Home loans to low and moderate income borrowers declined fromnearly 31% in 2012 to 26% in 2013, the Federal Financial Institutions Examination Council said.
Meanwhile, the share of refinanced home loans to those sameborrowers increased slightly from 19% in 2012 to 20% in 2013,according to FFIEC data collected from mortgage lenders under theHome Mortgage Disclosure Act, which was released Monday.
The data included disclosure statements from each coveredinstitution, aggregate data from each Metropolitan StatisticalArea, nationwide summary statistics of lending patterns and loanapplication registers.
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