Finance
Under the Home Mortgage Disclosure Act (HMDA), Maryland lenders must report:
AAll commercial real estate loans
BData on mortgage applications, approvals, and denials to identify potential lending discrimination patterns✓ Correct
CAll property sales over $500,000
DCommission payments to real estate agents
Explanation
HMDA requires covered lenders to collect and report data on mortgage loan applications and decisions, enabling regulators and the public to detect patterns of potential lending discrimination.
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