Home Mortgage Disclosure Act (HMDA)/Reg C

Where would obtain the information to know what "purchaser type" an investor might be?

There are a few ways to determine the purchaser type, starting with asking the purchasing entity (in this case the investor). You can also typically make this determination by researching the purchasing entity, if necessary, by the organizational corporate filings with the appropriate Secretary of State for the state in which they are domiciled. In many cases, you may also find the information necessary to make this determination by looking up the web site of the entity (if available) and using any disclosures provided regarding the legal disclaimer/disclosure or licensing, as applicable. Many agreements (contracts) executed regarding the purchasing of the loans may also identify the type of entity purchasing the loan.

Citation(s):§1003.4(a)(11); Commentary ¶4(a)(11)-1 thru -10