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This document is an annual financial report for Berne Public Library, detailing receipts, disbursements, cash balances, and investments for the fiscal year ended 2010, prescribed by the State Board
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What is LAR-1 (REVISED 2009)?
LAR-1 (REVISED 2009) is a standardized reporting form used by financial institutions to report their lending activities, focusing on compliance with fair lending laws.
Who is required to file LAR-1 (REVISED 2009)?
Financial institutions that meet certain thresholds for home purchase, home improvement, and refinancing loans are required to file LAR-1 (REVISED 2009), particularly those subject to the Home Mortgage Disclosure Act (HMDA).
How to fill out LAR-1 (REVISED 2009)?
To fill out LAR-1 (REVISED 2009), institutions must collect and provide specific loan application data, including loan type, applicant demographics, property location, and outcome of the application. Care should be taken to ensure accuracy and completeness per regulatory guidelines.
What is the purpose of LAR-1 (REVISED 2009)?
The purpose of LAR-1 (REVISED 2009) is to promote transparency in lending practices, facilitate the enforcement of fair lending laws, and provide data that can be used to assess lending patterns and potential discrimination.
What information must be reported on LAR-1 (REVISED 2009)?
Information that must be reported on LAR-1 (REVISED 2009) includes loan amounts, application dates, borrower demographics, property types, geographic location of properties, and the disposition of loan applications.
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