LendingPatterns™
ALL LENDERS ARE NOT ALIKE… (all borrowers and markets are not alike as well)
When you need to understand the distinguishing characteristics of lenders, borrowers, markets and neighborhoods…
LendingPatternsTM is the online resource for you. CALL TODAY
(800) 499-HMDA (4632)
Use data to manage risk and discover insights for responsible lending – visit www.lendingpatterns.com. All Lenders Are Not Alike™ ©ComplianceTech | www.compliancetech.com | 202-842-3800
LendingPatterns™ is a product developed by ComplianceTech
CTECH1
LendingPatterns™ LendingPatterns™ is a revolutionary web-based data mining and exploration tool that analyzes millions of loan applications for thousands of lenders to produce executive level reports on numerous aspects of mortgage lending in America.
Access All Years of
HMDA
DATA Since 2004
Current Users Include: Some of America’s largest banks
Housing Counseling Agencies
Mortgage Lenders of all sizes
Fair Housing Enforcement Entities
Federal Civil Rights Enforcement Agencies
Community Development Organizations
LendingPatterns™ is the only online HMDA data mining tool providing multiple years of loan transactions data at your fingertips. It is the tool to use in order to understand the distinguishing characteristics of lenders, borrowers, markets and neighborhoods. LendingPatterns™ is the only tool capable of querying through millions of applications and retrieving answers about racial lending disparities in just 2-3 minutes.
Who Should Subscribe to LendingPatternsTM Any organization or person that needs to understand the characteristics of national and local lending markets and borrower characteristics, including but not limited to, the following persons, organizations and/or functions:
Bank Examiners
Marketing Departments
Community Banks
Mortgage Insurance Companies
Community-Based Organizations Credit Unions Emerging Market Professionals Fair Lending and CRA Officers Fair Lending Investigators GSEs and Federal Agencies Housing Finance Agencies Housing Policy Makers Human Rights Commissions
Quickly analyzes lending volume in dollars and loans since 2004
What Sets LendingPatternsTM Apart Upload current HMDA-LAR data for real-time analysis of Fair Lending, CRA, and production performance Maps lending activity in an area by income or racial characteristics in 2-3 minutes Benchmarks a lender’s performance against its peers Creates custom peer groups
Rating agencies and Secondary Market Investors
Analyzes affiliates of parent companies
Retail/ Wholesale Lenders
Quickly creates complex reports with rapid HMDA data mining
State and Local Housing Organizations
Produces reports in about 3 minutes or less - faster than any other tool on the market
State and Federal Bank Regulators State and Local Trade Associations Underwriting/Risk/Credit Policy Departments Vendors of Mortgage-Related Products and Services
Isolates lending activity in assessment areas
LendingPatternsTM provides a quick, high-level view of markets and lenders The speed of the application makes it easy to experiment, explore and re-do your work Online accessibility minimizes maintenance and system issues, while enhancing speed Free technical support and training LendingPatternsTM has built-in mortgage lending intelligence to address practical lending issues. It was built by mortgage industry subject matter experts for like-minded professionals.
CRA/Fair Lending Professionals: Need a valuable tool to assist with CRA and fair lending practices? We can help. Call for a demo today. (800) 499-HMDA (4632)
All Lenders Are Not Alike
LendingPatterns™ is a product developed by ComplianceTech
Other Features Speed: Reports that might take hours or days to run come back in several minutes and in most cases, seconds Accessibility: The only multi-year online HMDA analysis tool on the market that is accessible online—log in with a confidential user name and password and you are running reports Introductory Fair Lending Analysis: A comprehensive multipage report that gives a fair lending overview relative to agency peers in the same geographic area
Multi-year visual display of origination, denial and fallout rate trends
CRA analysis: The ability to analyze low/moderate income lending and view lending activity by CRA assessment area Confidential Private Data Upload: This allows lenders or field auditors to upload (in less than a minute) the most current period’s HMDA data for semi-annual, quarterly or even monthly monitoring of performance Pricing Analysis: The ability to analyze disparities in the magnitude or incidence of subprime lending by race, geography and income (raw data does not have incidence) Early Look Program: We receive about 40% of the national data months before it is released to the public by the government Benchmark comparisons: Ability to quickly see whether an institution stands out in the crowd, positively or negatively Geographic drilldown: The ability to do national, metro area, county, CRA assessment area, congressional district and census tract level reports
Los Angeles – Long Beach MSA with map layer showing Home Ownership rates Applicant Income Distribution United States
AMERICA FIRST CREDIT UNION (5,0000024694)
# of Loans
% Total
Mod
2,009
26.5%
Upper
2,352
31.1%
Low
660
Middle
2,517
Unk/NA
34
Total
8.7%
33.2% 0.4%
7,572
100.0%
# of Loans
% Total
Mod
110,123
17.8%
Upper
288,338
46.5%
2009 NCUA* Low
Middle Unk/NA Total
41,155
161,536 18,596
619,748
6.6%
26.1% 3.0%
Low (8.72%) Mod (26.53%) Middle (33.24%) Upper (31.06%) Unk (0.45%)
Low (6.64%) Mod (17.77%) Middle (26.06%) Upper (46.53%) Unk (3.00%)
This report may not be copied, sold or distributed without the express written permission of CLC Compliance Technologies,Inc. CLC Compliance Technologies,Inc.(1-800-499-HMDA)
Page 4 of 20
Compare your lending profile to your peers to see whether you stand out, positively or negatively
A Necessary Analytical Tool. Easy-to-use online application Unlimited reports exported in Adobe PDF New HMDA Data (within 30 days of data release) Includes excellent Customer Service and Support Free user training via regular webinars
Custom Reports: Ability to design and buy special reports built by our programming team tied to the unique workflow of your organization—reports that currently take hundreds of person hours to produce can be created to be run in minutes or less Data management capabilities: The ability to merge the loan application registers of different companies to see how the combined entities could perform or impact communities— this is of great value in anticipating the potential fair lending implications of a proposed merger or to combine affiliates of a parent company Create custom peer groups: The ability to search for lenders by using lender characteristics or profile rather than by name Uncover hidden relationships: The ability to identify and analyze the reporting affiliates of parent company lenders
100.0%
*Excludes the selected lender. Industry data used in this analysis are taken from the 2009 National HMDA-LAR published by the Federal Financial Institutions Examination Council This report includes originated loans only. Purchased loans are excluded. Copyright 2004 - 2011
Geographic Information Systems: The ability to generate detailed and informative maps in minutes that output to popular map viewers with thematic layers based on tract income, tract percent minority, vacancy and estimated foreclosure rates
ROI: An immense number of man-hours, technical expertise, and resources would be required to replicate the quality, quantity and speed of reports/analyses in LendingPatterns
Immediate access to LendingPatterns system in less than 30 minutes after registering LendingPatternsTM Can Answer:
Where is the lender most active? Who are the lender’s customers? How well is the lender performing in market segments? What is the lender’s denial behavior, by race? What is the lender’s pricing behavior?
All Lenders Are Not Alike
LendingPatterns™ Why You Need LendingPatternsTM If you’re a fair lending professional, to prepare for a fair lending exam or investigation by showing your bank’s performance is better than your peers If you’re a Community Reinvestment Act professional, to prepare for a CRA exam by demonstrating that your low/mod lending is at a level that satisfies the lending test component of CRA
Subscription details Subscriptions are based on individual named user licensing. One named user has access to the product. Discounts for small lenders, government and private non-profit agencies are available. For further information and pricing, or to order now, call (800) 499-HMDA (4632).
To understand the size and depth of the mortgage market for prime, subprime, conventional and government lending To know how well you’re performing (as a lender) in every market and to find opportunities to grow To know and understand what your competitors are up to To develop data-driven origination strategies that avoid redlining risk To see yourself the way a regulator might see you If you’re a federal, state or local regulator; to determine who you should be monitoring more closely (or to simply know who’s lending in your jurisdiction) To establish realistic performance benchmarks for approval, denial and fallout rates To quantitatively validate assumptions about the market To identify the level of higher cost lending and who’s doing it and where they are lending To create custom groups of lenders to anticipate the effects of a possible merger, or to aggregate performance by parent companies, or to define peers by a quantitative profile rather than a subjective opinion or assumption If you’re a vendor to mortgage lenders, to better understand your customers, rank them appropriately and allocate sales and marketing resources accordingly If you’re an investor in mortgages, to find banks, savings institutions and credit unions from whom you can buy loans Because the speed and ability to data mine millions of loan applications and thousands of lenders in just a few minutes is unparalleled and quite astounding
Need consulting help in minimizing risk and maximizing opportunities? Call our toll free number below about… Customizing LendingPatternsTM to produce special confidential reports unique to your organization Outsourcing your company’s fair lending management needs to ComplianceTech to reduce monitoring expense. Customized zip code mapping of opportunities and risk to achieve profitable LMI and diverse lending goals. Providing comprehensive turnkey Fair Lending Management Systems Strategic Loss Mitigation consulting for preserving homeownership Race and gender coding of automobile and consumer loans Shamus and Fair Lending Magic, tools for in-depth comparative file analysis and statistics
Subscribe Today
(800) 499-HMDA (4632) CTECH1
All Lenders Are Not Alike