May a lender use average prime offer rates [for HMDA] other than those in the Board's tables?

Compliance > Regulation C - HMDA > FFIEC FAQs
Q:  May a lender use average prime offer rates [for HMDA] other than those in the Board's tables?
 
A:  Yes. A lender may use either the average prime offer rates published by the Board or may determine average prime offer rates by employing the methodology published on the FFIEC web site with the tables. A lender that determines average prime offer rates for itself, however, bears the risk of liability for incorrect calculations.
 

This can be found in FFIEC’s FAQs on HMDA-related questions, which can be found at:  http://www.ffiec.gov/hmda/faq.htm

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