FFIEC Publishes 2023 HMDA LAR Data

The Federal Financial Institutions Examination Council (FFIEC) published HMDA Mortgage Loan Application Register (LAR) data for 2023. 

HMDA requires most residential mortgage lenders to publicly report data on their mortgage lending activity, including loan-level data on property locations, loan types and amounts, approvals and denials, and borrower characteristics (such as membership in certain protected groups and creditworthiness).  Among other things, this data can be analyzed to better understand mortgage and housing trends, lending patterns, and issues related to fair lending.  The newly published LAR for 2023 is a compilation of all reported HMDA data from financial institutions required to report, and can be reviewed for both specific lenders as well as in the national aggregate.