Since 1975, civil rights groups, fair housing organizations, and community groups have used data collected under the Home Mortgage Disclosure Act to hold lenders responsible for engaging in discriminatory and predatory lending.  However, we believe HMDA could be improved.  To read our suggestions please click here and to read the suggestions of NFHA colleague Dr. Cal Bradford (submitted on behalf of National People’s Action), please click here.

Under the recently passed Dodd-Frank Act, the Obama administration is required to provide Congress with a proposal for ways in which it will reform the secondary housing market.  This proposal will have enormous fair housing impacts:  under the current regime, GSEs like Fannie Mae and Freddie Mac have played a tremendous role in determining the availability and accessibility to underserved areas, including communities of color.  Other secondary market issues have impacts on whether and how segregation will be reduced or reinforced.  For NFHA’s comments on key fair housing issues related to the secondary market, please click here.