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• For HMDA reporting purposes, lenders are required to report lien status for loans they originate and applications that do not result in originations (Codes 1 through 3 are used for these loans; Code 4 is used for purchased loans). Lien status is determined by reference to the best information readily available to the lender at the time final action is taken and to the lender's own procedures. Lien status aids in the interpretation of price data. For more information on lien status, see the HMDA Price Data Frequently Asked Questions (FAQs) section of the following link: http://www.federalreserve.gov/boarddocs/press/bcreg/2006/20060403/attachment.pdf

  Federal Financial Institutions Examination Council - Cite This Source - This Definition
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  Cite Definition for Lien Status

  American Psychological Association (APA)

  Lien Status. (n.d.). Home Mortgage Disclosure Act (HMDA) Glossary. Retrieved June 2, 2023, from website: http://www.expertglossary.com/definition/lien-status.

  Chicago Manual of Style (CMS)

  Lien Status. www.ffiec.gov. Home Mortgage Disclosure Act (HMDA) Glossary. Federal Financial Institutions Examination Council. http://www.expertglossary.com/definition/lien-status (accessed: June 2, 2023).

  Modern Language Association (MLA)

  "Lien Status." Home Mortgage Disclosure Act (HMDA) Glossary. Federal Financial Institutions Examination Council. 2 June. 2023 http://www.expertglossary.com/definition/lien-status.

• Browse Related Terms: Action Taken Date, Action Taken Type, Applicant Ethnicity, Applicant Race, Applicant Sex, Application Received Date, Co-applicant Ethnicity, Co-applicant Race, Co-applicant Sex, Good Faith Estimate (GFE), Gross Annual Income, Lien Status, Loan Application Number, Loan Application Register (LAR), Panel - HMDA Reporter Panel Listing, Reasons for Denial, Respondent Name, Transmittal Sheet (TS), Type of Purchaser