Tags : HMDA

Updated data on home mortgage applications now available from NICAR

The Home Mortgage Disclosure Act (HMDA) database has just been updated in the NICAR Data Library. Loan application records for 2013 are now available. 

What's in it?

This Act requires all banks, savings and loans, savings banks and credit unions with assets of more than $33 million and offices in metropolitan areas to report mortgage applications. Each loan record contains demographic information about loan applicants, including race, gender and income; the purpose of the loan (i.e. home purchase or improvement); whether the buyer intends to live in the home; the type of loan (i.e. conventional, FHA insured ...

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Home Mortgage Disclosure Act -- 2012 data now available

The Home Mortgage Disclosure Act (HMDA) database has just been updated in the NICAR Database Library.

WHAT'S IN IT?
This Act requires all banks, savings and loans, savings banks and credit unions with assets of more than $33 million and offices in metropolitan areas to report mortgage applications. Each loan record contains demographic information about loan applicants, including race, gender and income; the purpose of the loan (i.e. home purchase or improvement); whether the buyer intends to live in the home; the type of loan (i.e. conventional, FHA insured, etc.); a new field starting in 2004 called ...

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HMDA data updated in the Database Library

The Home Mortgage Disclosure Act (HMDA) data have just been updated in the NICAR Database Library -- and we'll help you turn it into a story.


WHAT'S IN IT?

This Act requires all banks, savings and loans, savings banks and credit unions with assets of more than $33 million and offices in metropolitan areas to report mortgage applications. Each loan record contains demographic information about loan applicants, including race, gender and income; the purpose of the loan (i.e. home purchase or improvement); whether the buyer intends to live in the home; the type of loan (i.e. conventional ...
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Race gaps in Ohio loans uncovered by stats analysis

Fred Steed has a six-figure income as a top official with the Montgomery County health district. The 66-year-old African-American director of community health has a wife with a good job at a local hospital. He has an 820 credit score. He owns the 1,344-square-foot home in West Dayton where he grew up.

What he doesn't have and can't get: a $35,000 refinance loan.

Steed is one of hundreds of upper-income blacks to be denied loans in the Dayton, Ohio region. A statistical analysis by the Dayton Daily News found that in 2008, upper-income blacks in the ...

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HMDA data leads to meltdown's culprits

Often in computer-assisted reporting we can envision the perfect database to answer the burning questions of our days. We see what it should contain and how it should be constructed. We even visualize what our results will show. More often than not, what data we find have, shall we say, challenges. And someone may have collected them for a purpose other than what we intend. Such is the case of the dataset from the Home Mortgage Disclosure Act, otherwise known to CAR journalists as HMDA. I was approached this past fall by Bill Buzenberg, executive director of The Center for ... Read more ...

Basic queries show nationwide trends in HMDA data

It began with an email while I was on vacation. “Not to distract you,” my boss wrote, “but wanted to pass along that when you get back, you’re going to be taking on a … massive nationwide subprime data crunch.” At first, I wondered what I had done to deserve such a chore. It should have been obvious: Five months earlier, I had abandoned my job for a week to attend a CAR Boot Camp, where I muddled through the lessons, returned to work bragging about how much I had learned, but then did little to show I had spent ...

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