Finance
What is HMDA (Home Mortgage Disclosure Act)?
AA law setting maximum mortgage rates
BA federal law requiring lenders to collect and disclose data on mortgage applications to identify discriminatory lending✓ Correct
CA program providing mortgage assistance
DA regulation governing mortgage servicing
Explanation
HMDA requires financial institutions to collect, report, and disclose data on mortgage loan applications, including applicant demographics and loan outcomes. This data helps regulators identify potential discriminatory lending patterns.
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