A Closer Look at the New HMDA Data

In looking at the 2015 Home Mortgage Disclosure Act (HMDA) report released a couple weeks ago by the Federal Financial Institutions Examination Council (FFIEC), there is a lot of really good information.

Off the top, the data showing a (relatively) large jump in the market share of the Federal Housing Administration FHA was striking.   This shift has a variety of implications for borrowers, lenders and taxpayers, so I wanted to look a little deeper.

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