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HMDA Bundled Exam Questions Package with Correct Answers
HMDA Bundled Exam Questions Package with Correct Answers
[Show more]HMDA Bundled Exam Questions Package with Correct Answers
[Show more]What does HMDA stand for? - Home Mortgage Disclosure Act 
The Home Mortgage Disclosure Act is regulation ____ - C 
HDMA requires certain lenders to report data regarding its - home purchase and home 
improvement loan orginated 
For HMDA purposes, home purchase loans include the ____ of a loan used ...
Preview 2 out of 8 pages
Add to cartWhat does HMDA stand for? - Home Mortgage Disclosure Act 
The Home Mortgage Disclosure Act is regulation ____ - C 
HDMA requires certain lenders to report data regarding its - home purchase and home 
improvement loan orginated 
For HMDA purposes, home purchase loans include the ____ of a loan used ...
Loan Application Register - Document used to report home mortgage loans by financial 
institutions subject to HMDA reporting 
Depository Institution - Bank, savings association, or credit union with assests OVER 
44 million as of 12/31 of the preceding year, had 1 office in an MSA, orginated at le...
Preview 2 out of 14 pages
Add to cartLoan Application Register - Document used to report home mortgage loans by financial 
institutions subject to HMDA reporting 
Depository Institution - Bank, savings association, or credit union with assests OVER 
44 million as of 12/31 of the preceding year, had 1 office in an MSA, orginated at le...
Purpose of HMDA: - (1) Provide public with info that will help show whether financial 
institutions are serving the housing credit needs of the neighborhoods and communities in 
which they are located; AND 
(2) Help public officials in targeting public investments from the private sector to areas ...
Preview 3 out of 21 pages
Add to cartPurpose of HMDA: - (1) Provide public with info that will help show whether financial 
institutions are serving the housing credit needs of the neighborhoods and communities in 
which they are located; AND 
(2) Help public officials in targeting public investments from the private sector to areas ...
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