by Dana Ginsburg | Aug 28, 2019
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...
by Debbie Malzahn | Aug 19, 2019
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...
by Matt Piven | Jul 9, 2019
Mortgage professionals, policy makers, homebuyer’s, real estate agents, and prepurchase housing counselors will be curious to know about mortgage affordability in a neighborhood, city, county, or metro area. Fortunately, the public HMDA data provides a plethora of...
by Debbie Malzahn | Jul 2, 2019
When it comes to your client’s data, your main priority should rightly be keeping it secure from any third parties. However, when the time comes to deliver the data and you have accidentally omitted a piece of information, it can have serious consequences for you and...
by Matt Piven | May 7, 2019
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...
by Debbie Malzahn | Apr 4, 2019
At ComplianceTech, we love data analysis, so last Friday’s release of new HMDA data was a truly exciting day. Unfortunately, we will have to wait until the release of the CFPB “snapshot” data for the full data to be in LendingPatterns(TM). Those who are really anxious...
