For anyone who needs to understand Peer Analysis and Scoping using the national HMDA database to discover prohibited basis performance outliers/disparities in market penetration, redlining, underwriting, pricing and data quality.
For those who need to take the deep dive into monitoring fair lending using statistics and matched pairs for every type of loan with advanced features to identify potential prohibited basis disparities.
For loan servicers looking for an automated tool to ensure fair and preventing disparate treatment in the loan loss mitigation process.
For all mortgage lenders who need to prepare an HMDA loan application register (LAR) intelligently for submission.
For banks that need to prepare, submit or report a CRA loan application register (LAR) and manage CRA exams.
Read our latest blog posts
The Importance of Maintaining Your HMDA Data Accuracy
When it comes to your client’s data, your main priority should rightly be keeping it secure from any third parties. However, when the time comes to deliver the data and you have accidentally omitted a piece of information, it can have serious consequences for you and...
What LendingPatterns™ Can Show You About the New York Community Bank and Flagstar Merger
The announcement of the New York Community Bank and Flagstar merger on April 26, 2021 has me thinking about its impact on the industry as well as what lenders might learn by looking at the data behind the merger. The good news is that it is easy to create pseudo bank...
Loan volume growth, interest rate cuts, and third-party lending
In my previous blog, I wrote about the drivers of Fannie Mae’s increased purchasing activity. This blog will explore the extent to which that growth was driven by declining interest rates. I want to show a chart that distinguishes transactions based on whether the...