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This document serves as the annual financial report for the Delphi Public Library for the fiscal year ending 2010, detailing receipts, disbursements, cash balances, and investment balances.
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What is LAR-1 (REVISED 2009)?
LAR-1 (REVISED 2009) is a reporting form used by financial institutions to submit data regarding their lending activities, particularly for monitoring compliance with fair lending laws and regulations.
Who is required to file LAR-1 (REVISED 2009)?
Financial institutions that meet certain criteria, such as being federally insured or having certain thresholds of loan origination, are required to file LAR-1 (REVISED 2009).
How to fill out LAR-1 (REVISED 2009)?
To fill out LAR-1 (REVISED 2009), institutions must collect and report specific data points related to each mortgage application and loan, following the detailed instructions provided with the form.
What is the purpose of LAR-1 (REVISED 2009)?
The purpose of LAR-1 (REVISED 2009) is to ensure transparency in lending practices and help monitor compliance with fair lending laws, providing data that can be used to identify discriminatory lending patterns.
What information must be reported on LAR-1 (REVISED 2009)?
LAR-1 (REVISED 2009) requires reporting information such as the loan amount, the location of the property, the race and ethnicity of the borrower, and whether the loan was approved or denied.
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