New tools to explore mortgage data

Last fall, we released a web-based tool showing basic mortgage statistics for counties and cities across the country. Today, we are adding new features so you can explore the data in more flexible ways.

What are the new features?
The updated tool is loaded with features and flexibility. You can use the new features to analyze trends in your area or across the nation. Software developers can use our Application Programming Interface (API) to build their own tools.

  • Choose custom filters. You can choose to see only the data you want. Filter the data by geography (state, metropolitan area, county, and census tract), loan characteristics, property type, and more. We provide some suggested filters to help you get started.
  • Create custom summary tables. For example, you can compare refinances and home purchases over the past few years, or see county-level trends in federally related mortgages.
  • Download the data. Once you have the data you want, you can download it in the format of your choice. We offer CSV, which is compatible with most spreadsheet programs. We also offer JSON, JSONP, and XML, which are standards commonly used by software developers. You can also preview the first 100 records before you download the data.
  • Save and share results. Each query has a unique web address, so you can save and share your results. Just click on the “share” button to copy the link. Then, paste it into a document, an email, a Facebook post, a tweet, or anywhere else you’d like to share it.
  • Tools for developers. Software developers can use and contribute to our API. Software engineers and developers interested in improving the underlying Public Data Platform (aka, Qu) can get involved on GitHub . API developers who want to build tools using the API can browse the documentation , and if there are technical questions, you can engage with CFPB developers using GitHub issue tracking .

What kinds of information are in the data?
Our tool comes loaded with data from the Home Mortgage Disclosure Act (HMDA). HMDA requires certain banks and other financial institutions to collect, report, and publicly disclose information about mortgage loans and applications. In 2012, HMDA data included approximately 18.7 million records from 7,400 financial institutions. The data are publicly released every year, usually in September.

You can use our tool to explore information about loans, lenders, properties, and borrower demographics. For example, the data has information about the type of loan being made, such as whether it’s backed by a government program through the Department of Veterans Affairs (VA) or Federal Housing Administration (FHA). It’s important to note that the data do not include direct identifying information, like names or Social Security numbers. To learn more, read our Privacy Impact Assessment .

Get started
If you are new to HMDA data, start with our introductory video. You’ll learn about the data, how it’s collected, why it’s useful, and what variables it contains. Then, check out our maps and charts. If you want to do your own analyses, you can explore the data. Software developers should check out our API and documentation .

Due to technical issues, the commenting feature of our blog is temporarily unavailable. We’re working to bring this functionality back, and look forward to hearing your feedback and comments about the CFPB’s work soon.