HMDA Price Data Disclosure The importance of effective risk management is brought into sharp focus by the imminent public release of home mortgage price data by lenders such as your organizations. Lenders covered by HMDA will have to make additional information about their home loans, including, for the first time, price information, available to the public as early as today.
Above all, this means taking swift action and proceeding vigorously with the restructuring of the failing institutions, in a way that promotes the elimination of excess capacity and that pays due regard to fair competition. Above all, shareholders and management must pay, and be seen to pay, the price when things go wrong.