
Here are 5 big insights from the new HMDA data
What is HMDA? The Federal Financial Institutions Examination Council released the Home Mortgage Disclosure Act (HMDA) data for 2015 at the end of September. HMDA data is considered the most comprehensive report on mortgage originations. For 2015, 6,900 institutions reported 14.3 million loan records. This makes HMDA an important data source even though it is