It's too late to change the 1992 HMDA data about to be made public, but bank compliance officers should prepare for more intensive exams sure to be triggered by reports showing poor performance.

Preliminary studies of the 1992 data reveal that disparities in lending between whites and minorities have not improved substantially over the 1990 and 1991 data. If the early findings are borne out when the full data, due in early November, are released, institutions can expect more intensive fair lending exams.

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