hmdareform_sept2010_smith.jpg

Why we must reform the Home Mortgage Disclosure Act

|
Mortgage Lending

hmdareform_sept2010_smith_0.pdf

This fact sheet describes the Home Mortgage Disclosure Act (HMDA) and outlines key reforms that must be made to HMDA, including improving the collection of data on borrower income and debt-to-income ratios, closing gaps in types of loans that are required to be reported, and reporting additional data for purchased loans.

Next
Study: Mortage Modifications Decrease In Chicago Region (Progress Illinois)
Previous
Why we must modernize CRA: We can’t tell if all communities have access to basic banking services

Recent Related Articles