One of the primary concerns with HMDA is the lack of useful information about the cost of home loans. While the Home Mortgage Disclosure Act requires lenders to provide a certain amount of information, it also requires lenders to report the total amount of interest they paid for the mortgage. The new law will help policymakers track important...

The Home Mortgage Disclosure Adjustment Act protects borrowers from unscrupulous lenders by requiring certain lenders to make full disclosure of all loan changes to homeowners. To qualify for this tax deduction, the lender must meet certain requirements. Homeowners need not sign a blank form to request the information. To receive the maximum tax...

There's a lot of talk in the financial community about a new regulation known as the home mortgage disclosure adjustment. The Act was enacted by Congress in October 2016 and is meant to make sure that consumers are fully aware of all the important information about their homes. However, it's unclear how this regulation will impact the way...