How to use HMDA data for market sizing

Home Mortgage Disclosure Act (HMDA) Data, gathered and published annually by FFIEC, has been used by regulators and interest groups to scrutinize mortgage lenders for compliance gaps. As a result, many lenders view HMDA Data as a threat. However, lenders would be wise to take a second look. HMDA Data is rich with market insights that can guide decision-making. See our Market Sizing example below to understand some of the questions HMDA can help to answer.