Each year thousands of banks and other financial institutions report data about mortgages to the public, thanks to the Home Mortgage Disclosure Act, or “HMDA” for short. These public data are important because:
- Help show whether lenders are serving the housing needs of their communities;
- Give public officials information that helps them make decisions and policies; and
- Shed light on lending patterns that could be discriminatory"
http://www.consumerfinance.gov/hmda/explore
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