A Guide to HMDA Reporting - ffiec

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Glossary Refinancing. A refinancing is any dwelling-secured loan that replaces and satisfies another dwelling-secured loan to the same borrower. The purpose of the loan being refinanced is not relevant to determining whether the new loan is a refinancing for HMDA purposes. Nor is the borrower’s intended use of any additional cash borrowed relevant to determining whether the loan is a refinancing, though the borrower’s intended use of the funds could make the transaction a home improvement loan or a home purchase loan. See the definitions of “home purchase loan” and “home improvement loan.” Also see the rule on multipurpose loans on page 12. 29
Appendix A to Part 203 Form and Instructions for Completion of HMDA Loan/ Application Register Paperwork Reduction Act Notice This report is required by law (12 U.S.C. 2801-2810 and 12 CFR 203). An agency may not conduct or sponsor, and an organization is not required to respond to, a collection of information unless it displays a valid Office of Management and Budget (OMB) control number. See 12 CFR 203.1(a) for the valid OMB control numbers, applicable to this information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing the burden, to the respective agencies and to OMB, Office of Information and Regulatory Affairs, Paperwork Reduction Project, Washington, DC 20503. Be sure to reference the applicable agency and the OMB Control Number, as found in 12 CFR 203.1(a), when submitting comments to OMB. I. Instructions for Completion of Loan/Application Register A. Application or Loan Information. 1. Application or Loan Number. a. Enter an identifying loan number that can be used later to retrieve the loan or application file. It can be any number of your institution’s choosing (not exceeding 25 characters). You may use letters, numerals, or a combination of both. 2. Date Application Received. a. Enter the date the loan application was received by your institution by month, day, and year. If your institution normally records the date shown on the application form you may use that date instead. Enter “NA” for loans purchased by your institution. For paper submissions only, use numerals in the form MM/DD/CCYY (for example, 01/15/2003). For submissions in electronic form, the proper format is CCYYMMDD. 3. Type of Loan or Application. Indicate the type of loan or application by entering the applicable code from the following: Code 1—Conventional (any loan other than FHA, VA, FSA, or RHS loans) Code 2—FHA-insured (Federal Housing Administration) Code 3—VA-guaranteed (Veterans Administration) Code 4—FSA/RHS-guaranteed (Farm Service Agency or Rural Housing Service) 4. Property Type. Indicate the property type by entering the applicable code from the following: Code 1—One- to four-family dwelling (other than manufactured housing) Code 2—Manufactured housing Code 3—Multifamily dwelling a. Use Code 1, not Code 3, for loans on individual condominium or cooperative units. b. If you cannot determine (despite reasonable efforts to find out) whether the loan or application relates to a manufactured home, use Code 1. A-1
Page 1 and 2: EDITION EFFECTIVE January 1, 2006 (
Page 3 and 4: Contents Foreword _________________
Page 5 and 6: Foreword A Guide to HMDA Reporting:
Page 7 and 8: Introduction An institution must tr
Page 9 and 10: Coverage Criteria for Other Mortgag
Page 11 and 12: Who Must Report If the institutions
Page 13 and 14: Data Reporting ¢ For loans sold in
Page 15 and 16: Completing the LAR Step by Step 10
Page 17 and 18: Completing the LAR MULTIPURPOSE LOA
Page 19 and 20: Completing MSA/MD numbers, state co
Page 21 and 22: Completing the LAR Step by Step 16
Page 23 and 24: Sources of Geographic Information (
Page 25 and 26: Sources of Geographic Information (
Page 27 and 28: Submitting the LAR 22 Officer’s C
Page 29 and 30: Checklists for Completing and Certi
Page 31 and 32: Submitting the LAR 26 Resubmitting
Page 33: Glossary 28 Branch office. For bank
Page 37 and 38: the total amount of the refinancing
Page 39 and 40: series) [1] , enter “NA”(even i
Page 41 and 42: applicant information is unavailabl
Page 43 and 44: e. Code 6 for: Unable to verify cre
Page 45 and 46: the foregoing agencies and you elec
Page 47 and 48: The sample adopted by the Board in
Page 49 and 50: Appendix B to Part 203 Form and Ins
Page 51 and 52: Appendix C Regulation C (Home Mortg
Page 53 and 54: * Read: a loan not secured by a lie
Page 55 and 56: (11) The type of entity purchasing
Page 57 and 58: easonable fee for any cost incurred
Page 59 and 60: D-2 must report the action taken on
Page 61 and 62: D-4 2. 3. coverage test for a given
Page 63 and 64: D-6 square footage or by the income
Page 65 and 66: D-8 and may report the property typ
Page 67 and 68: D-10 institution reports the date t
Page 69 and 70: D-12 date the institution acquired
Page 71 and 72: D-14 backed securities are to be tr
Page 73 and 74: D-16 7. Transmittal sheet—additio
Page 75 and 76: Appendix E Home Mortgage Disclosure
Page 77 and 78: tistical area, metropolitan statist
Page 79 and 80: the loan application register infor
Page 81 and 82: Stat. 524, 525, 526); Dec. 19, 1991
Page 83 and 84: [12 USC 2806. As amended by H. Res.
Page 85 and 86:
Appendix F State and County Codes a
Page 87 and 88:
Lonoke (085) - MSA 30780 Madison* (
Page 89 and 90:
Lee (071) - MSA 15980 Leon (073) -
Page 91 and 92:
Bonner (017) Bonneville (019) - MSA
Page 93 and 94:
St. Joseph (141) - MSA 43780 Scott*
Page 95 and 96:
Seward* (175) Shawnee (177) - MSA 4
Page 97 and 98:
Franklin* (007) Hancock (009) Kenne
Page 99 and 100:
Sherburne (141) - MSA 33460 Sibley*
Page 101 and 102:
Warren* (219) - MSA 41180 Washingto
Page 103 and 104:
New New Mexico Mexico (35) (35) Ber
Page 105 and 106:
Dickey* (021) Divide* (023) Dunn* (
Page 107 and 108:
Oregon Oregon (41) (41) Baker* (001
Page 109 and 110:
Pennington (103) - MSA 39660 Perkin
Page 111 and 112:
Hansford* (195) Hardeman* (197) Har
Page 113 and 114:
Bath* (017) Bedford (019) - MSA 313
Page 115 and 116:
Ritchie* (085) Roane* (087) Summers
Page 117 and 118:
Appendix G Federal Supervisory Agen
Page 119 and 120:
New York Regional Office 20 Exchang
Page 121 and 122:
Federal Reserve Bank of Boston 600
Page 123:
Appendix H General Notice Poster Re
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A Guide to HMDA Reporting - ffiec

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