“The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2014 lending activity, and include applications, originations, purchases and sales of loans, denials, and other actions related to applications. The data released today also include disclosure statements for each financial institution, aggregate data for each metropolitan statistical area (MSA), nationwide summary statistics on lending patterns, and Loan/Application Registers (LARs) for each financial institution (LARs are modified to protect borrower privacy). The FFIEC prepares and distributes this information on behalf of its member agencies. The HMDA data show the disposition of loan applications and include information on:
- loan amount
- loan type (such as conventional, Federal Housing Administration (FHA) or Veterans Administration (VA))
- purpose (home purchase, home improvement, or refinancing)
- property type (1-4 family, multifamily, or manufactured housing)
- property location (MSA, state, county, and census tract)
- applicant characteristics (race, ethnicity, sex, and income)
- pricing-related data..”
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