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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
HOME MORTGAGE DISCLOSURE ACT INFORMATION SHEET
THE HOME MORTGAGE
DISCLOSURE ACT (HMDA) REQUIRES LENDING INSTITUTIONS TO MAKE ANNUAL
PUBLIC DISCLOSURES OF THEIR HOME MORTGAGE AND HOME IMPROVEMENT LENDING
ACTIVITY. DISCLOSURES ARE PUBLICLY AVAILABLE NOT ONLY AT THE INSTITUTIONS'
OWN OFFICES, BUT ALSO AT A CENTRAL DEPOSITORY IN EACH METROPOLITAN
STATISTICAL AREA (MSA). THESE CENTRAL DEPOSITORIES SERVE ON A VOLUNTARY
BASIS. IN ADDITION TO EACH LENDING INSTITUTION'S INDIVIDUAL DISCLOSURE
STATEMENT, AGGREGATE DATA TABLES COVERING THE LENDING ACTIVITY OF
ALL INSTITUTIONS SUBJECT TO HMDA IN A PARTICULAR MSA ARE MADE AVAILABLE
AT THE CENTRAL DEPOSITORY FOR THAT MSA.
THE HMDA DATA
ARE AVAILABLE ON CD-ROM AND THE WEB. BECAUSE BOTH DISTRIBUTION MEDIA
CONTAIN DATA FROM THE UNIVERSE OF REPORTERS, USERS OF EITHER MEDIUM
WILL HAVE ACCESS TO THE DISCLOSURE STATEMENTS AND AGGREGATE TABLES
FOR EACH MSA NATIONWIDE.
AS IN THE
PAST, TO CATEGORIZE CENSUS TRACTS BY INCOME WE RELY ON THE 1990
CENSUS TO DETERMINE THE MEDIAN FAMILY INCOME FOR EACH MSA, AND FOR
CATEGORIZING APPLICANTS OR BORROWERS WE RELY ON INFORMATION OBTAINED
FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR AN UPDATED
ESTIMATE OF THE MEDIAN FAMILY INCOME FOR EACH MSA.
RESPONSIBILITIES
OF CENTRAL DEPOSITORIES
CENTRAL DEPOSITORIES
ARE ASKED TO KEEP THE DATA TABLES TOGETHER IN ONE LOCATION TO THE
EXTENT POSSIBLE. THE CENTRAL DEPOSITORIES ARE RESPONSIBLE FOR: RECEIVING
AND STORING THE HMDA DATA AS FORWARDED FROM THE FFIEC; RETAINING
THE DATA FOR PUBLIC DISCLOSURE FOR A PERIOD OF 5 YEARS; AND MAKING
THE DATA AVAILABLE FOR PUBLIC INSPECTION DURING REGULAR OFFICE HOURS
AND ALLOWING THE PUBLIC TO OBTAIN OR MAKE COPIES OF THE DATA AT
THE COPYING RATE NORMALLY CHARGED.
THE DEPOSITORY
PERFORMS A VALUABLE PUBLIC SERVICE BY PROVIDING, ON A VOLUNTARY
BASIS, A PHYSICAL LOCATION FOR STORAGE OF THE HMDA DATA. ANY QUESTIONS
OR COMMENTS ABOUT THE HMDA DATA MAY BE DIRECTED IN WRITING TO THE
EXECUTIVE SECRETARY, FEDERAL FINANCIAL INSTITUTIONS EXAMINATION
COUNCIL, 2000 K ST, NW, SUITE 310 WASHINGTON, DC 20006.
CONTENT
OF 2000 DISCLOSURES
THE FOLLOWING
IS A LIST OF THE TABLES THAT HAVE BEEN PREPARED COVERING THE DATA
FOR CALENDAR YEAR 2000:
TABLE
NUMBER |
DESCRIPTION |
TABLE 1 |
DISPOSITION OF LOAN APPLICATIONS, BY LOCATION OF PROPERTY AND
TYPE OF LOAN, 2000 |
TABLE 2 |
LOANS PURCHASED, BY LOCATION OF PROPERTY AND TYPE OF LOAN, 2000
|
TABLE 3 |
LOANS SOLD, BY CHARACTERISTICS OF BORROWER AND OF CENSUS TRACT
IN WHICH PROPERTY IS LOCATED AND BY TYPE OF PURCHASER, 2000
|
TABLES 4-1 THROUGH 4-6 |
DISPOSITION OF APPLICATIONS FOR LOANS, BY RACE, GENDER AND INCOME
OF APPLICANT, 2000 (ONE FOR EACH LOAN TYPE: FHA, FSA/RHS, AND
VA; CONVENTIONAL; REFINANCING; HOME IMPROVEMENT; MULTIFAMILY;
AND NONOCCUPANT) |
TABLES 5-1 THROUGH 5-6 |
DISPOSITION OF APPLICATIONS FOR LOANS, BY INCOME AND RACE OF
APPLICANT, 2000 (ONE FOR EACH LOAN TYPE) |
TABLES 6-1 THROUGH 6-6 |
DISPOSITION OF APPLICATIONS FOR LOANS, BY INCOME AND GENDER
OF APPLICANT, 2000 (ONE FOR EACH LOAN TYPE) |
TABLES 7-1 THROUGH 7-6 |
DISPOSITION OF APPLICATIONS FOR LOANS, BY CHARACTERISTICS OF
CENSUS TRACT IN WHICH PROPERTY IS LOCATED, 2000 (ONE FOR EACH
LOAN TYPE) |
TABLES 8-1 THROUGH 8-6 |
REASONS FOR DENIAL OF APPLICATIONS FOR LOANS, BY RACE, GENDER
AND INCOME OF APPLICANT, 2000 (ONE FOR EACH LOAN TYPE) |
TABLE 9 |
DISPOSITION OF LOAN APPLICATIONS, BY MEDIAN AGE OF HOMES IN
CENSUS TRACT IN WHICH PROPERTY IS LOCATED AND TYPE OF LOAN,
2000 (AGGREGATE DATA ONLY) |
TABLE 10 |
DISPOSITION OF LOAN APPLICATIONS, BY CENTRAL CITY VERSUS NON-CENTRAL
CITY PROPERTY LOCATION AND TYPE OF LOAN, 2000 (AGGREGATE DATA
ONLY) |
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