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Home Mortgage Disclosure Act
(redirected from Home Mortgage Disclosure Act of 1975)

    Also found in: Wikipedia 0.01 sec.
Home Mortgage Disclosure Act

A federal law requiring lenders with federally related loans to report the number of mortgage loan applications and the number of actual mortgage loans in different parts of their service areas.The Act is designed to shed light on discriminatory practices and thereby eliminate them. Reports are available on the Web site of the Federal Financial Institutions Examination Council,www.ffiec.gov/hmda.



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