Category: blog

  • More Than 6,000 Lenders Made Mortgages to Women in 2014

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    by

    Dana Ginsburg
    in

    I went looking in LendingPatterns™ to see how many women-owned banks and thrifts there were in 2014 and came up with—none. But there are more than 6,000 lenders that made loans to women in that year. Women (either alone, as primary applicant, or two women together) applied for more than half a trillion dollars’ worth…

  • FDIC Category Took in One Million Apps, Made $141 Billion in Loans

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    by

    Dana Ginsburg
    in

    HMDA’s “FDIC lenders” category is huge, with more than 2,500 mortgage lenders that took more than one million home loan applications in 2014 and ended up originating 700,000 of them, a look through LendingPatterns™ shows. While big, the FDIC category doesn’t actually include all FDIC-insured lenders. Any mortgage lender with more than $10 billion in…

  • Some Surprises in HMDA Lending to Minorities

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    Dana Ginsburg
    in

    In an earlier blog I looked at Home Mortgage Disclosure Act volume by minority-owned institutions in 2014. For this one I have tapped LendingPatterns™ to analyze mortgages made to minorities in that year, and a couple of surprising things emerge. The one that caught my eye the most was the fact that more than half…

  • Some Surprises in Lending in the New York MSA

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    Dana Ginsburg
    in

    The New York City metropolitan statistical area is the biggest MSA in the country, with more than 20 million people residing there as of July 1, 2015, according to the Census Bureau. What does lending look like in this enormous MSA, as illuminated by 2014 Home Mortgage Disclosure Act data? It is very easy to…

  • Biggest Financial Institutions Remain Picky on Mortgages

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    by

    Dana Ginsburg
    in

    The country’s largest mortgage lenders are a picky bunch, their Home Mortgage Disclosure Act data for 2014 show. It is easy to find the biggest lenders in the LendingPatterns™ database. The Consumer Financial Protection Bureau wants to keep a close eye on the big boys (and I do mean boys, as a search for women-owned…

  • Lending by Minority-Owned Institutions Not Exactly What You’d Expect

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    Dana Ginsburg
    in ,

    Minority-owned institutions might be expected to show different lending patterns than majority-owned ones. And they do. But some of them are patterns you might not expect. They do lend a lot (more than a third of their volume) to minorities. But they vary considerably from Census Bureau reckoning of minority percentages. And they make a…

  • No Rest for Weary HMDA Filers

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    Dana Ginsburg
    in

    As the March 1 deadline for filing Home Mortgage Disclosure Act looms and lenders work overtime to meet it, there are some HMDA filers that aren’t getting an Excedrin headache over the huge annual data roundup. That’s because while the biggest upcoming changes to HMDA don’t go online until 2018, there’s one that’s live this…

  • The Credit Union Mortgage Universe Is Wide

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    Susan Williams
    in ,

    The credit union mortgage universe is a wide one, with originators spanning the gamut from some of the biggest originators in the country down to thousands too small to be counted. The biggest CU mortgage lender in 2014, Navy Federal, made $8.3 billion in loans, making it one of the top 15 of all home…

  • A Way to Navigate Community Reinvestment

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    Susan Williams
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    I’ve been intrigued by the Home Mortgage Disclosure Act ever since the Atlanta Journal-Constitution won a Pulitzer Prize by using its data to demonstrate a pervasive lack of lending in some of Atlanta’s inner city zipcodes. I’ve always had a big interest in community reinvestment and CRA issues, so I was glad to see a…