HMDA Disparity Analysis

Focal Point Reports

•  Origination-Denial –Fallout

The Origination, Denial, and Fallout report seeks to find out if there are any disparities in the underwriting process. It examines the Origination, Denial and Fallout rates by race and creates disparity indexes of ODI (Origination Disparity Index), DDI (Denial Disparity Index) and FDI (Fallout Disparity Index). The information can be filtered by various options such as channel, branch, loan officer, underwriter, broker, correspondent loan program, loan type and so on.

•  Market Penetration

The Market Penetration report identifies market penetration disparities for the relative level of lender applications or loans compared to the expected level of applications. The expected level is determined by a racial group's percent of population relative to total county population. Two types of penetration are studied: the Application Penetration and the Loan Penetration. The disparity indexes are calculated using the Census population statistics.

•  Denial Reason

This report is designed to analyze the HMDA denial reason. In addition, it provides an analysis by race for the standard HMDA Denial Reason codes (Debt-to-Income ratio, Employment history, Credit history, Collateral, Insufficient cash, Unverifiable information, Credit application incomplete, Mortgage insurance denied, or other).

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