Category : Checkcity Payday Loans

National Monitoring Information criteria Under the HMDA while the ECOA

National Monitoring Information criteria Under the HMDA while the ECOA By Aaron Thompson, Senior Examiner, Federal Reserve Bank of Richmond Introduction National monitoring information (GMI) is the loan applicant demographic data creditors must gather under Regulation B, which implements the Equal Credit chance Act (ECOA), and Regulation C, which implements the house Mortgage Disclosure Act