Mortgage Originations in Your City

Mortgage application data, released under reporting requirements in the Home Mortgage Disclosure Act (HMDA), are a fascinating source of information for cities and communities. These data help us understand where residents are applying for mortgages to purchase new homes or refinance their existing home.

Last year, we shared HMDA records for each of your cities. This year, we have reformatted the data to show you how mortgage application outcomes have varied by the results of your MVAs.

https://goo.gl/i1eEgW

Mortgage financing has been called the life blood of the real estate market and understanding where financing is flowing, and where mortgage applications are accepted or rejected, provides an important nuance to discussions about community development. These analyses are just a first step, but we hope they will be helpful. Take a look and let us know what you think!

https://goo.gl/i1eEgW