FORUM PROFILE

HMDA Partial Exemption

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 17, 2018 at 2:56 pm EST #14164
    Anonymous
    Inactive

    We are a HMDA reporter but will be able to take the partial exemption. We also sell loans on the secondary market. With the exemption do we report only the 22 data points on all loans or do the loans sold on the secondary market require full reporting of the expanded data point fields.

    December 21, 2018 at 11:01 am EST #14169
    rcooper
    Member

    You will need to talk to your investors to see what they require as I don’t believe they can rely on your exemption.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.