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Home » Store » Taxable » Fed Will Issue Its Own HMDA Report to Offset Possible Misunderstanding of Subprime Numbers

Fed Will Issue Its Own HMDA Report to Offset Possible Misunderstanding of Subprime Numbers

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Responding to concerns that the new pricing data collected under the Home Mortgage Disclosure Act may be misinterpreted when it’s released later this year, the Federal Reserve Board is preparing its own analysis of the data and an explanation of its limitations, particularly with respect to subprime lending. The report will likely be released during the summer of 2004, spokeswoman Susan Stawick said. The analysis would supplement the annual report on aggregate HMDA data that…
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