--- license: mit task_categories: - text-classification language: - en tags: - finance size_categories: - 1M149 | ### 4. Applicant and Co-Applicant Demographics #### Age | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **ageapplicant** | Age of the applicant | <25, 25-34, 35-44, 45-54, 55-64, 65-74, 74, 8888 (NA)| | **co-applicant_age** | Age of the first co-applicant | <25, 25-34, 35-44, 45-54, 55-64, 65-74, 74, 8888 (NA), 9999 (NA) | | **applicant_age_above_62** | Whether applicant is 62 or above | Yes, No, NA | | **co-applicant_age_above_62** | Whether co-applicant is 62 or above | Yes, No, NA | #### Income and Financials | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **income** | Gross annual income in thousands of dollars | Varying values | | **debt_to_income_ratio** | Monthly debt/income ratio (percentage, binned) | <20%, 20%-<30%, 30%-<36%, 36%, 37%, 38%, 39%, 40%, 41%, 42%, 43%, 44%, 45%, 46%, 47%, 48%, 49%, 50%-60%, >60%, NA, Exempt | #### Ethnicity - **applicant_ethnicity-1** to **applicant_ethnicity-5**: Ethnicity of applicant/borrower (up to 5 responses) - **co-applicant_ethnicity-1** to **co-applicant_ethnicity-5**: Ethnicity of first co-applicant/co-borrower (up to 5 responses) | Value | Description | |-------|--------------------------------| | 1 | Hispanic or Latino | | 11 | Mexican | | 12 | Puerto Rican | | 13 | Cuban | | 14 | Other Hispanic or Latino | | 2 | Not Hispanic or Latino | | 3 | Info not provided (mail/web) | | 4 | Not applicable | | 5 | No co-applicant (co-applicant fields only) | - **applicant_ethnicity_observed**/**co-applicant_ethnicity_observed**: Whether ethnicity was collected by visual observation or surname (1: Yes, 2: No, 3: Not applicable, 4: No co-applicant) #### Race - **applicant_race-1** to **applicant_race-5**: Race of applicant/borrower (up to 5 responses) - **co-applicant_race-1** to **co-applicant_race-5**: Race of first co-applicant/co-borrower (up to 5 responses) | Value | Description | |-------|--------------------------------| | 1 | American Indian or Alaska Native| | 2 | Asian | | 21 | Asian Indian | | 22 | Chinese | | 23 | Filipino | | 24 | Japanese | | 25 | Korean | | 26 | Vietnamese | | 27 | Other Asian | | 3 | Black or African American | | 4 | Native Hawaiian or Other Pacific Islander | | 41 | Native Hawaiian | | 42 | Guamanian or Chamorro | | 43 | Samoan | | 44 | Other Pacific Islander | | 5 | White | | 6 | Info not provided (mail/web) | | 7 | Not applicable | | 8 | No co-applicant (co-applicant fields only)| - **applicant_race_observed**/**co-applicant_race_observed**: Whether race was collected by visual observation or surname (1: Yes, 2: No, 3: Not applicable, 4: No co-applicant) #### Sex | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **applicant_sex** | Sex of applicant/borrower | 1 - Male, 2 - Female, 3 - Info not provided, 4 - Not applicable, 6 - Both selected | | **co-applicant_sex** | Sex of first co-applicant/co-borrower | 1 - Male, 2 - Female, 3 - Info not provided, 4 - Not applicable, 5 - No co-applicant, 6 - Both selected | | **applicant_sex_observed** | Whether sex was collected by visual observation/surname | 1 - Yes, 2 - No, 3 - Not applicable | | **co-applicant_sex_observed** | Whether sex was collected by visual observation/surname | 1 - Yes, 2 - No, 3 - Not applicable, 4 - No co-applicant | #### Aggregated Derived Fields | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **derived_ethnicity** | Aggregated ethnicity (from all applicant/co-applicant fields) | Hispanic or Latino, Not Hispanic or Latino, Joint, Ethnicity Not Available, Free Form Text Only | | **derived_race** | Aggregated race (from all applicant/co-applicant fields) | American Indian or Alaska Native, Asian, Black or African American, Native Hawaiian or Other Pacific Islander, White, 2 or more minority races, Joint, Free Form Text Only, Race Not Available | | **derived_sex** | Aggregated sex (from all applicant/co-applicant fields) | Male, Female, Joint, Sex Not Available | ### 5. Loan Processing and Underwriting | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **action_taken** | Action taken on the loan/application | 1 - Originated, 2 - Approved not accepted, 3 - Denied, 4 - Withdrawn, 5 - File closed, 6 - Purchased, 7 - Preapproval denied, 8 - Preapproval approved not accepted | | **purchaser_type** | Entity purchasing the loan | 0 - Not applicable, 1 - Fannie Mae, 2 - Ginnie Mae, 3 - Freddie Mac, 4 - Farmer Mac, 5 - Private securitizer, 6 - Bank/S&L, 71 - Credit union/mortgage/finance company, 72 - Life insurance, 8 - Affiliate, 9 - Other | | **preapproval** | Whether preapproval was requested | 1 - Requested, 2 - Not requested | | **submission_of_application** | Whether application was submitted directly | 1 - Submitted directly, 2 - Not submitted directly, 3 - Not applicable, 1111 - Exempt | | **initially_payable_to_institution** | Whether the loan was initially payable to the institution | 1 - Yes, 2 - No, 3 - Not applicable, 1111 - Exempt | #### Automated Underwriting System (AUS) - **aus-1** to **aus-5**: AUS used for evaluation (up to 5 responses) | Value | Description | |-------|--------------------------------| | 1 | Desktop Underwriter (DU) | | 2 | Loan Prospector/Loan Product Advisor | | 3 | TOTAL Scorecard | | 4 | Guaranteed Underwriting System (GUS) | | 5 | Other | | 6 | Not applicable | | 7 | Internal Proprietary System | | 1111 | Exempt | #### Denial Reasons - **denial_reason-1** to **denial_reason-4**: Principal reason(s) for denial (up to 4 responses) | Value | Description | |-------|--------------------------------| | 1 | Debt-to-income ratio | | 2 | Employment history | | 3 | Credit history | | 4 | Collateral | | 5 | Insufficient cash | | 6 | Unverifiable information | | 7 | Credit application incomplete | | 8 | Mortgage insurance denied | | 9 | Other | | 10 | Not applicable | #### Credit Score | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **applicant_credit_score_type** | Credit scoring model used for applicant | 1 - Equifax Beacon 5.0, 2 - Experian Fair Isaac, 3 - FICO Classic 04, 4 - FICO Classic 98, 5 - VantageScore 2.0, 6 - VantageScore 3.0, 7 - More than one, 8 - Other, 9 - Not applicable, 1111 - Exempt | | **co-applicant_credit_score_type** | Credit scoring model used for co-applicant | 1-9 as above, 10 - No co-applicant, 1111 - Exempt | ### 6. Affordable Housing and Units | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **multifamily_affordable_units** | Percentage of affordable units (rounded) | Varying values | ### 7. Census and Tract Information (U.S. Census Bureau Appended Fields) | Field Name | Description | Values/Format | |-----------------------------|--------------------------------------------------------|--------------------------------| | **tract_population** | Total population in tract | Varying values | | **tract_minority_population_percent** | Percent minority population in tract | Varying values (rounded to two decimals) | | **ffiec_msa_md_median_family_income** | FFIEC Median family income for MSA/MD | Varying values | | **tract_to_msa_income_percentage** | Tract median family income as % of MSA/MD median | Varying values | | **tract_owner_occupied_units** | Owner-occupied dwellings in tract | Varying values | | **tract_one_to_four_family_homes** | Number of 1-4 family homes in tract | Varying values | | **tract_median_age_of_housing_units** | Median age of homes in tract | Varying values | ## Notes - **Field Naming**: Some fields allow for multiple responses (e.g., applicant_ethnicity-1 to applicant_ethnicity-5). - **Exempt Values**: Some fields may use `1111` to indicate exemption from reporting. - **Binned Values**: Some numeric fields (e.g., age, debt-to-income ratio) are binned for privacy. - **NA/Not Applicable**: Many fields have codes for "Not Applicable" or "Not Available". ## Usage This documentation is designed to support: - Data ingestion and ETL processes - Data validation and cleaning - Analytical and reporting workflows - Regulatory compliance and audit activities For further details or clarifications, refer to the official [CFPB HMDA Filing Instructions Guide](https://ffiec.cfpb.gov/) or your institution’s data governance documentation. 1. https://ffiec.cfpb.gov/data-publication/snapshot-national-loan-level-dataset/2023 2. https://ffiec.cfpb.gov/documentation/publications/loan-level-datasets/lar-data-fields