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2004 Reporting Criteria for Nondepository Institutions

Use information and data from the preceding December 31 date when determining whether you meet the reporting criteria. The following questions for a nondepository institution should be answered to determine if you should report CY 2004 HMDA data in 2005.

  1. Is the nondepository institution a for-profit lender?
  2. In the preceding calendar year, did the institution's home purchase loan originations (including refinancings of home purchase loans) equal or exceed 10 percent of its total loan originations, measured in dollars, or equal $25 million or more?
  3. Did the institution either: (a) have a home or branch office in an MSA/MD on the preceding December 31, or (b) receive applications for, originate, or purchase five or more home purchase loans, home improvement loans, or refinancings on property located in an MSA/MD in the preceding calendar year?
    The new 5-digit MSA/MDs are used to determine whether your institution was in an MSA or MD on December 31, 2003. Also use the new MSA/MDs when geocoding the property location on your 2004 HMDA loan application records.

    Click here to determine if MSA/MD realignments have affected your reporting status.

    Refer to Geocoding Information for additional important information about the new Metropolitan Statistical Areas/Metropolitan Divisions (MSA/MDs).
  4. Did the nondepository institution either: (a) have assets (when combined with the assets of any parent corporation) exceeding $10 million on the preceding December 31, or (b) originate 100 or more home purchase loans (including refinancings of home purchase loans) in the preceding calendar year?

If a nondepository institution responds 'YES' to question 1 above and 'YES' to at least one question in 2, and one question in 3, and one question in 4, then HMDA applies to the institution's loan originations, purchases, and applications in the current calendar year. A negative response to question 1, or to all the questions in 2, 3, or 4 exempts the institution from filing HMDA data for the current calendar year.

For nondepository institutions, a branch office is02/11/2009 5:03 PMublic for home purchase or home improvement loans. It does not include offices of affiliates or other third parties such as loan brokers.