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      • The Home Mortgage Disclosure Act falls under the Federal Reserve's Regulation C. This regulation requires the annual disclosures of residential mortgage loan data from financial institutions. Data reported includes details about applicants and loan types among others.
      www.investopedia.com/terms/h/home-mortgage-disclosure-act-hmda.asp

      Home Mortgage Disclosure Act (HMDA): Protection for Borrowers

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  3. www.consumerfinance.gov › compliance › complianceHome Mortgage Disclosure Act FAQs | Consumer Financial ...

    Nov 10, 2021 · For consistency of data across all HMDA reporting financial institutions, the Bureau suggests, but does not require, that financial institutions use code 2. Appendix B to Part 1003 provides instructions and a sample form for data collection on ethnicity, race, and sex.

  4. www.investopedia.com › terms › hHome Mortgage Disclosure Act (HMDA): Protection for Borrowers

    • What Is The Home Mortgage Disclosure Act (Hmda)?
    • Understanding The Home Mortgage Disclosure Act
    • HMDA Reporting
    • The Bottom Line

    The Home Mortgage Disclosure Act (HMDA) is a federal law that requires mortgage lenders to keep records of key pieces of information regarding their lending practices. Lenders must submit these records to regulatory authorities. Established in 1975, the HMDA was implemented by the Federal Reserve through Regulation C. In 2011, the rule-writing auth...

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    The Home Mortgage Disclosure Act was passed by Congress in 1975 and went into effect under the Fed's Regulation C. It was developed to address concerns and monitor the geographic targets of mortgage lenders by providing a way to identify predatory or discriminatory lending practices, and to report statistics on the mortgage market to the government...

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    In April 2020, the CFPB issued a final rule raising the data-reporting thresholds for collecting and reporting data about closed-end mortgageloans under the HMDA from 25 to 100 loans effective July 1, 2020. In accordance with the HMDA, lenders must submit the following data: Lenders must submit a reason why a loan was denied. Under HMDA and Regulat...

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    Many consumers probably aren't familiar with the Home Mortgage Disclosure Act. This law was passed and approved by Congress to help bring transparency to the mortgage lending market. The government also enacted the law to help ensure that lenders approve or deny different types of mortgage applications fairly and justly. Data is collected from fina...

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  6. ffiec.cfpb.govHMDA - Home Mortgage Disclosure Act

    The Home Mortgage Disclosure Act. HMDA requires many financial institutions to maintain, report, and publicly disclose information about mortgages. We will be performing scheduled system maintenance on September 25 from 6PM - 8PM EST.

  7. www.consumerfinance.gov › compliance › complianceHome mortgage disclosure reporting requirements (HMDA)

    Mar 15, 2023 · Home mortgage disclosure reporting requirements (HMDA) Resources to help industry understand, implement, and comply with the Home Mortgage Disclosure Act and Regulation C. Featured topic. On March 15, 2023, the CFPB published the 2023 HMDA Institutional Coverage Chart and 2023 HMDA Transactional Coverage Chart . Rule.

  8. en.wikipedia.org › wiki › Home_Mortgage_Disclosure_ActHome Mortgage Disclosure Act - Wikipedia

    The Home Mortgage Disclosure Act (or HMDA, pronounced HUM-duh) is a United States federal law that requires certain financial institutions to provide mortgage data to the public. Congress enacted HMDA in 1975.

  9. www.consumerfinance.gov › data-research › hmdaHome Mortgage Disclosure Act (HMDA) Data | Consumer Financial ...

    The Home Mortgage Disclosure Act (HMDA) requires many financial institutions to maintain, report, and publicly disclose loan-level information about mortgages.

  10. www.ffiec.gov › hmda › pdfA GUIDE TO HMDA Reporting - Federal Financial Institutions ...

    Home Mortgage Disclosure Act (HMDA) as implemented by the Consumer Financial Protection Bureau’s Regulation C, 12 CFR Part 1003 (Regulation C). The purpose of this Guide is to provide an easy-to-use summary of certain key requirements. This Guide does not provide detailed information about the HMDA submission process, or