Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

American Bankers Association Exam CRCM Topic 9 Question 92 Discussion

Actual exam question for American Bankers Association's CRCM exam
Question #: 92
Topic #: 9
[All CRCM Questions]

John and Elise Fernandez apply to ABC Bank for a loan to purchase a manufactured home. ABC Bank is a community bank with approximately $100 million in assets, and the home would be located outside of the bank's metropolitan are a. Mr. and Mrs. Fernandez complete an in-person application for a mobile home that is denied by the bank due to insufficient income. Which piece of information on the Fernandez application is ABC Bank NOT required to report on its HMDA LAR?

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Otis
2 days ago
I think the answer is D, the metropolitan area where the home will be located.
upvoted 0 times
...

Save Cancel