How does Moody's Analytics define a "conforming loan" in the HMDA database?
With the HMDA dataset, we define a conforming loan as having a maximum amount no greater than the figure published by the FHFA (as seen in annual series HFHFBCL.US). For 2006 to 2012, this limit was set to $417,000. We hold the limit constant for all geographies, and do not distinguish high-cost areas.
See Also: FHFA Conforming Loan Limits
Home Mortgage Dislosure Act (HMDA)