An Act to extend the authority for the flexible regulation of interest rates on deposits and share accounts in depository institutions, to extend the National Commission on Electronic Fund Transfers, and to provide for home mortgage disclosure.
Enacted by
the 94th United States Congress
Effective
December 31, 1975
Citations
Public law
94-200
Statutes at Large
89 Stat. 1124
Codification
Titles amended
12 U.S.C.: Banks and Banking
U.S.C. sections created
12 U.S.C. ch. 29 §§ 2801-2811
U.S.C. sections amended
12 U.S.C. ch. 3 § 461 et seq.
Legislative history
Introduced in the Senate as S. 1281 by William Proxmire (D–WI) on March 21, 1975
Committee consideration by Senate Banking, Housing, and Urban Affairs, House Banking, Currency, and Housing
Passed the Senate on September 4, 1975 (45-37)
Passed the House on October 31, 1975 (177-147, in lieu of H.R. 10024)
Reported by the joint conference committee on December 12, 1975; agreed to by the Senate on December 15, 1975 (agreed) and by the House on December 18, 1975 (agreed)
Signed into law by President Gerald Ford on December 31, 1975
The Home Mortgage Disclosure Act (or HMDA, pronounced HUM-duh) is a United States federal law that requires certain financial institutions to provide mortgage data to the public. Congress enacted HMDA in 1975.[1]
^Home Mortgage Disclosure Act of 1975
and 26 Related for: Home Mortgage Disclosure Act information
The HomeMortgageDisclosureAct (or HMDA, pronounced HUM-duh) is a United States federal law that requires certain financial institutions to provide mortgage...
Opportunity Act prohibits creditors from denying a person credit because of age, race, sex, or marital status. HomeMortgageDisclosureAct of 1975 Shear...
high-cost mortgage loans, TILA does not regulate the charges that may be imposed for consumer credit. Rather, it requires uniform or standardized disclosure of...
the national fight for the US federal HomeMortgageDisclosureAct (HMDA) of 1975 and the Community Reinvestment Act (CRA) of 1977. The CRA requires banks...
mortgage interest rates is 0.39%, which translates to a difference of $5,749 on the median home loan payment of a 30-year mortgage of a $53,882 home....
Fair Housing Act of 1968, the Equal Credit Opportunity Act of 1974 and the HomeMortgageDisclosureAct of 1975 (HMDA). The Fair Housing Act and the Equal...
Opportunities Act of 1974 Equal Credit Opportunity Act Milliken v. Bradley Maynard Jackson George Jackson Brigade HomeMortgageDisclosureAct Livernois–Fenkell...
compliance and disclosure from lenders and advisers to all borrowers. Borrowers should seek credit advice from an accredited reverse mortgage specialist before...
to data that depository institutions must disclose under the HomeMortgageDisclosureAct of 1975 (HMDA) and the aggregation of annual HMDA data, by census...
A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions...
The United States Gold Reserve Act of January 30, 1934 required that all gold and gold certificates held by the Federal Reserve be surrendered and vested...
the Glass–Steagall Act in 1999, banking practices (mostly Greenspan-inspired "self-regulation") and monetized subprime mortgages sold as low risk investments...
Banking Act (EBA) (the official title of which was the Emergency Banking Relief Act), Public Law 73-1, 48 Stat. 1 (March 9, 1933), was an act passed by...
inflation", and indicated a reduction in quantitative easing (QE) and mortgage-backed security (MBS) purchases due to high inflation, with the consumer...
to the Federal Reserve Act until the Banking Act of 1935 (P.L. 74-305, 49 Stat. 684). Upon enactment of the Federal Reserve Act on December 23, 1913, the...
United Kingdom and Canada. Due to a credit crunch caused by the subprime mortgage crisis in September 2007, the Federal Reserve began cutting the federal...
number of roles in the response to the financial crisis and the subprime mortgage crisis that preceded it, most notably administering the TARP. Kashkari...
Economic Data Inverted yield curve Modern Monetary Theory Monetary policy Mortgage industry of the United States Official cash rate Official bank rate Real...
Reinvestment Act (ARRA). It was triggered by a large decline in US home prices after the collapse of a housing bubble, leading to mortgage delinquencies...
twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary...
protection, such as the Truth in Lending, Equal Credit Opportunity, and HomeMortgageDisclosure Acts. Many of these consumer protection regulations apply to various...
United States money supply. Under the terms of the original Federal Reserve Act, each of the Federal Reserve banks was authorized to buy and sell in the...
circumstances, like restraining the demand for housing and high-risk mortgages. In July 2009, Yellen was mentioned as a potential successor to Chairman...
of money available to spend. This decrease in the amount of money would act to reduce the inflationary pressure. Supplementing the use of gold in this...
Michael. Fundamentals of Economics (6th ed.). p. 329. "Base rate change and mortgages |About the Bank of England base rate". Barclays Bank. ( Quarterly means...
Global Information