Home Mortgage Disclosure Act (HMDA)/Reg C

Does Lender Credits Field HMDA.X80 use General Lender Credits or Specific Lender Credits.

Encompass uses the Lender credits provided to the borrower to offset closing costs that is disclosed under Line J of the Closing Cost Details page of the Closing Disclosure CD2.XSTLC. HMDA refers to 1026.38(h)(3) which are general credits and cure only.

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