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Reply To: HMDA Data Field – Total Units

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#12591

jholzknecht
Keymaster

Section 1003.4(a)(31) requires reporting of the total number of individual dwelling units related to the property securing the covered loan. When more than one property is taken as security, a financial institution reports the covered loan in a single entry on its LAR and provides the information for one of the properties taken as security that contains a dwelling. You simply choose one of the properties and report the number of units in that property.