WebOther articles where Home Mortgage Disclosure Act is discussed: redlining: The Home Mortgage Disclosure Act (HMDA) of 1975 required lending institutions to report public loan data, while the Community Reinvestment Act of 1977 was intended to encourage banks and other financial institutions to help meet the credit needs of the communities in which they … WebThis report describes current issues and recent changes to the Home Mortgage Disclosure Act (HMDA) of 1975. Also included are brief explanations of how recent reporting revisions may affect the reporting of loans covered by the Home Ownership and Equity Protection Act of 1994 as well as those insured by the Federal Housing Administration.
12 CFR Part 1003 - Home Mortgage Disclosure (Regulation C)
WebFDIC: Federal Deposit Insurance Corporation Webto help banks comply with the Home Mortgage Disclosure Act (HMDA) and Regulation C, its implementing regulation (12 CFR 1003). The 2024 guide re fl ects a 2024 HMDA rule to adjust the loan volume thresholds effective January 1, 2024, for reporting data about open-end lines of credit. 1 2 RESCINDED . Replaced See OCC 2024-10 i can hear fuel pump working but won\\u0027t start
Background and Purpose of HMDA - Federal Financial …
WebJan 28, 2024 · The Home Mortgage Disclosure Act (HMDA) is a federal law passed in 1975 that requires mortgage lenders to collect and report loan-level data points about their portfolios and practices. HMDA ... WebJun 15, 2024 · The FFIEC was given additional statutory responsibilities by section 340 of the Housing and Community Development Act of 1980 to facilitate public access to data that depository institutions must disclose under the Home Mortgage Disclosure Act of 1975 (HMDA) and the aggregate of annual HMDA data, by census tract, for each metropolitan … WebSigned into law by President Gerald Ford on December 31, 1975. The Home Mortgage Disclosure Act (or HMDA, pronounced HUM-duh) is a United States federal law that … i can hear fuel pump working but won\u0027t start