IDEAS home Printed from https://ideas.repec.org/a/jre/issued/v29n42007p381-398.html
   My bibliography  Save this article

The Home Mortgage Disclosure Act: A Synopsis and Recent Legislative History

Author

Listed:
  • Patricia A. McCoy

    (University of Connecticut School of Law, 65 Elizabeth Street, Hartford, CT 06105)

Abstract

This article describes the provisions of the federal Home Mortgage Disclosure Act (HMDA), tracing its legal evolution since 1989, when Congress expanded HMDA to require reporting of home mortgage lending by ethnicity and race. HMDA requires most lenders to report the demographic makeup and geographic distribution of home mortgages to the federal government. The 1989 amendments and later developments transformed HMDA from a law exclusively concerned with geographic disinvestment to one concerned with lending disparities by ethnicity and race. In the process, HMDA evolved from an obscure reporting statute to a flashpoint for debates over lending discrimination and subprime lending.

Suggested Citation

  • Patricia A. McCoy, 2007. "The Home Mortgage Disclosure Act: A Synopsis and Recent Legislative History," Journal of Real Estate Research, American Real Estate Society, vol. 29(4), pages 391-398.
    • Handle: RePEc:jre:issued:v:29:n:4:2007:p:381-398
    as

    Download full text from publisher

    File URL: http://pages.jh.edu/jrer/papers/pdf/past/vol29n04/03.381_398.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mark W. Olson, 2006. "Home Mortgage Disclosure Act: testimony before the Subcommittee on Financial Institutions and Consumer Credit, Committee on Financial Services, U.S. House of Representatives, June 13, 2006," Speech 207, Board of Governors of the Federal Reserve System (U.S.).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richter, Francisca G.-C. & Craig, Ben R., 2013. "Lending patterns in poor neighborhoods," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 197-206.
    2. Zsuzsa Huszár & George Lentz & Wei Yu, 2012. "Does mandatory disclosure affect subprime lending to minority neighborhoods?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 36(4), pages 900-924, October.
    3. Gayatri Kawlra & Kazuki Sakamoto, 2023. "Spatialising urban health vulnerability: An analysis of NYC’s critical infrastructure during COVID-19," Urban Studies, Urban Studies Journal Limited, vol. 60(9), pages 1629-1649, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      JEL classification:

      • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:29:n:4:2007:p:381-398. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: JRER Graduate Assistant/Webmaster (email available below). General contact details of provider: http://www.aresnet.org/ .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.