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HMDA’s Fun Facts for Credit Unions

Here are some fun facts to know and tell about credit unions as the Credit Union National Association holds its annual Governmental Affairs Conference in Washington, DC: -California is the state with the most credit union mortgage lending, according to...

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Rural Mortgages Differ from Urban and Suburban Ones

I have always been interested in rural housing and mortgages, and LendingPatterns™ has a lot of good information on this small niche of the lending business. There is a category here for “FSA/RHS” which is a combination of two US Department of Agriculture lending...

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VA Mortgages Hit $150 Billion

Department of Veterans Affairs mortgages hit $150 billion in 2015, up about 30 percent from the $115 billion of mortgages guaranteed in 2014. That’s right in line with the increase the nationwide mortgage market registered that year. Originations (excluding purchases)...

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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...

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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...

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Credit Union Mortgage Volume Jumps by 34 Percent

Credit unions had a robust year in mortgages last year, with dollar volumes increasing by 34 percent from $83 billion in 2014 to $111 billion. (This total excludes purchased loans.) That was in line with the 32 percent increase in nationwide originations last year...

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Minority Originations Ticked Up in 2015

Percentages of mortgages to minorities ticked up in both numbers of loans and dollars granted in 2015 over 2014, Home Mortgage Disclosure Act data show. An analysis of minority volumes in LendingPatterns™ finds that minorities topped 20 percent (20.4 percent of...

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2015 HMDA Originations: A Big Jump to $1.85 Trillion

The 2015 Home Mortgage Disclosure Act numbers are now available in LendingPatterns™ and they show a healthy originations volume of $1.85 trillion for the year through 7.4 million loans. That’s up sharply from 2014’s $1.4 trillion in originations through six million...

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