Home Mortgage Disclosure Act

These data help show whether lenders are serving the housing needs of their communities.

Home mortgage disclosure act. 28 2015 make the following corrections. The home mortgage disclosure act hmda requires many financial institutions to maintain report and publicly disclose loan level information about mortgages. Hmda grew out of public concern over credit shortages in certain urban neighborhoods.

The goal is to create greater transparency and borrower protections in the. They give public officials information that helps them make decisions and policies. Home mortgage disclosure act regulation c.

Available below are the data and reports for hmda data collected in or after 2017. The home mortgage disclosure act hmda was enacted by congress in 1975 and was implemented by the federal reserve board s regulation c. The home mortgage disclosure act.

The data and reports can be used along with the census demographic information for data analysis purposes. On july 21 2011 the rule writing authority of regulation c was transferred to the consumer financial protection bureau cfpb. On august 21st 2020 the bureau released the 2021 fig and the supplemental guide for quarterly filers for 2021.

And they shed. 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. The home mortgage disclosure act hmda was enacted by congress in 1975 and was implemented by the federal reserve board s regulation c.

On page 66256 in the second column in the nineteenth line i. 10 2015 in rule document 2015 26607 beginning on page 66128 in the issue of wednesday oct. The hmda data and reports are the most comprehensive publicly available information on mortgage market activity.