Dive summary:

• In a move that they say will help policy-makers better understand what's going on in the U.S. home-mortgage market nationally, the Federal Housing Finance Agency and the federal Consumer Financial Protection Bureau are going to create a database that they say will bring together mortgage information now spread across several organizations.
• The agencies say the database will not contain borrowers' personal identifications and that they have precautions in place to prevent identifying anyone from the data that will be kept there.
• They say the database will help them understand the health of the home-finance market, how consumers make decisions, borrowers' total debt burdens and other factors.

From the article:

The Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) have agreed to partner on the creation of a National Mortgage Database—the first comprehensive repository of detailed mortgage loan information. The database will primarily be used to support the agencies’ policymaking and research efforts and to help regulators better understand emerging mortgage and housing market trends. ...