Updated CFPB Article on 2019 HMDA Data

On 8/27/2020, the CFPB released a second article to provide further observations found when analysing the 2019 HMDA data. In their release, the CFPB explains that this article is on cross-sectional analyses with a goal to explore various patterns and relationships between different data fields and to provide some initial observations. Key topics in this analysis include:

  • Open-end and reverse mortgage flags;

  • Expanded and revised demographic information;

  • Property type;

  • Loan purpose and characteristics;

  • applicant/borrower and property characteristics; and

  • pricing outcomes and components.

While this report runs over 250 pages, the main information is found within the first 83 pages and would be beneficial for HMDA reporters to review.

The full CFPB review can be found here.

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