The Federal Reserve Board has asked a number of state member banks to explain their lending practices in order to shed light on the significant disparities in higher-cost loans among minorities and white borrowers reflected in their 2004 Home Mortgage Disclosure Act report to federal banking regulators. The Fed disclosed the probes in its analysis of the impact of new information, including loan level pricing, which lenders reported for the first time in their 2004… [Two data tables included]