How should a sale to a subsidiary of a depository institution be [HMDA] coded?

Compliance > Regulation C - HMDA > FFIEC FAQs
Q:  How should a sale to a subsidiary of a depository institution be [HMDA] coded?
 
A:  Use code '6' if the subsidiary is, itself, a depository institution (a commercial bank, savings bank, or savings association). If the subsidiary is not a depository institution, such as a mortgage company or finance company, use code '7'. If the subsidiary is an institution of a type other than the types identified in codes '6' and '7', however, use code '9.' Notwithstanding the foregoing, if the subsidiary is an affiliate of the seller, itself, then use code '8'.
 

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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