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housing-economics
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from __future__ import annotations
import json
from pathlib import Path
from typing import Annotated
import typer
from rich.console import Console
from rich.table import Table
from lockin.config import Config, load_config
app = typer.Typer(
add_completion=False,
no_args_is_help=True,
help="Mortgage Rate Lock-In, Housing Liquidity, and Local Market Dynamics.",
)
console = Console()
ConfigOpt = Annotated[str, typer.Option("--config", "-c", help="Path to a run profile YAML.")]
def _cfg(config: str) -> Config:
cfg = load_config(config)
banner = (
"[bold yellow]SYNTHETIC[/] loan fixtures"
if cfg.data_class == "SYNTHETIC"
else "[bold green]REGISTERED[/] loan data"
)
console.print(f"profile [bold]{cfg.name}[/] · {banner} · config digest [dim]{cfg.digest()}[/]")
return cfg
def _report_problems(label: str, problems: list[str]) -> int:
hard = [p for p in problems if p.startswith("HARD")]
soft = [p for p in problems if p.startswith("SOFT")]
info = [p for p in problems if p.startswith("INFO")]
if not problems:
console.print(f" [green]✓[/] {label}: no issues")
return 0
for p in hard:
console.print(f" [bold red]✗[/] {p}")
for p in soft:
console.print(f" [yellow]![/] {p}")
for p in info:
console.print(f" [dim]i[/] {p}")
return len(hard)
# ---------------------------------------------------------------------------
@app.command("verify-schema")
def verify_schema() -> None:
"""Check the encoded Freddie Mac layout against its own invariants."""
from lockin.schemas.freddie import (
ORIGINATION_FIELDS,
PERFORMANCE_FIELDS,
SCHEMA_VERSION,
VERIFIED_AGAINST,
ZERO_BALANCE_CODES,
assert_layout_verified,
)
assert_layout_verified()
console.print(f"[green]✓[/] schema {SCHEMA_VERSION}")
console.print(
f" {len(ORIGINATION_FIELDS)} origination fields, "
f"{len(PERFORMANCE_FIELDS)} performance fields"
)
t = Table("ZB", "official label", "event class", "censored", "priority")
for z in sorted(ZERO_BALANCE_CODES.values(), key=lambda x: x.priority):
t.add_row(z.code, z.official_label, z.event_class, str(z.censoring), str(z.priority))
console.print(t)
console.print(" verified against:")
for k, v in VERIFIED_AGAINST.items():
console.print(f" {k}: {v}")
@app.command("check-registered-data")
def check_registered_data(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Preflight the registered Freddie Mac archives BEFORE a multi-hour ingest.
Reads only the head of each member: seconds, not hours. Exits non-zero on a blocker.
"""
from lockin.preflight import registration_steps, run_preflight
cfg = _cfg(config)
pf = run_preflight(cfg)
for f in pf.findings:
style = {"BLOCKER": "[bold red]x[/]", "WARNING": "[yellow]![/]", "INFO": "[dim]i[/]"}[
f.level
]
console.print(f" {style} {f.message}")
if pf.files:
t = Table("kind", "cohort", "fields", "expected", "probed", "source")
for row in pf.files:
t.add_row(
str(row["kind"]),
str(row["cohort"]),
str(row.get("modal_field_count", "?")),
str(row.get("expected_field_count", "?")),
str(row.get("lines_probed", 0)),
str(row["source"])[-52:],
)
console.print(t)
# No files at all means the user has not completed registration yet -- which is
# exactly when they need the steps, so print them BEFORE the blocker summary.
if not pf.files:
console.print("\n[bold]Steps only you can perform:[/]")
for step in registration_steps():
console.print(f" {step}")
if pf.n_blockers:
console.print(f"\n[bold red]{pf.n_blockers} blocker(s).[/] Do not ingest yet.")
raise typer.Exit(code=1)
console.print("\n[green]Preflight clean.[/] Set mortgage.mode and run `make reproduce-sample`.")
@app.command("emit-layout")
def emit_layout() -> None:
"""Regenerate data/reference/freddie_llds_layout.yaml from the schema module.
The YAML is committed so the field map is reviewable without reading Python; it is
generated so the two cannot drift. A test enforces that they agree.
"""
import yaml
from lockin.config import REPO_ROOT
from lockin.schemas.freddie import assert_layout_verified, layout_spec
assert_layout_verified()
out = REPO_ROOT / "data" / "reference" / "freddie_llds_layout.yaml"
out.parent.mkdir(parents=True, exist_ok=True)
with out.open("w") as fh:
fh.write("# GENERATED by `lockin emit-layout` -- do not hand-edit.\n")
yaml.safe_dump(layout_spec(), fh, sort_keys=False, allow_unicode=True, width=100)
console.print(f"[green]OK[/] wrote {out}")
@app.command("fetch-public-data")
def fetch_public_data(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Download the official public series, required and optional."""
from lockin.adapters import (
bls_laus,
census_bps,
fhfa_hpi,
hmda,
omb_cbsa,
pmms,
teleworkable,
)
cfg = _cfg(config)
results: dict[str, str] = {}
for label, fn in (
("pmms", lambda: pmms.fetch(cfg)),
("fhfa_hpi", lambda: fhfa_hpi.fetch(cfg)),
):
try:
coverage, rows = fn()
results[label] = f"ok · {rows:,} rows · {coverage}"
except Exception as exc:
results[label] = f"FAILED · {type(exc).__name__}: {exc}"
if cfg.rates.cross_check_fred:
try:
df = pmms.fetch_fred_cross_check(cfg)
results["fred_mortgage30us"] = f"ok · {df.height:,} rows"
except Exception as exc:
results["fred_mortgage30us"] = f"FAILED · {exc}"
try:
coverage, rows = census_bps.fetch(cfg)
results["census_bps"] = f"ok · {rows:,} rows · {coverage}"
except Exception as exc:
results["census_bps"] = f"FAILED · {type(exc).__name__}: {exc}"
try:
coverage, rows = hmda.fetch(cfg)
results["hmda"] = f"ok · {rows:,} rows · {coverage}"
except Exception as exc:
results["hmda"] = f"FAILED · {type(exc).__name__}: {exc}"
# Optional sources. Each one closes a specific identification threat, and each is
# allowed to fail: the pipeline records the absence on every artifact rather than
# stopping. They are fetched HERE so that a fresh clone actually gets them --
# previously LAUS was only ever `try_load`ed, so a new checkout ran with the
# labour-shock threat uncontrolled while the documentation said otherwise.
optional: dict[str, str] = {}
try:
coverage, rows = bls_laus.fetch(cfg)
optional["bls_laus"] = f"ok · {rows:,} rows · {coverage}"
except Exception as exc:
optional["bls_laus"] = f"FAILED · {type(exc).__name__}: {exc}"
try:
counts = teleworkable.fetch(cfg)
optional["teleworkable"] = f"ok · {counts['state']} states · {counts['msa']} CBSAs"
except Exception as exc:
optional["teleworkable"] = f"FAILED · {type(exc).__name__}: {exc}"
# Metropolitan variants, fetched only when the run is actually at MSA geography:
# each costs real requests against a public service, and the state-level run has no
# use for them.
if cfg.panel.geography == "msa":
for label, fn in (
("hmda_msa", lambda: hmda.fetch_msa(cfg)),
("census_bps_metro", lambda: census_bps.fetch_metro(cfg)),
("bls_laus_metro", lambda: bls_laus.fetch_metro(cfg)),
):
try:
coverage, rows = fn()
optional[label] = f"ok · {rows:,} rows · {coverage}"
except Exception as exc:
optional[label] = f"FAILED · {type(exc).__name__}: {exc}"
try:
cw = omb_cbsa.fetch(cfg)
optional["omb_cbsa"] = (
f"ok · {cw['codes']:,} codes · {cw.get('stable', 0):,} stable across "
f"{len(omb_cbsa.VINTAGES)} vintages"
)
except Exception as exc:
optional["omb_cbsa"] = f"FAILED · {type(exc).__name__}: {exc}"
t = Table("source", "tier", "result")
for k, v in results.items():
t.add_row(k, "required", v)
for k, v in optional.items():
t.add_row(k, "optional", v)
console.print(t)
if any(v.startswith("FAILED") for v in results.values()):
console.print("[yellow]Some sources failed. The pipeline continues with what is cached.[/]")
for k, v in optional.items():
if v.startswith("FAILED"):
console.print(
f"[yellow]{k} unavailable — the threat it addresses stays UNCONTROLLED "
"and every artifact records that.[/]"
)
@app.command("prepare-sample-data")
def prepare_sample_data(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Generate labeled SYNTHETIC loan fixtures (no restricted data involved)."""
from lockin.adapters import freddie_llds, pmms
from lockin.fixtures import generate
from lockin.rates import monthly_market_rate
cfg = _cfg(config)
console.print(freddie_llds.availability_message(cfg))
if cfg.mortgage.mode != "synthetic" and freddie_llds.discover(cfg):
console.print("[green]Registered data present; skipping fixture generation.[/]")
return
rates = monthly_market_rate(pmms.load(cfg), series=cfg.rates.series)
summary = generate(cfg, rates)
console.print(
f"[green]✓[/] wrote {len(summary.files)} SYNTHETIC files: "
f"{summary.n_loans:,} loans, {summary.n_performance_rows:,} loan-months, "
f"cohorts {summary.cohorts}, seed {summary.seed}"
)
console.print("[yellow]These are synthetic. No number derived from them is a finding.[/]")
@app.command("ingest-mortgages")
def ingest_mortgages(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Parse origination and monthly performance files into partitioned Parquet."""
from lockin.ingest import origination, performance
cfg = _cfg(config)
o = origination.ingest(cfg)
console.print(f"[green]✓[/] origination: {sum(o.values()):,} loans {dict(o)}")
p = performance.ingest(cfg)
console.print(f"[green]✓[/] performance: {sum(p.values()):,} loan-months {dict(p)}")
@app.command("build-loan-events")
def build_loan_events_cmd(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Build the documented loan-event table (exits, censoring, left truncation)."""
from lockin.events import build_loan_events, validate_events, write_loan_events
cfg = _cfg(config)
events = build_loan_events(cfg)
hard = _report_problems("loan events", validate_events(events))
path, summ = write_loan_events(cfg, events)
console.print(f"[green]✓[/] {events.height:,} loans -> {path}")
t = Table("event type", "loans", "share")
for row in summ["by_event_type"]:
t.add_row(
str(row["event_type"]),
f"{int(row['n_loans']):,}",
f"{100 * int(row['n_loans']) / events.height:.1f}%",
)
console.print(t)
if hard:
raise typer.Exit(code=1)
@app.command("build-lockin")
def build_lockin_cmd(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Attach point-in-time market rates and compute all lock-in measures."""
from lockin.adapters import fhfa_hpi, pmms
from lockin.episodes import build_episodes, validate_episodes, write_episodes
from lockin.events import load_loan_events
from lockin.rates import assert_no_look_ahead, monthly_market_rate
cfg = _cfg(config)
rates = monthly_market_rate(pmms.load(cfg), series=cfg.rates.series)
assert_no_look_ahead(rates)
console.print(f" point-in-time market rates: {rates.height} months, no look-ahead ✓")
try:
hpi_q = fhfa_hpi.load_series(
cfg,
flavor=cfg.panel.hpi_flavor,
frequency=cfg.panel.hpi_frequency,
level="State",
seasonal=cfg.panel.hpi_seasonal,
)
# The episode table needs a monthly index value to scale LTV. A quarterly
# index expanded by holding the level within the quarter is acceptable for
# that purpose and is labeled in index_basis; it is NEVER used as an outcome.
hpi = fhfa_hpi.to_monthly(hpi_q)
console.print(
f" FHFA HPI ({cfg.panel.hpi_flavor}, {cfg.panel.hpi_frequency}, State): "
f"{hpi_q.height:,} rows -> {hpi.height:,} monthly rows "
f"(basis: {hpi['index_basis'][0]})"
)
except (FileNotFoundError, ValueError) as exc:
console.print(f" [yellow]![/] HPI unavailable ({exc}); estimated LTV degrades")
hpi = None
events = load_loan_events(cfg)
# Build and write one cohort at a time. Collecting all cohorts at once
# materialises the whole episode table, which OOM-kills the process on the full
# Standard dataset. See lockin.episodes.write_episodes.
cohorts = sorted(set(events["cohort"].unique().to_list()))
if len(cohorts) > 1:
path, n = write_episodes(
cfg,
build=lambda c: build_episodes(cfg, events, rates, hpi, cohort=c),
cohorts=cohorts,
)
else:
path, n = write_episodes(cfg, build_episodes(cfg, events, rates, hpi))
console.print(f"[green]✓[/] {n:,} loan-month episodes -> {path}")
hard = _report_problems("episodes", validate_episodes(cfg))
if hard:
raise typer.Exit(code=1)
@app.command("build-local-panel")
def build_local_panel_cmd(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Build the geography-month active stock and the local housing-market panel."""
from lockin.panel.build import build_local_panel
from lockin.stock import build_active_stock
cfg = _cfg(config)
stock, spath = build_active_stock(cfg)
console.print(
f"[green]✓[/] active mortgage stock: {stock.height:,} geography-months -> {spath}"
)
panel, ppath, notes = build_local_panel(cfg)
console.print(f"[green]✓[/] local market panel: {panel.height:,} rows -> {ppath}")
for n in notes:
console.print(f" [dim]·[/] {n}")
@app.command("validate-data")
def validate_data(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Schema, coverage, checksum, and internal-consistency validation."""
from lockin.validate import run_all_validations
cfg = _cfg(config)
result = run_all_validations(cfg)
for section, problems in result["sections"].items(): # type: ignore[index]
console.print(f"[bold]{section}[/]")
_report_problems(section, problems)
console.print(
f"\n[bold]{result['n_hard']}[/] hard, [bold]{result['n_soft']}[/] soft, "
f"[bold]{result['n_info']}[/] informational"
)
if int(result["n_hard"]) > 0: # type: ignore[arg-type]
raise typer.Exit(code=1)
@app.command("estimate-hazards")
def estimate_hazards(config: ConfigOpt = "configs/sample.yaml") -> None:
"""KM/CIF description, discrete-time logit and cloglog, Cox, competing risks."""
from lockin.survival.run import run_hazard_ladder
cfg = _cfg(config)
written = run_hazard_ladder(cfg)
for name, path in written.items():
console.print(f" [green]✓[/] {name} -> {path}")
@app.command("estimate-local-effects")
def estimate_local_effects(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Continuous-treatment event study, DiD panel, pre-trends, placebos."""
from lockin.panel.eventstudy import run_event_studies
cfg = _cfg(config)
written = run_event_studies(cfg)
for name, path in written.items():
console.print(f" [green]✓[/] {name} -> {path}")
@app.command("robustness")
def robustness(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Run the robustness and falsification grid."""
from lockin.panel.robustness import run_robustness_grid
cfg = _cfg(config)
path, n_fail = run_robustness_grid(cfg)
console.print(f" [green]✓[/] robustness grid -> {path} ({n_fail} cells flagged)")
@app.command("benchmark")
def benchmark(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Compare against published mortgage lock-in research benchmarks."""
from lockin.benchmark import run_benchmark
cfg = _cfg(config)
path = run_benchmark(cfg)
console.print(f" [green]✓[/] benchmark comparison -> {path}")
@app.command("simulate-policy")
def simulate_policy(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Run the model-dependent policy counterfactual scenarios."""
from lockin.simulate.scenarios import run_scenarios
cfg = _cfg(config)
written = run_scenarios(cfg)
for name, path in written.items():
console.print(f" [green]✓[/] {name} -> {path}")
console.print("[yellow]Scenarios are model-dependent projections, not forecasts.[/]")
@app.command("report")
def report(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Regenerate every report in reports/ from result artifacts."""
from lockin.reporting.render import render_all
cfg = _cfg(config)
written = render_all(cfg)
for p in written:
console.print(f" [green]✓[/] {p}")
@app.command("status")
def status(config: ConfigOpt = "configs/sample.yaml") -> None:
"""Print pipeline state: which stages have run and what they produced."""
from lockin.pipeline_status import pipeline_status
cfg = _cfg(config)
st = pipeline_status(cfg)
t = Table("stage", "state", "detail")
for row in st["stages"]: # type: ignore[index]
mark = "[green]✓[/]" if row["ok"] else "[red]✗[/]"
t.add_row(str(row["stage"]), mark, str(row["detail"]))
console.print(t)
console.print(json.dumps({k: v for k, v in st.items() if k != "stages"}, indent=2))
@app.command("dump-artifact")
def dump_artifact(group: str, name: str, config: ConfigOpt = "configs/sample.yaml") -> None:
"""Print one result artifact as JSON."""
from lockin.artifacts import read_artifact
cfg = load_config(config)
console.print_json(json.dumps(read_artifact(cfg, group, name)))
def app_main() -> None: # pragma: no cover - entry point
app()
if __name__ == "__main__": # pragma: no cover
app_main()
def _unused(p: Path) -> None: # pragma: no cover
return None
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