 Higher-priced home lending and the 2005 HMDA dataRobert B. Avery, Kenneth Brevoort and Glenn B. Canner Federal Reserve Bulletin, 2006, vol. 92, issue Sep, a123-a166 Abstract: This article reviews the 2005 HMDA data, which have just been released to the public. The 2004 article covered a wide range of topics, including ways in which the expanded data might be used to aid fair lending enforcement, but this article is more limited: The focus here is primarily on the loan-pricing aspects of the data, including those that permit an assessment of the effects of the changing interest rate situation in 2004 and 2005 on the disclosure of higher-priced lending. To identify the effects on lending patterns of changing interest rates, the analysis presented here uses adjusted sets of the 2004 and 2005 HMDA data in an attempt to distinguish the loans that exceeded the pricing thresholds solely because of a changed interest rate situation from other higher-priced loans. This section of the analysis relies on monthly surveys of loan terms and pricing conducted by Freddie Mac and the Federal Housing Finance Board to help gauge the effects of changing interest rates over the period. Keywords: Mortgage loans; Bank loans (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgrb:y:2006:i:sep:p:a123-a166:n:v.92 Ordering information: This journal article can be ordered from DOI: 10.17016/bulletin.2006.92-9 Access Statistics for this article More articles in Federal Reserve Bulletin from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.