use of old race/national origin categories. In 2004, may a lender take an application using an application form containing the old race and national origin categories?
No, after 2003 a lender must use application forms with the revised race and ethnicity categories. A lender may not, for example, use application forms with the old categories to exhaust its supply of forms. If a lender provides a consumer an application form with the old categories in 2003, the completed form is dated in 2003, and the lender receives the application in 2004, the lender may use conversion rules published with the transition guidance. Lenders and brokers are responsible for ensuring, however, that application forms provided to consumers on and after January 1, 2004, contain the revised categories.
