Action Taken Date The settlement or closing date for originations. For applications that would not lead to an origination, the date if the action was taken or as soon as the notice ended up being delivered to the applicant is entered. For a credit card applicatoin discover this which was expressly withdrawn because of the applicant, either the date shown regarding the applicant’s page or the date you received the letter or notice is reported. For loans that the institution bought, the date of purchase is ente
Task 12 months the season which is why the HMDA data are increasingly being gathered.
Agency Code Code to recognize the supervisory/regulatory agency of this HMDA reporting organization. The agency rule combined with respondent ID number may be the unique combination that identifies a certain organization. The codes for every single agency are:
1 – workplace for the Comptroller associated with Currency (OCC) 2 – Federal Reserve System (FRS) 3 – Federal Deposit Insurance Corporation (FDIC) 4 – Office of Thrift Supervision (OTS) 5 – nationwide Credit Union management (NCUA) 7 – Department of Housing and Urban developing (HUD) 9 – customer Financial Protection Bureau (CFPB)
OTS reporting of agency code four (4) just is applicable for decades 2010 and prior.
Applicant EthnicityEthnicity for the applicant. This really is reported for originated loans as well as for loan requests that don’t end in an origination. Institutions may, but are not essential to, report applicant ethnicity for bought loans.