by Matt Piven | May 28, 2019
Prior to 2018, HMDA reporting for lines of credit was optional. It turns out that in 2018 $21.1 billion in credit was extended in transactions within the following parameters: Conventional Second lien Home improvement Owner occupied as a principal or second residence...
by Dana Ginsburg | May 20, 2019
Mortgage lending and compliance is a field that is constantly shifting, with new legislation requiring credit unions to change their practices and systems appearing regularly. Fortunately, the Credit Union National Association understands these changes and hosts...
by Matt Piven | May 7, 2019
I made a list of six intriguing analyses that can be done with the public 2018 HMDA data. Possibilities are almost endless. Affordability Analysis You can find where the borrowers are who can afford homes above a particular threshold (e.g., $1 million) using...
by Dana Ginsburg | May 2, 2019
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today issued a Notice of Proposed Rulemaking (NPRM), which proposes to raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit...
