A Guide to HMDA Reporting - ffiec

More documents

Recommendations

Info

Appendix B to Part 203 Form and Instructions for Data Collection on Ethnicity, Race, and Sex B-2
Appendix C Regulation C (Home Mortgage Disclosure) Effective January 1, 2004 * Since publication of the Regulation, the OMB changed HUD's assigned number to 2502-0539. In addition, the OMB assigned a number to the National Credit Union Administration of 3133-0166. Section 203.1 Authority, purpose, and scope 203.2 Definitions 203.3 Exempt institutions 203.4 Compilation of loan data 203.5 Disclosure and reporting 203.6 Enforcement Appendix A to Part 203—Form and instructions for completion of HMDA loan/application register Appendix B to Part 203—Form and instructions for data collection on ethnicity, race, and sex Section 203.1 Authority, purpose, and scope. (a) Authority. This regulation is issued by the Board of Governors of the Federal Reserve System (“Board”) pursuant to the Home Mortgage Disclosure Act (“HMDA”) (12 U.S.C. 2801 et seq.), as amended. The information-collection requirements have been approved by the U.S. Office of Management and Budget (“OMB”) under 44 U.S.C. 3501 et seq. and have been assigned OMB numbers for institutions reporting data to the Office of the Comptroller of the Currency (1557-0159), the Federal Deposit Insurance Corporation (3064-0046), the Office of Thrift Supervision (1550-0021), the Federal Reserve System (7100-0247) and the Department of Housing and Urban Development (“HUD”) (2502- 0529). A number for the National Credit Union Administration is pending.* (b) Purpose. (1) This regulation implements the Home Mortgage Disclosure Act, which is intended to provide the public with loan data that can be used: (i) To help determine whether financial institutions are serving the housing needs of their communities; (ii) To assist public officials in distributing public-sector investment so as to attract private investment to areas where it is needed; and (iii) To assist in identifying possible discriminatory lending patterns and enforcing antidiscrimination statutes. (2) Neither the act nor this regulation is intended to encourage unsound lending practices or the allocation of credit. (c) Scope. This regulation applies to certain financial institutions, including banks, savings associations, credit unions, and other mortgage lending institutions, as defined in section 203.2(e). The regulation requires an institution to report data to its supervisory agency about home purchase loans, home improvement loans, and refinancings that it originates or purchases, or for which it receives applications; and to disclose certain data to the public. Section 203.2 Definitions. In this regulation: (a) Act means the Home Mortgage Disclosure Act (“HMDA”) (12 U.S.C. 2801 et seq.), as amended. (b) Application. (1) In general. Application means an oral or written request for a home purchase loan, a home improvement loan, or a refinancing that is made in accordance with procedures used by a financial institution for the type of credit requested. (2) Preapproval programs. A request for preapproval for a home purchase loan is an application under paragraph (b)(1) of this section if the request C-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 and 34: Glossary 28 Branch office. For bank
Page 35 and 36: Appendix A to Part 203 Form and Ins
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: Appendix B to Part 203 Form and Ins
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
show all

A Guide to HMDA Reporting - ffiec

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?