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Highlights the results of a research relating to the proposals to revise the regulations that implement the Community Reinvestment Act (CRA) in the United States. Need for federally insured banking institutions to be evaluated on their records of helping to meet the credit needs of their local communities, including low- and moderate-income neighborhoods; Brief description of the CRA; Large- and small-institution evaluation; Agencies' proposals to amend the CRA regulations. INSETS: The Large-Institution Evaluation;The Small-Institution Evaluation.

Discusses the new information requirements under Home Mortgage Disclosure Act and its application in fair lending enforcement in the U.S. Expansion of coverage to more nondepository lenders; Revision of the definition of application to include certain requests for pre-approvals; Compulsory collection of lien status, property code and loan pricing; Incorporation of changes to the rules on collecting and reporting information on race and ethnicity.

Reports on the role of information that credit-reporting agencies maintain on consumers' credit-related experiences in credit markets in the U.S. Effects of data limitations on consumers' access to credit; Concern among financial analysts about the accuracy, completeness, timeliness and consistency of consumer credit records; Elements of credit models used to generate credit history scores.