Hmda test study guide - Study guides, Class notes & Summaries

Loan Application Register - ANSWER Document used to report home mortgage loans by financial institutions subject to HMDA reporting Depository Institution - ANSWER 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 least 1 home mortgage loan (1-4 family), and is federally insured or regula

Government Monitoring Information (GMI) - ANSWER reported information about the race, sex, and ethnicity of the applicant(s). A Metropolitan Division (MD) - ANSWER is a county or group of counties within an Metropolitan Statistical Area (MSA) thatis urban, population over 2.5 million AND consists of one or more main/secondary counties that represent an employment center or centers plus adjacent counties associated with the main/secondary county or counties through commuting ties.