July 2, 2024

FHFA: Data Visualization Dashboard Released for NMDB Outstanding Residential Mortgage Statistics

Data provides information about active residential mortgages in the United States.

The Federal Housing Finance Agency (FHFA) today published updated aggregate statistics from the National Mortgage Database (NMDB®) and launched the NMDB Aggregate Statistics Dashboard—a new data visualization tool for the NMDB Outstanding Residential Mortgage Statistics.

“The release of updated data will allow stakeholders to better understand emerging mortgage and housing market trends,” said Director Sandra L. Thompson. “Additionally, the new dashboard will ensure that information about the volume and characteristics of mortgages held by U.S. households is more easily accessible and available to the public.”

Today’s release describes outstanding residential mortgage debt at the end of the first quarter of 2024. Highlights include:

NMDB Aggregate Statistics include summary statistics derived by aggregating data in the NMDB. The NMDB is a de-identified database of closed-end first-lien residential mortgages, containing a nationally representative sample of mortgages in the United States. To make NMDB statistics available to the general public, FHFA produces the NMDB Aggregate Statistics. More information about the NMDB Aggregate Statistics is available on the FHFA website.

Publication of aggregate statistics from NMDB is a step toward carrying out the statutory requirements of section 1324(c) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. The statute requires FHFA to conduct a monthly mortgage market survey to collect data on the characteristics of individual mortgages, both Enterprise and non-Enterprise, and to make the data available to the public while protecting the privacy of the borrowers.

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This post was originally published here.