Are nursing homes, dormitories, fraternity / sorority houses, assisted living and retirement homes to be reported on HMDA?

Compliance > Regulation C - HMDA > CRA HMDA Reporter
Q:  Are nursing homes, dormitories, fraternity / sorority houses, assisted living and retirement homes to be reported on HMDA?
 
A:  Nursing homes, dormitories and sorority/fraternity houses are viewed as temporary housing and are not HMDA reportable since they were not built for permanent residency. In addition, a nursing home is more like a hospital in that it provides medical care, which is usually constant and extensive. 
 
Assisted living and retirement homes are viewed as dwellings that individuals reside in permanently and are HMDA- reportable. In fact, in most cases the “home place” has been sold by the individuals who choose these homes as their new “permanent” dwellings.
 

This can be found in FFIEC’s CRA HMDA Reporter - 2000, which can be found at:  http://www.ffiec.gov/hmda/pdf/00news.pdf

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