
Protecting Your Institution Against the Next HMDA Firestorm
The proposed HMDA rules calling for far more data collection categories is a game changer that could lead to a replay of 1991, when the initial release of HMDA information ignited a firestorm of fair lending litigation. Now may be the time to run your institution's numbers using the proposed categories to see if there are disparities that should be addressed now before it starts to get toasty. [8/18/14]