Legal Developments: Third Quarter, 2017
Seven orders were issued this quarter, one for Veritex Holdings, Inc. under section 3 of the Bank Holding Company Act, the Bank Merger Act, and the Federal Reserve Act; one for PacWest Bancorp under section 3 of the Bank Holding Company Act; one for Sterling Bancorp and Toronto-Dominion under section 4 of the Bank Holding Company Act; one for Synovus Bank under the Bank Merger Act; one for Regions Bank under the Federal Reserve Act; and one for The Bank of East Asia under the International Banking Act.
Residential Mortgage Lending in 2016: Evidence from the Home Mortgage Disclosure Act Data
Neil Bhutta, Steven Laufer, and Daniel R. Ringo
This article provides an overview of the 2016 data reported under the Home Mortgage Disclosure Act of 1975 and analyzes mortgage market activity over time as well as lending patterns across different demographic groups and lender types. The number of home-purchase originations was about 10 percent higher in 2016 than in 2015, and the number of refinance loans was 16 percent higher. The increase in lending was broad based across demographic and income categories.
HMDA Bulletin Data (.xlsx)* | HMDA data by county and month, 1994-2016 (.csv)
*This file was updated on September 29, 2017, to correct a labeling error.
About and Archive
The Federal Reserve Bulletin--first published by the Federal Reserve Board in 1914--contains topical research and analysis and quarterly "Legal Developments."
Statistical data formerly published in the Bulletin (before 2004) and in the Statistical Supplement to the Federal Reserve Bulletin (before 2009) are now routinely posted on a Data Sources webpage on this site.
Online access to the Bulletin is free, and an e-mail notification service is available to alert subscribers to new articles as they are released. In addition, a print-based compilation of Bulletin articles and legal developments is published annually, following each calendar year-end.