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#1652252 - 01/18/12 06:38 PM 2012 Geocoding
Valley Girl Offline
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Joined: Feb 2008
Posts: 142
The FFIEC's geocoding system has a drop-down box for 2012 data. Usually it is much later in the year before that year's geocoding data is availalabe. For instance, 2011 data was not available until halfway through 2011.

Should we be using the 2012 data for loans where the "action taken date" is in 2012?

Thanks!

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#1652260 - 01/18/12 06:43 PM Re: 2012 Geocoding Valley Girl
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Yes. The new tracts are based upon the 2010 census and are effective 1/1/2012. Tract income data is now included (It wasn't when the 2012 data first was loaded.) The demographic date won't be available until summer (June). The tracts were loaded before the other data because the country was remapped and many tracts have changed (split into 2 or more, merged, renumbered). You need the correct tract number and tract income even though you won't have the corresponding demographic data until later in the year.

There is info and a link to a notice on the search screen.
Last edited by Kathleen B; 01/18/12 06:50 PM.
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#1652462 - 01/18/12 09:27 PM Re: 2012 Geocoding Valley Girl
1995Banker Offline
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Posts: 241
Is there a way to get a listing of the changed tracts? Thanks!
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#1652479 - 01/18/12 09:30 PM Re: 2012 Geocoding Valley Girl
Dan Persfull Offline
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Dan Persfull
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Bloomington, IN
http://www.ffiec.gov/hmda/default.htm

Look under the What's New column to the right of the page.
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#1652593 - 01/19/12 01:27 PM Re: 2012 Geocoding Dan Persfull
1995Banker Offline
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Joined: Apr 2002
Posts: 241
Thanks Dan...I completely overlooked it!
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