LendingPatterns™ Updated with 2020 HMDA Snapshot

The 2020 HMDA Snapshot LARs released by CFPB on June 17, 2021, are now available in LendingPatterns™.  LendingPatterns™ is a web-based data mining and analytical tool that uses public and private Home Mortgage Disclosure Act (HMDA) data to analyze loan applications...

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...

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...

Preparing for the 2018 HMDA Submission

The Home Mortgage Disclosure Act makes essential information accessible for professionals in the financial industry to help us all make better decisions based on data analysis. Be sure to check out the Bureau’s last update for the most recent changes before submitting...