Much of the data being used to train machine learning algorithms doesn’t take ethnicity or race…
Month: February 2021
Digital Mortgage
https://singlefamily.fanniemae.com/media/15171/display https://www.flatworldsolutions.com/mortgage/mortgage-loan-process.php
Loan Automation
Lenders need business growth that is not linear and is not tied to the market cycles.…
Black and Latino Borrowers Locked Out of Homeownership in New York City
https://anhd.org/report/black-and-latino-borrowers-locked-out-homeownership-new-york-city-new-data-and-analysis-shows
Using HMDA LAR Data to Uncover Your Institution’s Fair Lending Story
Starting with the 2018 Home Mortgage Disclosure Act (HMDA) data collection, regulators are now able…
HMDA data
https://www.consumerfinance.gov/data-research/hmda/historic-data/?geo=nationwide&records=all-records&field_descriptions=labels
2019 HMDA
https://files.consumerfinance.gov/f/documents/cfpb_2019-mortgage-market-activity-trends_report.pdf
2019 HMDA – Race and Ethnicity
One of the 2015 HMDA rule changes to historical HMDA data points altered reporting requirements for…
2019 HMDA
https://files.consumerfinance.gov/f/documents/cfpb_2019-mortgage-market-activity-trends_report.pdf
Data Point: 2019 Mortgage Market Activity and Trends
The Home Mortgage Disclosure Act (HMDA) was enacted in 1975. HMDA data are used to assist…