HMDA orThe Home Mortgage Disclosure Act is a United States federal law that requires certain financial institutions like banks and credit unions to provide mortgage data to the public such as race ,gender and financial earnings.... When you study the HMDA act data from the past it shows clearly that these banks and credit unions and financial institutions are very well racist to the families that come in for loans.... It shows clearly that white folks that were less qualified than those blacks a

In case you missed it, most of Charlotte's largest lenders reduced their mortgage denial disparity rates in 2020, according to a WCNC Charlotte analysis of newly released Home Mortgage Disclosure Act data. However, the data show those lenders, on average, still denied Black applicants twice as often as their white counterparts last year. A senior adviser for the new U.S. Department of Housing and Urban Development secretary told WCNC Charlotte closing that gap is "a priority" for the Biden Admin