The Home Mortgage Disclosure Act was enacted by Congress in 1975 and is implemented by the Federal Reserve Board's Regulation C. This regulation provides the public with loan data that can be used to assist: in determining whether financial institutions are serving the housing needs of their communities; public officials in distributing public-sector investments so as to attract private investment to areas where it is needed; and in identifying possible discriminatory lending patterns. This regulation applies to certain financial institutions, including banks, savings associations, credit unions, and other mortgage lending institutions.

Tabulations of Home Mortgage Disclosure Act (HMDA) data for metropolitan statistical areas (MSAs) in New England:

Additional tabulations are available from Federal Financial Institutions Examination Council (FFIEC). 1999-2003 Home Mortgage Disclosure Act (HMDA) Data: New England   Total Applications and Actions PDF Rates of Application Actions PDF MSA Detail: Total Applications PDF MSA Detail: Origination Rates PDF MSA Detail: Denial Rates PDF Income Level   Applications by Income Level PDF Originations by Income Level PDF Disposition of Applications by Income Level PDF Origination Rates by Income Level PDF Denial Rates by Income Level PDF MSA Detail: Percentage of Applications from LMI Households PDF MSA Detail: Percentage of Originations to LMI Households PDF MSA Detail: Origination Rates by LMI Status PDF MSA Detail: Denial Rates by LMI Status PDF Race/Ethnicity   Disposition of Applications by Race/Ethnicity PDF Disposition of Applications by Race/Ethnicity (MSA areas only) PDF Applications by Race/Ethnicity PDF Applications by Race/Ethnicity (MSA areas only) PDF Originations by Race/Ethnicity PDF Originations by Race/Ethnicity (MSA areas only) PDF Origination Rates by Race/Ethnicity PDF Denial Rates by Race/Ethnicity PDF MSA Detail: Application Volume by Race/Ethnicity PDF MSA Detail: Origination Rate, Selected Races/Ethnicities PDF MSA Detail: Denial Rate, Selected Races/Ethnicities PDF MSA Detail: Origination and Denial Rate Gaps with Whites for Blacks and Hispanics PDF Race/Ethnicity and Income   Applications by Race/Ethnicity and LMI Status (MSA areas only) PDF Originations by Race/Ethnicity and LMI Status (MSA areas only) PDF Application Disposition Rates by Race/Ethnicity and Income Level PDF Share of Applications from Each Income Level, by Race/Ethnicity and Income Level (MSA areas only) PDF Share of Originations from Each Income Level, by Race/Ethnicity and Income Level (MSA areas only) PDF MSA Detail: Rate Gaps with Whites for Blacks and Hispanics PDF MSA Detail: Rate Gaps between Non-LMI and LMI for Blacks, Hispanics, and Whites PDF MSA Detail: Applications, by Race/Ethnicity and LMI Status PDF MSA Detail: Origination Rate, by Race/Ethnicity and LMI Status PDF MSA Detail: Denial Rate, by Race/Ethnicity and LMI Status PDF Data Source: 1999-2003 Home Mortgage Disclosure Act (HMDA) Data Note: Please note that "Home Mortgage Disclosure Act data has limitations that make them an inadequate basis, absent other information, for concluding that an institution has not assisted adequately in meeting its community's credit needs or has engaged in illegal lending discrimination." (The Board of Governors of the Federal Reserve System).