First Glimpse at 2019 HMDA Numbers
The number of reporting institutions is down 3%, but the number of closed-end originations increased by a whopping 26%. Black borrowers increased their share of home-purchase loans slightly from 6.7% in 2018 to 7% in 2019. Black and Hispanic White borrowers continue to be much more likely to use unconventional loans. [6/26/20]