Under HMDA Regulation C, lenders are required to report what type of data?

• A. Mortgage investment data
• B. Credit scores
• C. Private loan data
• D. Public loan data

Answer: (D)

Under HMDA Regulation C, the data lenders must report are loan-level records that are released to the public. The goal of this reporting is to provide transparency about mortgage lending, so researchers, policymakers, and the public can analyze patterns in who gets loans, where those loans are located, and how different groups are treated in the lending process. The data include details about the loan, the property, and the borrower demographics, all published for public use to support fair lending oversight. That’s why the best choice describes the data as public loan data. Other options point to data types that aren’t the focus of HMDA reporting, such as private data or data like credit scores, which HMDA does not require to be reported for public disclosure.