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atroni [7]
3 years ago
13

What is the most important reason the Home Mortgage Disclosure Act was signed into law in 1976?

History
1 answer:
kipiarov [429]3 years ago
8 0

Answer:

The Home Mortgage Disclosure  Act known as HMDA was enected by 94th United State Congress. It was an act to extend the authority for flexible regulation of the interest rates on deposits and share accounts in depository institutions, to extend the national commission on electronic fund transfer and to provide home mortgage disclosure.

The most important reason to sign this act was the belief of Congress that some financial institutions worked as catalysts to decline the of some geographical areas by failing to provide housing loan to the proper applicants.

Explanation:

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Alona [7]

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Explanation:

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2 years ago
The East India Company was established by who?
LUCKY_DIMON [66]

Sir John Watts was an English merchant and shipowner, active in the East India Company and Virginia Company and Lord Mayor of London in 1606. hope this helps <3

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3 years ago
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Earnest Gouge’s Totkv Mocvse/New Fire: Creek Folktales is best described as an example of __________.
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A

Explanation:

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2 years ago
The executive branch of each state is responsible for administering the day-to-day operations of government, providing services,
musickatia [10]
The executive branch of each state is responsible for administering the day-to-day operations of government, providing services, and enforce law.
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3 years ago
Which contributions did Kublai Khan make during his rule in China?
zhuklara [117]

Kublai Khan is known and revered for his civilian and administrative, not his military achievements. Grandson of Genghis Khan, Kublai sought to govern rather than to exploit and devastate the vast domains bequeathed to him by two generations of Mongol conquests. He made the transition from a nomadic conqueror from the steppes to effective ruler of a sedentary society. Ironically, however, his reign witnessed the Mongols’ most remarkable military success, the subjugation of the Southern Sung dynasty of China, and simultaneously their greatest military fiascos, the failed naval expeditions against Japan and Java.

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