On April 12, the Board of Governors of the Federal Reserve System, the Department of Housing and Urban Development, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency and the Office of Thrift Supervision (collectively, the Agencies) announced the availability of the 2006 home loan data disclosed pursuant to the Home Mortgage Disclosure Act (HMDA).

Enacted in 1975, HMDA requires “most mortgage lenders located in metropolitan areas to collect data about their housing-related lending activity, report the data annually to the government, and make the data publicly available in a modified Loan Application Register.”

HMDA information may be used by the Agencies to “facilitate fair lending supervision and enforcement” as HMDA data “are analyzed in conjunction with other factors to assess an institution’s level of risk for lending discrimination.”