Posts Tagged ‘Federal Financial Institution Examination Council’
The New HMDA Info is Out: Why Do Lenders Ask My Gender?
Ever wonder why the gender and race boxes are on loan applications? Whose business is it whether I am male or female, or which race or ethnic group I am part of? It is your government’s business. The Home Mortgage Disclosure Act, or HMDA was enacted in 1975 in order to protect against “redlining” (geographic…Read More