Upper/Lower Income Applicants Show Major Differences

A look at mortgage applicants with the highest and lowest incomes in 2015 reveals major differences between the two cohorts, as well as the occasional similarity. Both groups were similar, for instance, in loan purpose, with each cohort fairly split between home...

CFPB Lenders Made One Third of 2015 Mortgages

It is not hard to isolate most of the nation’s biggest mortgage lenders in LendingPatterns™. The Consumer Financial Protection Board has reserved the category of lenders with $10 billion in assets and above for itself, and there are a lot of familiar names there. The...

FDIC Lenders Made $181 Billion in Mortgages in 2015

Lenders insured by the Federal Deposit Insurance Corp. saw their originations volume bump up to $181 billion in 2015 from $140 billion in 2014, HMDA data show. Almost 2,500 lenders (2,476) are counted in the FDIC category in LendingPatterns™. However, this doesn’t...