HMDA: Dwellings – ON-DEMAND WEBINARS

Recorded: September 10, 2020

Presented by: Ms. Natalie Straus, CRCM, VP and Senior Consultant, FORVIS

Join us for a 90-minute webinar where we will discuss the definitions and data points associated with HMDA “dwellings.”

“Dwellings” are a key factor in your HMDA reporting. In fact, you won’t even include a transaction on the LAR unless it is secured by a “dwelling”! Therefore, it’s important to be familiar with all of the nuances incorporated in HMDA’s definition, as well as the relevant data points.

We’ll talk about:

• “Dwelling” definition, including:
  • Multifamily property
  • Mixed-use property
  • Manufactured home communities
  • Transitory residences
• The importance of dwellings in:
  • Closed-end mortgage loans
  • Open-end lines of credit
• How dwellings are incorporated in:
  • Home purchases
  • Home improvements
  • Refinancing

We’ll also cover dwelling-related date points:

• Construction method
• Occupancy type
• Property location
• Lien status
• Property value
• Manufactured home secured property type
• Manufactured home land property interest
• Total units
• Multifamily affordable units