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How the Home Mortgage Disclosure Act (HMDA) Works

How the Home Mortgage Disclosure Act (HMDA) Works

by Chinedu Nnadi | Jul 19, 2024 | RADD BUZZ

The Home Mortgage Disclosure Act (HMDA), enacted in 1975, is essential for lenders in the housing market, ensuring fair lending and transparency through public data disclosure. Compliance with HMDA, while complex, helps avoid penalties and build community trust. At...

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