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V. Lending HMD Home Mortgage Disclosure Act Introduction The Home Mortgage Disclosure Act (HMD) was enacted by the Congress in 1975 and is implemented by the Consumer Financial Protection Bureau (Bureau)Regulation
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V lending - HDMA stands for Home Mortgage Disclosure Act, which requires financial institutions to report information about mortgage lending activity.
Financial institutions that originate mortgage loans are required to file v lending - HDMA.
To fill out v lending - HDMA, financial institutions need to collect and report data on mortgage loan applications, originations, and purchases.
The purpose of v lending - HDMA is to provide the public with information about the mortgage lending practices of financial institutions.
Information such as the number and types of mortgage loans, loan amounts, loan purpose, and applicant demographic information must be reported on v lending - HDMA.
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