The Community Reinvestment Act (CRA) requires large banks to report new small business and small farm loans. For small business loans, the maximum loan size reported is $1 million; for small farm loans, the maximum is $500,000. This indicator reports the new lending to businesses with revenues under $1 million, by amount and number of…
Lending institutions must report all loans for home purchases, home improvements, and mortgage refinancing based on the Home Mortgage Disclosure Act (HMDA) of 1975. This indicator displays information derived from the 2022 HMDA one year national loan-level data files. Source Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act, 2022.Additional data analysis by CARES. Source…