PROPERTY OWNERS AND MANAGERS SURVEY
                      MULTI FAMILY PROPERTIES:  HOLD AND SERVICE FIRST MORTGAGE
                                      TABLE 88
    
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    !                     !          !          TYPE OF MULTI FAMILY PROPERTY                   !
    !                     !          !__________________________________________________________!
    !                     !  TOTAL   !         !        !        !         !          ! 50 OR   !
    !                     ! UNITED   !         ! 3 TO 4 ! 5 TO 9 ! 10 TO 19! 20 TO 49 ! MORE    !
    !                     ! STATES   ! 2 UNITS ! UNITS  ! UNITS  !  UNITS  !  UNITS   ! UNITS   !
    !___________________________________________________________________________________________!
    !TOTAL UNITED STATES  ! 20584822 ! 3084750 !2471070 !1894445 ! 1467786 !  2223786 ! 9442986 !
    !___________________________________________________________________________________________!
    !HOLD AND SERVICE     !          !         !        !        !         !          !         !
    !FIRST MORTGAGE       !          !         !        !        !         !          !         !
    !_____________________!          !         !        !        !         !          !         !
    !MORTGAGED*           ! 16916069 ! 1991573 !1726120 !1347698 ! 1134121 !  1920745 ! 8795812 !
    !___________________________________________________________________________________________!
    ! HOLD AND SERVICE    !  7059543 ! 1150042 !1121188 ! 733210 !  480369 !   867547 ! 2707187 !
    !___________________________________________________________________________________________!
    ! SERVICE ONLY        !  1073270 !  114765 !  87312 !  69705 !   49214 !   130325 !  621949 !
    !___________________________________________________________________________________________!
    ! DONT KNOW           !  2374435 !  254655 ! 149360 ! 157766 !  191542 !   236171 ! 1384941 !
    !___________________________________________________________________________________________!
    ! NOT REPORTED*       !  6408824 !  472111 ! 368258 ! 387018 !  412998 !   686703 ! 4081736 !
    !___________________________________________________________________________________________!
    !NOT MORTGAGED        !  3668750 ! 1093177 ! 744951 ! 546745 !  333663 !   303040 !  647174 !
    !___________________________________________________________________________________________!
    
     *NOTE: Includes not reported on mortgage status