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As the name implies, HMDA is a disclosure law that relies upon public scrutiny for its effectiveness. It does not prohibit any specific activity of lenders, and it does not establish a quota system of mortgage loans to be made in any Metropolitan Statistical Area (MSA) or other geographic area as defined by the Office of Management and Budget. [3]
Participants were extended low interest loans through the Housing and Urban Development Corporation (HUDCO), a central development finance agency. The Authority is currently in the process of being expanded to form the Hyderabad Metropolitan Development Authority (HMDA).
The FFIEC was given additional statutory responsibilities by section 340 of the Housing and Community Development Act of 1980 to facilitate public access to data that depository institutions must disclose under the Home Mortgage Disclosure Act of 1975 (HMDA) and the aggregation of annual HMDA data, by census tract, for each metropolitan statistical area (MSA).
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The Hyderabad Metropolitan Development Authority (HMDA) is the urban planning agency of Hyderabad in the Indian state of Telangana.The HMDA administers the Hyderabad Metropolitan Region, spread over an area of 7,257 km 2 (2,802 sq mi) and covers the districts of Hyderabad district, Medchal district, part of Rangareddy district, Bhuvanagiri district, Sangareddy district, Medak district and ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
HMDA may refer to: Home Mortgage Disclosure Act Hyderabad Metropolitan Development Authority , an expanded urban planning agency of the city of Hyderabad, India
This consolidated the duties and responsibilities of the Oklahoma Secretary of Human Resources and Administration into those of the Finance Secretary, thereby greatly increasing the duties and authority of the position. Oklahoma state law allows for cabinet secretaries to serve concurrently as the head of a state agency and as a cabinet secretary.