Blog

List of articles

Data Integrity in 2019 Modified HMDA LARs

Two months ago, I wrote about data quality issues that I had seen in the 2018 public HMDA dataset. It turns out that HMDA data quality issues persist in 2019. LendingPatterns™ quickly revealed income reporting issues in the LAR.  As an example, for one lender, the...

read more

2019 Refinancing Uptick by the Numbers

The 2019 uptick in refinancings has been well-documented in the media and by mortgage trade organizations. LendingPatterns™ can slice and dice the HMDA data to shed additional light on this increase. In brief, at a high level, I am seeing a 90.2% increase in the...

read more

Mortgage Loans: To Sell or Not to Sell

We decided to take a look at lenders that have the option to sell loans as well as portfolio to see what we can learn about their decisioning and selection process.  Happily, we have access to LendingPatterns™. The robust peer selection tool allowed us to create a...

read more

Increase in FHA Mortgage Limits for 2020

If you’re lending funds to future homeowners in 2020, an increase in FHA loan limits in your local county may impact your daily operations. What is FHA? The Federal Housing Administration (FHA) provides mortgage insurance on loans made by approved lenders, like you,...

read more

2019 year-in-review in the world of HMDA

Like last year, I want to write another blog to recap the year’s HMDA developments and look ahead to what’s coming in 2020. This year’s blog will summarize three different fronts: 1) data collection, 2) Reg C changes, and 3) disclosure of public data. In each area,...

read more

Breaking Down Secondary Market Activity in 2018

Many people believe that the signs of a healthy economy are in the number of mortgages being applied for by Americans, but one of the true indicators of economic and financial health is in the secondary market, where government-sponsored enterprises (GSE) choose which...

read more

On the margins of metro areas

This is the third in a series of blogs related to the 2019 demographic changes. The first dealt with changes in metro area median family incomes and the second dealt with tracts that flipped from low/mod to not low/mod, and vice-versa. As discussed, the 2019...

read more

Important Takeaways From the 2018 HMDA Data Release

As we enter the fourth quarter of the year and businesses begin forming their strategies for 2020, they need the most up-to-date consumer data to inform their strategies and match their clients’ needs. For financial institutions, there is no better source than the...

read more