- (1) demographic data including median income levels, distribution of household income, housing data, and any other relevant data pertaining to a mortgage banker’s assessment area(s);
- (2) the performance of all mortgage lenders, including banking institutions as defined in Part 76 of this Title, in the mortgage banker’s assessment area(s);
- (3) lending and service opportunities in the mortgage banker’s assessment area(s);
- (4) the mortgage banker’s product offerings and business strategy;
- (5) the mortgage banker’s institutional capacity and constraints;
- (6) the mortgage banker’s past performance;
- (7) the mortgage banker’s market share in its assessment area;
- (8) community input; and
- (9) any other information deemed relevant by the department.
(a) Performance tests.
The department assesses the performance of mortgage bankers at meeting the credit needs of its community by applying the lending and service tests, as provided in sections 120.7 and 120.8 of this Part.
(b) Performance context.
The department will apply the tests in subdivision (a) of this section in the context of: