Posts Tagged ‘FFIEC’

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