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1 . ) Explain the purpose of the Home Mortgage Disclosure Act. 2 . ) How does HMDA impact a neighborhood or community? Include examples

1.) Explain the purpose of the Home Mortgage Disclosure Act.
2.) How does HMDA impact a neighborhood or community? Include examples with your explanation.
3.) Does the reporting of HMDA data to the federal government impact the lender? If yes, how?

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