§ 7118. Compilation of Loan Data.
21 CA ADC § 7118Barclays Official California Code of Regulations
21 CCR § 7118
§ 7118. Compilation of Loan Data.
(A) If the property is located in a county with a population of 30,000 or less (according to 1990 Census of Population, General Population, Characteristics of Inhabitants, CP90-1-1, Prepared by the Bureau of Census, Department of Commerce) or in an area which has not been assigned census tracts, itemization by county shall be used instead of itemization by census tract.
(D) Total loan applications received and loans made on one- to four-unit dwellings (from category (C) above) made to any borrower who did not, at the time of the loan application, intend to use the property as a principal dwelling. This information is not required for applications or loans on property in the outside-MSAs category described in paragraph (b)(1)(B) of this section.
(2) The lender shall use the census tract numbers and boundaries on the census tract maps in the “1990 Census of Population and Housing, Census Tracts, “1990 CPH3” series prepared by the Bureau of Census. If a census tract number is duplicated within an MSA, then the census tract shall also be identified by county, city or town name.
Credits
Note: Authority cited: Section 35814, Health and Safety Code. Reference: Sections 35815 and 35816, Health and Safety Code.
History
1. New section filed 8-28-89; operative 9-27-89 (Register 89, No. 37).
2. Change without regulatory effect amending subsections (b)(1)(A) and (d)(2) filed 1-10-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 2).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 21, § 7118, 21 CA ADC § 7118
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