If a customer purchases an eligible item during a sales tax holiday, but after the sales tax holiday returns the item and receives a credit toward the subsequent purchase of a different item, the purchase of that item does not qualify for the exemption even if it is an eligible item.
loan amortization schedule. Definition. Schedule of loan payments that shows due dates and the amount of money that will applied to the principal and the amount that will go towards the interest. This schedule may be adjusted if a borrower pays more than expected during a specific billing period.
requests under a preapproval program (as defined in Â§203.2(b)) if the preapproval request is denied or results in. the origination of a home purchase loan. HMDA requires lenders to report the ethnicity, race, gender, and gross. income of mortgage applicants and borrowers. Lenders must also report information regarding the pricing of the. loan and whether the loan is subject to the Home Ownership and Equity Protection Act, 15 U.S.C. 1639. Additionally, lenders must identify the type of purchaser for mortgage loans that they sell. Some lenders have. the option of indicating the reasons for their decisions to deny a loan application.