Home Mortgage Disclosure (Reg. C)
SUPPLEMENT I TO PART 1003—STAFF COMMENTARY
Section 1003.4—Compilation of Loan Data
4(d) Excluded data.
Mergers, purchases in bulk, and branch acquisitions. If a covered institution acquires loans in bulk from another institution (for example, from the receiver for a failed institution) but no merger or acquisition of the institution, or acquisition of a branch, is involved, the institution reports the loans as purchased loans.