Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

Asian, Black, and Hispanic-white Borrower’s Purchase Loan Shares Increase

The Consumer Financial Protection Bureau (CFPB) has released its annual report on residential mortgage lending activity and trends for 2021. The report’s data are submitted by thousands of the nation’s lending institutions under the Home Mortgage Disclosure Act (HMDA). The report shows a significant shift from refinance loans in 2020 to home purchase loans in …

The post Asian, Black, and Hispanic-white Borrower’s Purchase Loan Shares Increase appeared first on DSNews.

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