Foreclosure-Response.org | HMDA Indicators

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Home Mortgage Disclosure Act Indicators

Released December 2010

As with foreclosures, having access to local home sales data from publicly available sources is the ideal situation to monitor neighborhood housing markets, but Home Mortgage Disclosure Act data offers low-cost, nationally available indicators that can help local communities understand the foreclosure problem and begin to think about effective responses.

Skip straight to the data files:

Description of Foreclosure-Response files

The Home Mortgage Disclosure Act (HMDA) requires most lending institutions to report mortgage loan applications, including the outcome of the application, information about the loan, and location of the property. The Federal Financial Institutions Examination Council (FFIEC) collects this data in order to determine whether financial institutions are meeting a community's housing credit needs; to target community development funds to attract private investment; and to identify possible discriminatory lending patterns.

The data used on this web site are derived from the FFIEC-provided loan data and provide indicators for census tracts and other larger geographies. Click here for more information about HMDA, or view the Urban Institute's HMDA Guide. The FFIEC web site also provides access to loan-level data if you are interested in doing your own more detailed analysis.

Indicators data available on Foreclosure-Response include:

Foreclosure risk: The density of high-cost purchase loans in an area can be used as a close proxy for the density of foreclosures. This indicator set includes the rate of total and non-owner-occupant mortgage loans with high costs from 2004 to 2006. These high-cost loans have higher interest rates and are more likely to be at risk of foreclosure than loans with lower interest rates. We use the sum of all loans for 2004 to 2006 because this period is the peak of the lending boom and to smooth out year-to-year variation for smaller areas like census tracts. Indicators of high-cost refinancing are also included. Go to the HMDA High-Cost Purchase Loan maps.

Housing market strength: Once you have identified the places vulnerable to foreclosures, you next need to know the housing market conditions in these areas to craft a strategy appropriate to the neighborhood's circumstances. (Click here to view the Policy Guide section on developing a neighborhood typology.) The web site includes indicators of both the volume and median loan amount from 2009 (the most recent year available) to give a sense of the demand for housing in a given area. Go to the HMDA Housing Market Conditions maps.

Download Basic Data Tables

Basic data tables are stand-alone Excel files that allow users to find data for specific areas, sort data, and make comparisons. To obtain data files that are compatible with most statistical software packages, click here to go to our advanced data files.

All Data By State
Click on the state name below to download a file with 2009 HMDA data. Individual state data files contain data for the state as a whole, as well as at the census tract, city (place), metro area, and county levels.

A - H	I - M	N - R	S - W
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii	Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana	Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island	South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

State Comparisons - Data file contains data for every state in the United States

Download 50 states file

County Comparisons - Data file contains data for every county in the United States

Download county file

Metro Area Comparisons - Data file contains data for every metropolitan area in the United States	Download metro area file

Interested in other historical data? You can also access 2008 HMDA data files and 2007 HMDA data files.