WASHINGTON—The Consumer Financial Protection Bureau has issued a new Home Mortgage Disclosure Act (HMDA) analysis of the 2019 HMDA Data.
This data article is the second in a series and follows the first article published in June of this year.
Some of the findings in this year’s data points article include:
- The top 25 open-end lenders accounted for about 573,000 open-end originations, or 53.6% of all open-end originations reported under HMDA
- Conventional jumbo loans have the highest mean and median credit scores among closed-end mortgages, with a mean score of 765 and a median of 773. FHA borrowers have the lowest mean and median scores among closed-end mortgages, with a mean score of 668 and a median of 663
- Among Black and Hispanic White homebuyers seeking conventional conforming loans, the median combined loan-to-value and debt-to-income ratios are higher than their Asian and non-Hispanic White counterparts
To read the second HMDA data point article click here.