Use information and data from the preceding December 31 date when determining whether you meet the reporting criteria. The following questions for a depository institution should be answered to determine if you should report CY 2008 HMDA data in 2009.
If a depository institution responds 'YES'
to the above questions 1 through 4 and 'YES' to at least one question
in 5, then HMDA applies to the institution's loan originations,
purchases, and applications in the current calendar year. A negative
response to any one of the first four questions or to all the questions
in 5 would exempt the institution from filing HMDA.
For depository institutions, a branch
office is an office approved as a branch by a supervisory agency
(except that a branch office of a credit union is any office where
member accounts are established or loans are made, whether or not
the office has been approved as a branch by a federal or state agency).
A branch office does not include offices of affiliates or other
third parties such as loan brokers, or other offices where loan
applications are merely taken; nor does it include ATMs or other
electronic terminals.
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Last Modified:
03/09/2009 3:50 PM