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Inman Connect The number of homeowners refinancing their mortgages more than doubled last year, driving a boom in home lending during the early months of the pandemic, new federal data shows. Lenders in 2020 reported refinancing more than 8.7 million loans for single-family properties, up from 3.7 million the year before, according to data released Thursday by the Federal Financial Institutions Examination Council.  A broad class of financial institutions is required to report this information each year in accordance with the Home Mortgage Disclosure Act, which seeks details about applications for home loans.  The dataset offers a detailed window into trillions of dollars worth of originated loans for home purchases, home-improvement projects, refinancing and other purposes. 

United statesFinancial institutions examination councilFederal financial institutions examinationHome mortgage disclosure actAsian americanஒன்றுபட்டது மாநிலங்களில்நிதி நிறுவனங்கள் தேர்வு சபைகூட்டாட்சியின் நிதி நிறுவனங்கள் தேர்வுவீடு அடமானம் வெளிப்படுத்தல் நாடகம்ஆசிய அமெரிக்கன்