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Under the Home Mortgage Disclosure Act (HMDA), does the bank report the rates on a loan only if the annual rate (APR) is above the Average Prime Offer Rate (APOR) threshold?

No. If the loan is related to a covered transaction that is subject to Regulation Z and is not otherwise excluded (e.g., a reverse mortgage, assumption or purchased loan), then a reporting institution discloses a rate spread, regardless of the APOR. In addition, if the APR is less than the APOR, the rate spread is reported as a negative number.

See 4.2.2 – Filing instructions guide for HMDA data collected in 2018 - specifically 2-59 starting at the bottom of page 74. (May 2018)

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