{
  "dataset": "hmda-lender-mortgage-profiles",
  "retrievedAt": "2026-08-23T00:00:00Z",
  "hmdaYear": 2024,
  "sourceApi": "https://ffiec.cfpb.gov/v2/data-browser-api/",
  "methodologyNotes": [
    "HMDA (Home Mortgage Disclosure Act) data covers mortgage / home-lending applications only. It says nothing about a lender's credit-card, auto-loan, personal-loan, or deposit-account decisioning.",
    "Denial-share disparities between lenders do NOT by themselves prove discrimination. HMDA's public LAR does not include credit score, debt-to-income ratio, or many other underwriting factors, so raw denial shares reflect differences in applicant pools, loan-purpose mix (purchase vs. refinance vs. HELOC), marketing/prequalification funnels, and product mix as well as underwriting standards.",
    "'Applications originated' and 'applications denied' are COUNTS OF APPLICATIONS, not counts of unique customers. One person can submit multiple applications (e.g., shopping refinance offers at several lenders, or reapplying after a denial).",
    "'Denial share of decisioned applications' = denied / (originated + denied). This intentionally excludes applications withdrawn by the applicant (action_taken=4), files closed for incompleteness (action_taken=5), loans purchased from another institution (action_taken=6), and preapproval-only outcomes (action_taken=7,8). It is therefore NOT the same as an 'overall approval rate' across all applications a lender received, and should not be read as one.",
    "Figures are for the SPECIFIC FILING LEGAL ENTITY identified by LEI (e.g., 'JPMorgan Chase Bank, National Association'), which is the entity that actually files HMDA data with regulators. This may differ from the consumer-facing brand, and does not include affiliated non-bank mortgage subsidiaries, if any, that file under a separate LEI.",
    "Large banks' HMDA denial shares can look elevated relative to smaller/specialist mortgage lenders because big banks solicit large volumes of preliminary/soft inquiries and HELOC or refinance applications from existing depositors that convert to formal 'applications' under Regulation C and are more likely to end in a coded denial rather than a quiet withdrawal; this is a data-collection/product-mix artifact, not proof of a stricter or discriminatory underwriting standard.",
    "LEI verification method: each candidate LEI was (1) matched against the GLEIF LEI registry for an exact legal-entity name match to the institution's National Association / credit-union charter, then (2) confirmed present in the CFPB HMDA 'filers' endpoint (states=DC, years=2024) with a large, plausible loan count, per the task's verification requirement. All 7 target lenders verified successfully.",
    "2024 is the latest annual HMDA dataset available via the Data Browser API at time of retrieval (years parameter accepts up through 2025, but 2025 is a partial/in-progress filing year, not a completed annual dataset); 2024 was used as 'latest complete annual year.'",
    "National benchmark uses the dedicated nationwide aggregation endpoint (view/nationwide/aggregations), which sums all HMDA filers in the U.S. for 2024, not a sum of only the 7 lenders in this file."
  ],
  "national": {
    "originated": 6197085,
    "denied": 2103462,
    "denialShare": 0.2534,
    "queryUrls": {
      "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/nationwide/aggregations?years=2024&actions_taken=1,3",
      "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/nationwide/aggregations?years=2024&actions_taken=1,3"
    }
  },
  "lenders": [
    {
      "issuerSlug": "chase",
      "filingEntity": "JPMorgan Chase Bank, National Association",
      "lei": "7H6GLXDRUGQFU57RNE97",
      "verified": true,
      "originated": 80744,
      "denied": 12095,
      "denialShare": 0.1303,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=7H6GLXDRUGQFU57RNE97&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=7H6GLXDRUGQFU57RNE97&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (exact legal-name match) and via HMDA filers endpoint (states=DC, 2024: 552 records under this LEI)."
    },
    {
      "issuerSlug": "wells-fargo",
      "filingEntity": "Wells Fargo Bank, National Association",
      "lei": "KB1H1DSPRFMYMCUFXT09",
      "verified": true,
      "originated": 37240,
      "denied": 17404,
      "denialShare": 0.3184,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=KB1H1DSPRFMYMCUFXT09&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=KB1H1DSPRFMYMCUFXT09&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (exact legal-name match) and via HMDA filers endpoint (states=DC, 2024: 228 records under this LEI)."
    },
    {
      "issuerSlug": "bank-of-america",
      "filingEntity": "Bank of America, National Association",
      "lei": "B4TYDEB6GKMZO031MB27",
      "verified": true,
      "originated": 83165,
      "denied": 80920,
      "denialShare": 0.4932,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=B4TYDEB6GKMZO031MB27&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=B4TYDEB6GKMZO031MB27&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (exact legal-name match) and via HMDA filers endpoint (states=DC, 2024: 590 records under this LEI). Denial share is unusually high relative to peers in this dataset; per methodology notes, HMDA denial counts include HELOC/refinance/preliminary applications and are not adjustable for applicant credit profile, so this figure should not be read as evidence of stricter or biased underwriting without further analysis."
    },
    {
      "issuerSlug": "citi",
      "filingEntity": "Citibank, National Association",
      "lei": "E57ODZWZ7FF32TWEFA76",
      "verified": true,
      "originated": 14104,
      "denied": 4681,
      "denialShare": 0.2492,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=E57ODZWZ7FF32TWEFA76&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=E57ODZWZ7FF32TWEFA76&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (exact legal-name match) and via HMDA filers endpoint (states=DC, 2024: 435 records under this LEI). Citi has substantially scaled back direct mortgage origination in recent years, so its volumes are smaller than the other national banks in this set."
    },
    {
      "issuerSlug": "us-bank",
      "filingEntity": "U.S. Bank National Association",
      "lei": "6BYL5QZYBDK8S7L73M02",
      "verified": true,
      "originated": 74512,
      "denied": 54155,
      "denialShare": 0.4209,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=6BYL5QZYBDK8S7L73M02&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=6BYL5QZYBDK8S7L73M02&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (single exact match to legal name, no ambiguity) and via HMDA filers endpoint (states=DC, 2024: 114 records under this LEI)."
    },
    {
      "issuerSlug": "navy-federal",
      "filingEntity": "Navy Federal Credit Union",
      "lei": "5493003GQDUH26DNNH17",
      "verified": true,
      "originated": 82022,
      "denied": 43754,
      "denialShare": 0.3479,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=5493003GQDUH26DNNH17&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=5493003GQDUH26DNNH17&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (exact legal-name match) and via HMDA filers endpoint (states=DC, 2024: 719 records under this LEI, the highest DC record count of any lender checked, consistent with Navy Federal's large membership base near military installations)."
    },
    {
      "issuerSlug": "penfed",
      "filingEntity": "Pentagon Federal Credit Union",
      "lei": "549300FX7K8PTEQUU487",
      "verified": true,
      "originated": 10514,
      "denied": 11315,
      "denialShare": 0.5183,
      "queryUrls": {
        "originated": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=549300FX7K8PTEQUU487&actions_taken=1,3",
        "denied": "https://ffiec.cfpb.gov/v2/data-browser-api/view/aggregations?years=2024&leis=549300FX7K8PTEQUU487&actions_taken=1,3"
      },
      "notes": "LEI confirmed via GLEIF (single exact match, no ambiguity) and via HMDA filers endpoint (states=DC, 2024: 233 records under this LEI). PenFed is the smallest-volume lender in this set; its denial share should be read with that smaller sample in mind."
    }
  ]
}