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The most recent update states that a HMDA bank no longer has to include the full LAR but can instead include a statement of its availability. Is there any sample of how that is to be done?
The HMDA Notice of Availability works:
“Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s Web site (www.consumerfinance.gov/hmda). HMDA data for many other financial institutions are also available at this Web site.”
Comment 5(b) – 3.
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