HMDAVision Now Live with 2018 National Loan-Level HMDA Data

September 3, 2019
The CFPB had a big data release on Friday August 30, 2019, hitting their target to release the HMDA national loan-level dataset before the end of the summer. HMDAVision is now live with this data.

Each year stakeholders of the US mortgage industry anxiously await the release of the previous year's HMDA data set, "the most comprehensive publicly available information on mortgage market activity."* This year the CFPB effectively released it twice; from a data modeler's perspective: the hard way and the easy way. The fact that we had already released a version of HMDAVision based on the former made it easy to update it with the latter over this past weekend. Here are the key highlights we'd like to share:
*The data referred to in this quote from the CFPB is the basis for our HMDA research tool HMDAVision. The data is quite large and unwieldy, so most of our competitors summarize it or provide only slices at a time. We go the other direction, providing all HMDA transactions for the past 5 years (over 70 million), augmented by the most recent year's American Community Survey microdata, as well as county-level FHFA conforming loan limit data.