BCFP/CFPB Takes First Look at HMDA Data
The Bureau of Consumer Financial Protection (more commonly known as the Consumer Financial Protection Bureau – glad we clarified that) has broken down the 2017 HMDA data to pull out some key findings, such as the decline in the number of reporting institutions (from 6,762 to 5,852) and the overall decline in the number of mortgage originations (from 8.4 million to 7.3 million). [5/9/18]