WASHINGTON — Data on 21.4 million mortgage applications and originations and 4.8 million purchases in 2007 from 8,610 financial institutions is now available, a government council made up of financial services regulators announced today.
The information comes from institutions covered by the Home Mortgage Disclosure Act, including credit unions, banks, savings associations and independent mortgage companies. The information is compiled by the Federal Financial Institutions Examination Council, which is made up of the NCUA, the Federal Reserve System, the FDIC, the Office of the Comptroller of the Currency and the Office of Thrift Supervision.
The data include disclosure statements for each financial institution, aggregate data for each metropolitan statistical area, nationwide summary statistics regarding lending patterns, and the Loan Application Register, modified for borrower privacy, submitted by each institution to its supervisory agency.
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