Final answer:
Anytown Financial must report 'not applicable' or a similar term for the type of purchaser if they originate a loan and do not sell it within the same calendar year, as it remains an asset of the bank.
Step-by-step explanation:
When Anytown Financial originates a loan and chooses not to sell it during the same calendar year, it should report 'not applicable' or a similar term for the type of purchaser since the loan remains an asset on the bank's books rather than being sold in the secondary loan market. In the financial capital market, when a bank provides a loan, it's initially part of the primary loan market.
Such a loan is an asset to the bank as it represents a legal obligation for the borrower to make payments over time. Should the bank decide to sell the loan, it would then enter the secondary market where other financial institutions can buy it. In this scenario, since the loan has not been sold, there is no purchaser to report.