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Home MortgageDisclosureAct-Questions Which of the followinginstitutions isNOTsubject to the coverageofHMDA reporting as of the2018 reporting year? BankA,withassetsof$55millionandlocatedinalargeurbancity,males home improvementloansandsomehomepurchaseloanstoexisting customers BankB, with assetsof$20millionand locatedinarural area,has
Home MortgageDisclosureAct-Questions
- Which of the followinginstitutions isNOTsubject to the coverageofHMDA reporting as of the2018 reporting year?
- BankA,withassetsof$55millionandlocatedinalargeurbancity,males home improvementloansandsomehomepurchaseloanstoexisting customers
- BankB, with assetsof$20millionand locatedinarural area,has severalbranches,alsoinruralareas, includingonethatmakes homeimprovementandhome purchaseloans
- MortgageCompanyC,with assetsof$75million andahomeofficeinalarge EastCoast city, makesexclusivelyhome purchase loans
- AlltheinstitutionsaresubjecttoHMDA
- BankA
- Bank B
- MortgageCompanyC
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Introduction To Business Law
Authors: Jeff Rey F. Beatty, Susan S. Samuelson
3rd Edition
978-0324826999, 0324826990
