Announcements
Guest Speaker: Tuesday, Oct. 11. Prof. Timothy Yeager, Walton College of Business, Arkansas Bankers Assn. Endowed Chair
–Former economist at the St. Louis Federal Reserve Bank
http://walton.uark.edu/directory/?id=tyeager
Class Project From My Baltimore Business Reporting Class, Spring 2016
University of Maryland Philip Merrill College of Journalism
More data to explore
http://www.nwacouncil.org/pages/data-summary-nwa/
From Ginny Monk:
http://cber.uark.edu/files/2014_State_of_the_NWA_Region_Report_pressquality.pdf
From Ashton Eley:
It is difficult to find the average income of these races, but as of 2015, 16.9 percent for Asian-Americans and 15.7 percent for Native Americans were below the poverty rate in Arkansas, according to the Center of American Progress. This can be compared to the overall percentage of 18.9 percent. Here is a good article for a national perspective on Asian-Americans: http://www.npr.org/templates/story/story.php?storyId=185534666
There’s an adventure involving researching the individual banks and their lending records:
http://www.ffiec.gov/hmda/hmdaproducts.htm
–Who are the largest lenders in the region?
Team Analysis of Other HMDA Tables
Each Team:
1) Will Combine the Spreadsheets
2) Analyze the Breakdown By Race
3) Produce a Basic Excel Chart With The Finding
4) Post The Graphic and Text Describing Your Findings And Questions in A Blog Post.
Team #1: Reasons for Denials – Conventional and Government Loans
Flores, Messina, Lyster, Billmyre
AGGREGATE TABLE 8-1 and AGGREGATE TABLE 8-2:
REASONS FOR DENIAL OF APPLICATIONS FOR FHA, FSA/RHS, AND VA HOME-PURCHASE LOANS, 1- TO 4-FAMILY AND MANUFACTURED HOME DWELLINGS & REASONS FOR DENIAL OF APPLICATIONS FOR CONVENTIONAL HOME-PURCHASE LOANS, 1- TO 4-FAMILY AND MANUFACTURED HOME DWELLINGS, BY RACE,
2014-reasons-for-denials-conventionalha8-2
Team #2 Incomes of Applicants
Dobrin,Thomas, Taylor Pratt, Ball
AGGREGATE TABLE 5-1 & AGGREGATE TABLE 5-2.
DISPOSITION OF APPLICATIONS FOR FHA, FSA/RHS, AND VA HOME-PURCHASE LOANS, 1- TO 4-FAMILY AND MANUFACTURED HOME DWELLINGS, BY INCOME, RACE AND ETHNICITY OF APPLICANT, 2014. DISPOSITION OF APPLICATIONS FOR CONVENTIONAL HOME-PURCHASE LOANS, 1- TO 4-FAMILY AND MANUFACTURED HOME
2014_ha5-1-disposition-by-race-income
Team #3 Past HMDA Data, 2013 and 2010
Taylor Pray, Eley, Henry
Analyze the 2013 and 2010 for the AGGREGATE TABLE 4-1 and 4-2, DISPOSITION OF APPLICATIONS FOR CONVENTIONAL HOME-PURCHASE LOANS, 1- TO 4-FAMILY AND MANUFACTURED HOME DWELLINGS, BY RACE, ETHNICITY, GENDER AND INCOME OF APPLICANT, 2014
Team #4 Loans By Major Banks
Monk, Ward, Trupp
http://www.ffiec.gov/hmda/hmdaproducts.htm
–Disclosure Reports (by Institution), 1999 – 2014 HMDA
–Search by Loan Location
–INSTITUTION SEARCH BY LOAN LOCATION
–Arkansas, Fayetteville MSA
Search for Legacy Bank, First Security, Arvest Mortgage, Wells Fargo, Bank of America
HOMEWORK FOR Monday, Oct. 3
–Complete Your Team Assignment and Post to Blog by 5 pm Monday, Oct. 3.
You can produce a group product.
But each person is responsible for posting this material on the blog. Name your team members in the blog post.