FFIEC Releases the Official 2008 Public HMDA Data
October 1, 2009
The Federal Financial Institutions Examination Council; commonly referred to as the FFIEC, released the official 2008 Public HMDA data. Using the loan data submitted by financial institutions, the FFIEC creates aggregate tables for each metropolitan statistical area (MSA) or metropolitan division (MD) (where appropriate), and individual institution disclosure reports. Additional information on The Home Mortgage Disclosure Act and public loan data can be found at http://www.ffiec.gov/hmda/history.htm . TruPoint Partners provides a full suite of reports that analyze the FFIEC HMDA LAR data. These reports can assist with assessments for fair lending compliance including disparity indexes and percentage by institutions, state, regulatory agency and peer analysis.
For additional information contact TruPoint Partners at 803-547-0082 or info@trupointpartners.com.
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