Every quarter, CrossCheck addresses scenarios that arise as HMDA reporters collect and review data and prepare their LAR for submission. In this issue, we explore the following topics:
- Determining loan purpose when the property type is unclear
- HOEPA status for one-time close construction-to-permanent loans
- Selecting the correct NMLSR ID when multiple originators are involved
- Multifamily Affordable Units – how to handle single-family transactions
- Rate spread guidance when required information is unavailable
HMDA Resources
- Submit your HMDA question
- Subscribe to our publications
- Explore CrossCheck’s HMDA compliance services
HMDA Hub is a quarterly Q&A series that addresses scenarios that arise as lenders collect, review, and prepare their LAR for submission.
