List of articles

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...

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Demographic alert: tract income changes for 2019

This is the second blog in a series about the the 2019 FFIEC census demographic file which was released on August 30, 2019.  Into that file FFIEC incorporated September 2018 Office of Management and Budget MSA/Metropolitan Division boundary definitions. As a result...

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How LendingPatterns™ helps you make sense of HMDA

HMDA data is both a recurring concern and a useful tool for financial institutions. Banks, credit unions, and independent mortgage companies have to submit HMDA every year or risk the penalties so that all of this data can then be viewable to the public and can paint...

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Profile of a Millennial Mortgage Loan Applicant

Finally, we can take the guess work out of describing the mortgage loan preferences of millennials. With the expanded 2018 HMDA data fields, we can analyze lending by the applicant’s age. This not only gives us a chance to better describe the typical millennial...

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Six HMDA Analyses You Never Thought Possible

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...

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