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 2002 HMDA data in 2003.
If a nondepository institution responds 'YES' to the above questions 1 and 2, and 'YES' to at least 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 either questions 1 or 2, or to all the questions in 3 or 4 exempts the institution from filing HMDA data for the current calendar year.
For nondepository institutions, a branch office is any office of the institution that takes applications from the public for home purchase or home improvement loans. It does not include offices of affiliates or other third parties such as loan brokers.