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ABA: The American Bankers Association
Compliance News

CFPB Article Provides Deeper Dive into Expanded HMDA Data

With many mortgage market participants still becoming familiar with the expanded set of Home Mortgage Disclosure Act data, the Consumer Financial Protection Bureau released the second article in a series summarizing findings from the 2019 HMDA data.

The article analyzes data reported on open-end and reverse mortgage flags; expanded and revised demographic information; property type; loan purpose characteristics; characteristics of applicants, borrowers and properties; and pricing outcomes and components.