what is the regulation letter for the hmda 
the home mortgage disclosure act falls under the federal reserve s regulation c this regulation requires the annual disclosures of residential mortgage loan data from financial institutions data reported includes details about applicants and loan types among others the data is used by different entities including regulators and watchdogs who ensure that lenders are meeting the needs of the communities they serve the bottom linemany consumers probably aren t familiar with the home mortgage disclosure act this law was passed and approved by congress to help bring transparency to the mortgage lending market the government also enacted the law to help ensure that lenders approve or deny different types of mortgage applications fairly and justly data is collected from financial institutions each year and compiled for review it includes application and applicant details 