The Home Mortgage Disclosure Act (HMDA) requires a lot of information from both depository and non-depository lenders that can take a lot of time and energy to compile. If lenders do not disclose all of this information, it can mean… Read More
Posts Tagged ‘the Home Mortgage Disclosure Act’
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Micro Records: The Mortgage Industry and Technology
The mortgage industry is not only full of detailed paperwork, but it is also regulated by the Federal Reserve Board and the Home Mortgage Disclosure Act (HMDA) of 1975, which requires lending agencies to collect and disclose all information about… Read More