May 6, 2022 at 11:43 am EDT
#36823
jholzknecht
Keymaster
Assuming the loan is otherwise HMDA reportable, the presence of a business as the primary borrower does not disqualify the loan from HMDA reporting. Certain business purpose loans are excluded from HMDA reporting. The Commentary includes guidance on reporting certain fields, such as ethnicity, race and sex, when a applicant is a business entity.