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02-05-2019
History

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What is the most important reason the Home Mortgage Disclosure Act was signed into law in 1976?

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18-01-2021

Answer:

The Home Mortgage Disclosure Act (HMDA) is a law passed in 1975 that mandates mortgage lenders maintain certain records. The goal is to create greater transparency and to protect borrowers in the residential mortgage market.

Explanation:

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