[amberb]

Yes, this would’ve been 1 transaction involving and collateralized by all 9 properties together. This was actually a withdrawn loan file. Each of these properties had different ownership. Some had two of the co-borrowers or just one co-borrower. One was in the name of the actual business. One property is in a name that did not have a common borrower. However, it is my understanding that the ownership of all properties would’ve been moved into the business name only prior to close of the loan if we had followed through with it. So I’m having a really hard time determining if this is actually a purchase if ownership would’ve already been transferred prior to closing of the loan. Or if this loan would even qualify for HMDA.

[Author]

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