Appendix C recommends what’s needed to own promoting a finger and you will confirming an excellent ULI
6. NULI. For a partially excused deal less than 1003.3(d), a financial institution can get report a ULI otherwise a beneficial NULI. Select 1003.3(d)(5) and you can statements 3(d)(5)-1 and you can -dos to own great tips on the fresh new NULI.
Paragraph 4(a)(1)(ii)
step one. App date – surface. Section 1003.4(a)(1)(ii) requires that, inside revealing the fresh date out-of application, a loan company statement the time it received the application, since the outlined not as much as 1003.2(b), or even the day revealed towards the application. Regardless of if a lending institution shouldn’t have to choose the exact same method for their whole HMDA submission, it needs to be fundamentally consistent (like by the routinely on a single means in this a particular office of your own organization and a group of money). Should your standard bank chooses to report the big date revealed to the the application while the business retains multiple types of your own form, the institution profile the big date found with the first application form fulfilling the application form meaning given less than 1003.2(b).
dos. Application go out – indirect app. For an application which had been not filed directly to the monetary institution, the college will get report this new big date the program try acquired from the new class one very first acquired the application form, the day the program is actually received of the establishment, or the go out found on form. Regardless if a place shouldn’t have to choose the same approach for their entire HMDA submitting, it should be generally uniform (including from the regularly using one means within a particular division of one’s organization or a sounding fund). Read more