and for ensuring that
2000 census tract numbers are
used—rests with your institution.
An incorrect entry for a particular
census tract number is a violation
unless your institution maintains
reasonable procedures to
avoid such errors—for example,
by conducting periodic checks
of the tract numbers obtained
from your data processor, if you
use one.