FFIEC releases mortgage lending data

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The FFIEC has released mortgage lending transaction data pertaining to 7,062 financial institutions covered by the Home Mortgage Disclosure Act, the council announced Tuesday. The data includes applications, originations, purchases and sales of loans, denials and other application-related actions. Institutions covered by the HMDA include banks, savings associations, credit unions and mortgage companies, the FFIEC said.The data released Tuesday shows the disposition of loan applications, as well as whether a loan is subject to the Home Ownership and Equity Protection Act, and whether a loan is secured by a first or subordinate lien or is unsecured. continue reading »last_img

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