2020 HMDA Data on Mortgage Lending Now Available

HMDA DataImage by David Schwarzenberg

WASHINGTON, D.C. — The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2020 were published on the Federal Financial Institutions Examination Council’s HMDA Platform for approximately 4,400 HMDA filers. The published data contain loan-level information filed by financial institutions, modified to protect privacy.

“HMDA data can help determine whether financial institutions are serving the housing needs of their communities and can better drive public-sector investment, which can attract private investment to areas where it is needed,” said CFPB Acting Director Dave Uejio. “The data can help pinpoint potential discriminatory lending patterns, and address unjustified disparities in lending outcomes and credit pricing that drive racial and economic inequality.”

Annual loan-level LAR data for each HMDA filer are made available online by March 31st. Previously, users could obtain LAR data only by making requests to specific institutions for their annual data. To allow for easier public access to all LAR data, the Bureau’s 2015 HMDA rule required that the data be available electronically for all institutions. The data are now made available through the FFIEC’s HMDA Platform.

Later this year, the 2020 HMDA data will be available in other forms to provide users insights into the data, including a nationwide loan-level dataset. That dataset will provide all publicly available data from all HMDA reporters, aggregate and disclosure reports with summary information by geography and lender, and the HMDA Data Browser to allow users to create custom datasets and reports. The Bureau will also publish a Data Point article highlighting key trends in the annual data.

The 2020 HMDA Loan Application Register data can be found at: https://ffiec.cfpb.gov/data-publication/modified-lar.

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