In this HMDA video, Adam explains when to use a "refinance" code vs a "cash-out refinance" code and explains that a cash-out refinance is just a subcategory of a refinance. He also discusses which code to use for business purpose loans.

In this HMDA video, Adam talks about the purpose field and the requirements (or lack thereof) for proving the purpose of the application.

In this HMDA video, Adam discusses the "other purpose" field on the HMDA LAR and explains when to use it as well as when to never use it.

In this extended Compliance Clip (about 8 minutes), Adam discusses the new purpose hierarchy in this HMDA video and explains why the CFPB changed the long-standing order of which purposes take priority over other purposes.   This video dives into the rule, commentary, and preamble to give us a full understanding of the new HMDA hierarchy.

This HMDA video focuses on the loan purpose code for business purpose loans. Plus, Adam explains that there is one code you will never use for business purpose loans.

This HMDA video covers the requirements of the application date field for indirect applications.

This HMDA video focuses on the requirements of the application date field for a reinstated application.