Explaining How FDIC Uses HMDA Data as a Fair Lending Enforcement Tool

Congress definitely has an interest in fair lending and consumer protection.  The federal banking agencies have an interest in explaining how they're right on top of the predatory lending problems.  Here's a link to FDIC's Director of Consumer Protection Sandra Thompson's Congressional testimony:  http://www.fdic.gov/news/news/speeches/chairman/spjul2507.html

(ag) July 31, 2007, in FDIC/Lending Issues