Pricing Disparity Analysis

•  Pricing Match Pair (3 loan programs)

The Disparate Pricing Match Pair Analysis report allows for the selection of various comparison criteria to produce a side by side disparate pricing analysis. It identifies a target group application (e.g., originated minority) that paid a higher price for credit than a control group applicant controlling for loan program, credit, and time. The report lists out the control and target applicants' data side by side.

•  Pricing- Overall Averages

Overall Averages module produces both a standard report and a redlining/reverse report on the average prices charged on a prohibited basis.  The standard report lists the averages by race and gender of major price indicators. These indicators include APR , loan amount, discount points, origination fee, line 1400 fees and so on.

•  Pricing-Redlining/Reverse Redlining

The Redlining/Reverse report checks to see if minorities are unfairly treated in credit access or targeted for predatory lending. Based on the different minority percent tracts, the APR , Discount Points, Origination Fees, and number of records are compared by race and across the tracts.

•  HMDA Spread Analysis

The HMDA Spread Analysis is a suite of reports that analyzes the incidence of a spread occurring, (i.e., the quantity of spreads) and the magnitude of spreads (i.e., average spread). For both the incidence and magnitude of spreads a spread disparity index (SDI) is calculated. The SDI is the minority incidence percent or average spread percent divided by the White incidence or average spread percent. The ratios are used to measure spread activity by various user defined categories; e.g. tract percent minority, applicant income or tract income, etc.

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