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It just occured to me that I didn't even mention the original "purpose" of the HMDA reporting laws. Never was this originally set out to ever have any effect on the outcome of the underwriting (approved, denied, ect) It was simply going to be a tool to make sure that lenders weren't discriminating when it came to borrowing out money.
However, due to suble changes throughout the years since it's inception, suddenly there are lending decisions based on race/sex.
Sorry about that, being in the business I sometimes overlook things that I know and realize that it certainly isn't common knowledge...
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