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 to look at their competitors’ data can download the…
Early Look HMDA responders have reported making 21 percent of their 2016 mortgages to minorities. Of lenders who have pre-reported their HMDA data to ComplianceTech as of Aug. 17, 558,000 of 2.7 million originations have gone to minorities, according to an analysis done through LendingPatterns™. Total finance for those mortgage loans comes to $151 billion…
It is now possible to get a four month jump on seeing what is in the 2015 Home Mortgage Disclosure Act data. That’s because 175 lenders who generated more than 40 percent of last year’s application numbers, have reported their numbers early, with the results now collected in LendingPatterns™. It can be accessed at “Early…