Hmda
/ˈeɪtʃˌɛmˌdiːˈeɪ/
Definitions
- (n.) Home Mortgage Disclosure Act, a U.S. federal statute requiring financial institutions to disclose mortgage lending data to ensure compliance with anti-discrimination laws.
Banks must report loan data annually under HMDA to promote transparency and detect discriminatory lending.
Forms
- hmda
Related terms
See also
Commentary
Acronym commonly used in financial regulatory and fair lending contexts; often appears in uppercase as HMDA.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.