Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 2-5. FHA First Mortgages by Holder of Mortgage, 1-Unit Homeowner Mortgaged Properties
^Number of mortgaged properties in thousands.
For information on confidentiality protection, sampling error, non-sampling error, and definitions, see text.
For minimum base of derived figures (percent, median, etc.) and meaning of symbols, see text^^

		Holder of First Mortgage
	Total	Commercial bank or trust company	Savings and loan association	Mutual savings bank	Life insurance company	Mortgage banker or mortgage company	Federally- sponsored agency or mortgage pool	Conventional mortgage pool	Other federal agency	Real estate investment trust (REIT)	Pension fund or retirement fund	Credit union	Finance company	State or municipal government or housing finance agency	Individual or individual's estate	Other
1-housing-unit properties with traditional first mortgage	3985	440	225	52	62	496	2244	44	75	3	0	50	16	206	30	42
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs	3482	369	194	52	53	466	1999	32	71	3	0	35	8	148	15	35
In central cities	1216	112	56	20	22	160	710	9	25	3	0	5	4	70	6	13
Not in central cities	2265	257	138	32	31	306	1288	22	46	0	0	30	4	78	10	22
Outside MAs	504	71	31	0	9	30	245	12	4	0	0	15	8	57	14	7
Year Structure Built 1999 to March 2000	238	30	14	0	9	12	154	0	9	0	0	4	4	3	0	0
1997 and 1998	211	15	0	0	4	35	145	0	0	3	0	0	0	0	6	3
1995 and 1996	160	27	13	3	0	11	81	0	4	0	0	0	4	7	4	5
1990 to 1994	273	25	11	0	0	53	134	12	7	0	0	4	0	19	6	4
1980 to 1989	703	97	26	12	6	103	396	7	17	0	0	4	0	18	5	12
1970 to 1979	759	55	36	19	9	93	425	16	15	0	0	10	4	65	5	7
1960 to 1969	373	49	46	3	8	48	187	0	5	0	0	0	0	18	5	3
1950 to 1959	561	73	21	10	14	70	317	9	10	0	0	3	0	36	0	0
1940 to 1949	282	24	10	0	7	43	159	0	5	0	0	8	4	20	0	0
1939 or earlier	424	45	47	6	5	27	246	0	4	0	0	17	0	20	0	7
Purchase Price Properties acquired by purchase 1997 to 2001 (part)	2020	171	68	10	27	313	1237	20	26	3	0	15	12	99	11	7
Less than $20,000	22	6	0	0	0	0	10	0	0	0	0	6	0	0	0	0
$20,000 to $39,999	106	3	0	0	8	4	62	0	4	0	0	5	0	15	6	0
$40,000 to $59,999	223	31	3	0	5	28	119	12	6	0	0	0	4	14	0	0
$60,000 to $79,999	383	15	15	3	6	66	237	3	6	0	0	0	4	27	0	0
$80,000 to $99,999	413	26	0	0	0	47	311	5	5	0	0	0	0	20	0	0
$100,000 to $124,999	318	38	13	6	0	72	179	0	3	0	0	0	0	7	0	0
$125,000 to $149,999	268	31	12	0	5	53	154	0	3	3	0	0	0	7	0	0
$150,000 to $174,999	111	9	8	0	4	20	57	0	0	0	0	0	4	0	5	3
$175,000 to $199,999	95	12	5	0	0	11	62	0	0	0	0	0	0	6	0	0
$200,000 to $249,999	38	0	5	0	0	5	21	0	0	0	0	4	0	3	0	0
$250,000 to $299,999	10	0	0	0	0	6	4	0	0	0	0	0	0	0	0	0
$300,000 to $499,999	22	0	7	0	0	0	11	0	0	0	0	0	0	0	0	4
$500,000 or more	10	0	0	0	0	0	10	0	0	0	0	0	0	0	0	0
Median	93332	102783	130359	106112	62424	103953	92238	56710	72843	137500	0	25932	69343	74814	38527	313743
Mean	107267	100707	141626	96646	77267	107485	110284	57353	79185	130000	0	70699	94108	82868	82675	239101
Other properties	1966	269	157	42	35	184	1006	24	49	0	0	35	4	106	19	35
Value Less than $20,000	41	9	5	0	0	0	15	0	0	0	0	6	0	5	0	0
$20,000 to $39,999	134	18	4	0	8	4	74	0	9	0	0	0	0	7	11	0
$40,000 to $59,999	318	41	18	10	4	14	181	12	11	0	0	4	0	13	0	9
$60,000 to $79,999	590	31	30	6	6	78	350	4	8	0	0	16	4	58	0	0
$80,000 to $99,999	780	70	30	3	14	93	471	18	10	0	0	5	4	46	9	7
$100,000 to $124,999	586	69	41	21	0	96	317	5	6	0	0	0	4	23	0	4
$125,000 to $149,999	511	42	16	9	11	98	316	0	7	3	0	0	0	9	0	0
$150,000 to $174,999	350	64	23	4	5	35	179	5	0	0	0	8	4	18	0	4
$175,000 to $199,999	281	37	19	0	0	50	153	0	0	0	0	0	0	10	5	7
$200,000 to $249,999	177	18	13	0	4	19	91	0	12	0	0	4	0	9	5	3
$250,000 to $299,999	80	8	13	0	3	0	36	0	8	0	0	7	0	0	0	5
$300,000 to $499,999	99	27	12	0	8	6	43	0	0	0	0	0	0	4	0	0
$500,000 or more	38	6	0	0	0	4	17	0	4	0	0	0	0	4	0	4
Median	105548	118316	115369	109064	99824	115556	102399	86806	98094	137500	0	79004	102491	88440	88273	159054
Mean	123634	134529	133949	95820	134683	127550	121084	87993	139502	140000	0	113452	106420	108153	99989	180578
Value of Capital Improvements Properties with capital improvements between 1998 and 2000	2223	229	123	28	37	285	1280	17	37	3	0	34	4	112	14	21
Less than $500	34	0	0	6	0	12	13	0	0	0	0	0	0	4	0	0
$500 to $999	89	14	5	0	0	9	62	0	0	0	0	0	0	0	0	0
$1,000 to $2,499	430	46	23	4	6	61	240	12	10	3	0	3	0	16	6	0
$2,500 to $4,999	420	40	22	6	0	50	259	0	6	0	0	5	4	15	4	11
$5,000 to $7,499	478	34	38	3	4	69	287	5	4	0	0	8	0	22	0	4
$7,500 to $9,999	109	17	4	0	6	12	52	0	3	0	0	0	0	15	0	0
$10,000 to $14,999	276	23	13	3	11	24	175	0	0	0	0	14	0	11	0	3
$15,000 to $19,999	131	13	7	6	0	17	62	0	9	0	0	0	0	17	0	0
$20,000 to $29,999	154	23	3	0	4	28	80	0	0	0	0	3	0	13	0	0
$30,000 or more	102	19	9	0	8	4	50	0	4	0	0	0	0	0	5	4
Median	5725	6109	5808	4284	11648	5399	5578	2090	6615	1750	0	10212	3750	7332	3567	4977
Mean	8373	9485	8429	6058	17837	6927	8056	2560	15374	2000	0	8947	3000	8598	12132	11173
Properties with no capital improvements between 1998 and 2000	1366	141	77	25	16	180	780	23	25	0	0	16	12	57	6	8
Capital improvements not reported	396	70	25	0	9	32	184	3	14	0	0	0	0	37	10	13
Age Restrictions Property located in subdivision restricted to people age 55 or older	261	17	19	6	6	40	145	0	4	3	0	4	0	8	6	4
Property located in subdivision not restricted to people age 55 or older	3569	397	206	37	56	446	2023	40	61	0	0	46	16	181	24	35
Not reported	156	26	0	9	0	11	75	3	10	0	0	0	0	17	0	4
Neighborhood Composition Property located in subdivision or neighborhood occupied predominantly by people age 55 or older	301	35	50	11	0	17	147	12	0	0	0	11	4	14	0	0
Property located in subdivision or neighborhood not occupied predominantly by people age 55 or older	2558	274	123	11	43	312	1498	28	49	0	0	27	9	141	19	26
Don't know or not reported	1126	131	52	30	19	167	599	3	27	3	0	12	4	51	10	17
OWNER CHARACTERISTICS Age of Owner Under 25	78	13	0	0	0	8	41	0	3	0	0	5	0	7	0	0
25 to 34	934	51	30	9	9	142	599	12	14	0	0	4	0	48	10	7
35 to 44	1155	129	45	18	11	179	617	26	17	0	0	15	8	73	5	11
45 to 54	952	100	76	6	31	108	516	5	19	0	0	5	4	56	15	11
55 to 64	469	64	34	10	7	26	279	0	14	0	0	14	4	14	0	5
65 to 74	143	22	12	0	4	9	88	0	0	0	0	0	0	4	0	4
75 and over	56	9	3	0	0	7	28	0	0	3	0	6	0	0	0	0
Not reported	198	51	24	10	0	17	77	0	9	0	0	0	0	3	0	5
Median	43	45	48	42	49	40	42	39	44	87	0	45	45	41	45	46
Race of Owner White alone	3319	378	195	27	50	397	1875	38	44	3	0	50	16	183	24	37
Black or African American alone	521	43	27	17	9	81	293	6	22	0	0	0	0	12	6	5
American Indian or Alaska Native alone	33	5	0	0	0	0	16	0	4	0	0	0	0	8	0	0
Asian alone	84	14	3	8	3	18	30	0	5	0	0	0	0	3	0	0
Native Hawaiian or Other Pacific Islander alone	5	0	0	0	0	0	5	0	0	0	0	0	0	0	0	0
Two or more races	24	0	0	0	0	0	24	0	0	0	0	0	0	0	0	0
Sex of Owner Male/Male and female co-owners	3125	339	159	31	54	355	1811	38	56	3	0	44	12	165	24	33
Female	860	101	66	21	8	141	433	5	19	0	0	6	4	41	6	9
Hispanic/Latino Origin Hispanic/Latino owner(s) only	557	62	14	9	0	100	334	0	8	0	0	0	0	28	0	0
No Hispanic/Latino owner(s)	3429	378	211	43	62	396	1909	44	67	3	0	50	16	177	30	42
Veteran Status@1 Veteran	551	45	41	6	13	44	317	10	15	3	0	14	4	36	0	4
Active member of Reserves or National Guard for at least 6 years	108	3	4	6	4	13	72	0	4	0	0	0	0	3	0	0
Persian Gulf War or after (August 1990 to present)	76	0	4	0	0	9	57	0	4	0	0	0	0	3	0	0
Vietnam or after (August 1964 to July 1990)	352	33	41	0	9	27	174	10	11	0	0	14	0	29	0	4
Korean conflict or after (July 1950 to July 1964)	87	0	7	0	0	6	66	0	4	0	0	0	4	0	0	0
World War II or after (September 1940 to June 1950)	39	9	3	0	0	1	19	0	0	3	0	0	0	4	0	0
Nonveteran	3240	359	163	41	39	442	1834	34	48	0	0	36	12	167	30	35
Not reported	194	36	21	6	10	10	92	0	12	0	0	0	0	3	0	4
Income Less than $5,000	314	32	20	10	0	42	157	0	8	0	0	0	0	25	15	5
$5,000 to $9,999	50	11	5	0	0	4	24	0	1	0	0	6	0	0	0	0
$10,000 to $14,999	55	8	1	6	0	0	40	0	0	0	0	0	0	0	0	0
$15,000 to $19,999	76	20	5	0	0	0	38	0	6	0	0	0	0	4	0	4
$20,000 to $24,999	152	26	6	0	4	12	86	0	6	0	0	5	0	4	0	5
$25,000 to $29,999	262	13	6	6	4	45	159	0	13	0	0	5	0	12	0	0
$30,000 to $34,999	283	17	25	6	6	25	166	0	6	0	0	5	0	18	6	4
$35,000 to $39,999	248	44	12	4	7	50	112	4	0	0	0	0	4	12	0	0
$40,000 to $49,999	633	29	37	9	5	87	374	21	16	3	0	0	0	38	9	4
$50,000 to $59,999	496	56	18	6	3	59	284	14	5	0	0	9	4	34	0	3
$60,000 to $79,999	723	98	45	0	17	103	401	6	4	0	0	4	8	25	0	14
$80,000 to $99,999	349	27	25	6	8	42	207	0	8	0	0	0	0	22	0	4
$100,000 to $119,999	181	41	21	0	0	20	90	0	0	0	0	7	0	3	0	0
$120,000 or more	163	19	0	0	8	9	106	0	4	0	0	8	0	9	0	0
Median	48716	53654	48992	34504	62114	48072	49083	48754	33722	45000	0	54029	60010	47533	30142	49082
Mean	53371	55144	52287	35072	65538	50784	54983	51353	39432	41000	0	66636	57791	49553	19163	43871
Owned Home Previously Previously owned home	1519	169	95	9	35	197	820	9	28	3	0	21	12	68	20	32
Never owned home before	2333	240	112	37	27	287	1376	35	42	0	0	29	0	129	10	10
Not reported	134	32	19	6	0	12	48	0	6	0	0	0	4	8	0	0
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	3194	375	175	47	54	357	1840	37	49	0	0	39	12	158	15	35
2 mortgages	656	52	47	6	8	96	332	7	26	3	0	10	4	44	15	7
3 or more mortgages	136	14	4	0	0	43	71	0	0	0	0	0	0	4	0	0
Form of Debt of First Mortgage Mortgage or deed of trust	3985	440	225	52	62	496	2244	44	75	3	0	50	16	206	30	42
Contract to purchase	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Some other loan secured by this property	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Type of First Mortgage Instrument Fixed-rate, level-payment mortgage	3442	373	170	46	46	451	1939	44	67	3	0	41	12	195	26	30
Short-term with balloon payment mortgage	142	22	25	0	4	0	77	0	4	0	0	9	0	1	0	0
Reverse mortgage	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Adjustable rate mortgage (ARM)	370	42	30	0	8	45	224	0	4	0	0	0	0	10	4	4
Other	31	4	0	6	4	0	4	0	0	0	0	0	4	0	0	9
Method of Loan Application By computer over the Internet or by e-mail	4	0	0	0	0	0	4	0	0	0	0	0	0	0	0	0
By telephone or FAX	329	17	23	0	0	50	177	12	8	0	0	9	0	29	0	3
By regular mail	89	12	5	3	4	8	50	0	4	0	0	0	0	3	0	0
By personal visit	2308	288	137	40	37	243	1307	23	37	3	0	33	9	104	25	21
Through third party (such as real estate agent or builder)	997	85	50	3	21	165	564	8	21	0	0	4	4	48	5	18
Some other way	11	6	0	0	0	0	5	0	0	0	0	0	0	0	0	0
Not reported	196	32	5	0	0	24	109	0	4	0	0	0	4	17	0	0
Not available	52	0	5	6	0	5	27	0	1	0	0	4	0	3	0	0
Origin of First Mortgage Mortgage made at time property acquired	3257	358	140	41	50	434	1852	40	62	3	0	32	12	169	25	39
Mortgage assumed at the time property acquired	88	4	5	6	0	14	47	0	1	0	0	4	0	7	0	0
Mortgage placed later than acquisition of property	640	78	79	6	12	48	345	4	12	0	0	14	4	29	5	4
Refinanced mortgage	584	60	75	6	12	48	320	4	8	0	0	9	4	29	5	4
Same lender	182	26	21	6	6	12	86	4	8	0	0	4	4	7	0	0
Different lender	402	34	54	0	6	36	234	0	0	0	0	5	0	22	5	4
Mortgage placed on property owned free and clear of debt	56	18	5	0	0	0	24	0	4	0	0	5	0	0	0	0
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Purpose of First Mortgage Placed Later Than Acquisition of Property Properties on which mortgages placed later than acquisition of property	640	78	79	6	12	48	345	4	12	0	0	14	4	29	5	4
Obtain lower interest rate	437	50	46	6	12	38	247	0	8	0	0	9	4	17	0	0
Increase payment period for mortgage	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reduce payment period for mortgage	12	0	3	0	0	0	5	0	0	0	0	0	0	4	0	0
Renew or extend loan that had fallen due, without increasing outstanding balance	23	0	7	0	0	6	10	0	0	0	0	0	0	0	0	0
Receive cash or increase outstanding balance of loan	126	13	11	0	0	5	77	4	4	0	0	5	0	9	0	0
Other reason	23	10	8	0	0	0	0	0	0	0	0	0	0	0	5	0
Not reported	19	6	4	0	0	0	5	0	0	0	0	0	0	0	0	4
Other properties	3345	362	146	47	50	448	1899	40	63	3	0	36	12	177	25	39
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Received From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received	244	40	25	0	3	9	123	4	4	0	0	14	0	20	0	4
Less than $20,000	150	17	15	0	3	9	75	4	0	0	0	9	0	17	0	4
$20,000 to $39,999	40	14	3	0	0	0	15	0	4	0	0	0	0	4	0	0
$40,000 to $59,999	24	0	3	0	0	0	15	0	0	0	0	5	0	0	0	0
$60,000 to $79,999	9	6	4	0	0	0	0	0	0	0	0	0	0	0	0	0
$80,000 to $99,999	13	3	0	0	0	0	10	0	0	0	0	0	0	0	0	0
$100,000 to $124,999	3	0	0	0	0	0	3	0	0	0	0	0	0	0	0	0
$125,000 to $149,999	5	0	0	0	0	0	5	0	0	0	0	0	0	0	0	0
$150,000 to $174,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$175,000 to $199,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$200,000 to $249,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$250,000 to $299,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$300,000 or more	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	16251	24293	17215	0	10000	10000	16444	10000	30000	0	0	15896	0	12172	0	10000
Mean	25484	31251	23617	0	15000	5983	28917	9000	21000	0	0	25004	0	11654	0	15000
Properties that refinanced and did not receive cash back	347	23	49	6	6	40	198	0	8	0	0	0	4	9	5	0
Properties that refinanced and did not report if received cash back	49	15	6	0	3	0	24	0	0	0	0	0	0	0	0	0
Properties that did not refinance	3345	362	146	47	50	448	1899	40	63	3	0	36	12	177	25	39
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Use of Cash From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received@1	244	40	25	0	3	9	123	4	4	0	0	14	0	20	0	4
For additions, improvements or repairs to this property	89	20	12	0	3	0	34	0	0	0	0	14	0	7	0	0
To consolidate debts	125	19	12	0	0	5	61	4	4	0	0	9	0	8	0	4
For investment in other real estate	8	0	0	0	0	0	5	0	0	0	0	0	0	4	0	0
For other types of investments	10	0	3	0	0	0	7	0	0	0	0	0	0	0	0	0
For educational or medical expenses	17	4	4	0	0	0	9	0	0	0	0	0	0	0	0	0
To start a business	7	3	4	0	0	0	0	0	0	0	0	0	0	0	0	0
To settle a divorce	8	0	3	0	0	0	5	0	0	0	0	0	0	0	0	0
To pay taxes	3	3	0	0	0	0	0	0	0	0	0	0	0	0	0	0
To purchase an automobile, truck, or other vehicle	19	10	0	0	0	4	5	0	0	0	0	0	0	0	0	0
To purchase consumer product other than automobile, truck, or other vehicle	24	0	5	0	0	0	9	0	0	0	0	5	0	5	0	0
Other	5	0	0	0	0	0	5	0	0	0	0	0	0	0	0	0
Not reported	4	0	0	0	0	0	4	0	0	0	0	0	0	0	0	0
Properties that refinanced and did not receive cash back	347	23	49	6	6	40	198	0	8	0	0	0	4	9	5	0
Properties that refinanced and did not report if received cash back	49	15	6	0	3	0	24	0	0	0	0	0	0	0	0	0
Properties that did not refinance	3345	362	146	47	50	448	1899	40	63	3	0	36	12	177	25	39
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Year First Mortgage Made or Assumed 1999 to 2001 (part)	1582	168	71	9	23	218	962	12	30	0	0	14	12	63	0	0
1997 and 1998	932	62	56	7	7	148	539	8	13	3	0	9	0	53	16	11
1995 and 1996	439	67	23	4	5	34	242	6	6	0	0	10	0	28	4	9
1990 to 1994	619	62	38	23	15	80	322	13	10	0	0	3	0	41	6	7
1985 to 1989	204	35	22	10	4	9	73	5	9	0	0	9	4	12	0	12
1980 to 1984	90	22	5	0	4	3	43	0	0	0	0	3	0	4	5	0
1979 or earlier	121	24	9	0	4	4	62	0	7	0	0	0	0	6	0	4
Traditional First Mortgage Loan Less than $20,000	113	15	0	0	4	5	66	0	4	0	0	6	0	10	0	4
$20,000 to $29,999	170	31	22	6	0	6	79	0	4	0	0	5	0	8	6	4
$30,000 to $39,999	206	29	5	0	8	26	112	0	1	3	0	0	0	10	6	5
$40,000 to $49,999	350	32	27	10	14	22	174	18	10	0	0	14	4	20	0	3
$50,000 to $59,999	396	43	19	0	0	42	222	4	10	0	0	3	4	36	9	4
$60,000 to $79,999	793	82	57	18	6	101	445	17	14	0	0	10	0	38	0	4
$80,000 to $99,999	754	64	25	15	11	113	465	0	11	0	0	0	0	39	0	12
$100,000 to $149,999	888	102	59	0	19	153	489	5	10	0	0	7	4	27	10	3
$150,000 to $199,999	240	32	11	4	0	27	138	0	8	0	0	4	4	9	0	3
$200,000 to $249,999	14	0	0	0	0	0	11	0	0	0	0	0	0	3	0	0
$250,000 to $299,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$300,000 or more	10	0	0	0	0	0	10	0	0	0	0	0	0	0	0	0
Not reported	52	11	0	0	0	0	32	0	3	0	0	0	0	5	0	0
Median	78480	76034	73444	71863	77476	88040	80313	60553	70429	35000	0	49452	100052	68139	54136	65595
Mean	84234	79751	80135	69866	75101	89428	87474	59095	76143	30000	0	62775	97657	75703	67058	69222
Traditional First Mortgage Outstanding Debt Less than $10,000	93	11	13	0	4	5	48	0	0	0	0	0	0	9	0	4
$10,000 to $19,999	114	19	0	0	0	4	66	0	4	0	0	11	0	4	6	0
$20,000 to $29,999	240	43	18	6	0	24	101	6	12	3	0	4	0	8	6	9
$30,000 to $39,999	317	27	18	6	22	21	168	16	6	0	0	9	4	16	5	0
$40,000 to $49,999	302	30	28	4	0	28	167	5	4	0	0	5	0	26	0	3
$50,000 to $59,999	401	45	13	12	0	64	211	9	9	0	0	5	4	22	4	4
$60,000 to $79,999	810	84	49	18	16	84	463	3	17	0	0	5	0	56	0	16
$80,000 to $99,999	644	56	23	3	4	116	406	5	8	0	0	0	0	24	0	0
$100,000 to $149,999	815	99	61	4	15	130	447	0	12	0	0	7	4	23	10	3
$150,000 to $199,999	187	15	3	0	0	20	125	0	0	0	0	4	4	12	0	3
$200,000 to $249,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$250,000 to $299,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$300,000 or more	10	0	0	0	0	0	10	0	0	0	0	0	0	0	0	0
Not reported	52	11	0	0	0	0	32	0	3	0	0	0	0	5	0	0
Median	72330	69246	69252	59319	65902	83054	74903	41009	60729	25000	0	42069	100052	65595	37294	61293
Mean	78102	72361	73797	60540	68767	83739	81687	49913	65423	29524	0	57431	95087	70509	60786	61838
Total Mortgage Outstanding Debt Less than $10,000	81	11	7	0	4	5	41	0	0	0	0	0	0	9	0	4
$10,000 to $19,999	98	16	0	0	0	4	58	0	4	0	0	6	0	4	6	0
$20,000 to $29,999	248	43	24	6	0	18	104	6	12	3	0	9	0	8	6	9
$30,000 to $39,999	281	26	13	0	22	16	161	12	6	0	0	9	0	12	5	0
$40,000 to $49,999	294	24	25	10	0	22	170	5	4	0	0	5	0	26	0	3
$50,000 to $59,999	387	45	13	12	0	60	201	9	9	0	0	5	4	22	4	4
$60,000 to $79,999	772	82	54	18	16	78	431	4	12	0	0	5	4	53	0	16
$80,000 to $99,999	665	60	26	3	4	117	420	8	5	0	0	0	0	21	0	0
$100,000 to $149,999	838	107	54	4	15	140	459	0	17	0	0	7	4	30	0	3
$150,000 to $199,999	247	15	7	0	0	37	151	0	4	0	0	4	4	13	10	3
$200,000 to $249,999	3	0	0	0	0	0	3	0	0	0	0	0	0	0	0	0
$250,000 to $299,999	11	0	4	0	0	0	7	0	0	0	0	0	0	0	0	0
$300,000 or more	13	0	0	0	0	0	10	0	0	0	0	0	0	3	0	0
Not reported	46	11	0	0	0	0	27	0	3	0	0	0	0	5	0	0
Median	75027	72129	71603	59319	65902	87745	77281	48630	61030	25000	0	42069	100052	67426	37294	61293
Mean	80848	72957	79007	61296	68767	90096	83638	54210	68691	29524	0	58409	102920	74139	79093	63192
Current Interest Rate on First Mortgage Less than 6.0 percent	171	14	0	0	6	14	95	0	8	0	0	0	4	23	0	7
6.0 percent	28	0	0	0	0	5	14	0	0	0	0	0	0	3	6	0
6.1 to 6.4 percent	84	15	5	0	0	4	24	0	4	0	0	0	0	32	0	0
6.5 to 6.9 percent	263	7	16	0	0	78	140	0	0	0	0	0	0	22	0	0
7.0 percent	364	16	0	0	0	40	293	5	0	0	0	0	0	6	0	4
7.1 to 7.4 percent	308	26	15	0	5	92	159	0	6	0	0	0	0	5	0	0
7.5 to 7.9 percent	630	25	15	0	3	113	441	7	0	0	0	0	4	21	0	0
8.0 percent	389	13	4	6	0	89	252	11	0	3	0	5	0	5	0	0
8.1 to 8.4 percent	128	16	7	0	0	6	94	0	0	0	0	0	0	5	0	0
8.5 to 8.9 percent	303	27	22	0	6	32	180	8	12	0	0	3	0	9	0	3
9.0 percent	85	5	10	0	0	0	54	12	4	0	0	0	0	0	0	0
9.1 to 9.4 percent	95	22	5	0	8	0	38	0	7	0	0	4	0	6	5	0
9.5 to 9.9 percent	186	40	15	11	4	19	74	0	3	0	0	5	0	8	5	0
10.0 percent	36	4	0	6	0	0	19	0	0	0	0	0	0	8	0	0
10.1 to 10.4 percent	89	31	8	0	4	0	22	0	9	0	0	0	4	6	4	0
10.5 to 10.9 percent	149	31	15	13	9	0	64	0	4	0	0	4	0	7	0	3
11.0 percent	20	4	0	0	0	0	11	0	0	0	0	5	0	0	0	0
11.1 to 12.9 percent	289	74	30	13	7	4	112	0	5	0	0	14	4	12	10	4
13.0 percent	3	3	0	0	0	0	0	0	0	0	0	0	0	0	0	0
13.1 percent or more	366	68	58	3	9	0	158	0	13	0	0	9	0	26	0	21
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	8.0	9.9	9.9	10.6	9.9	7.6	7.9	8.1	9.3	8.0	0.0	11.1	10.1	7.8	9.9	12.9
Points Paid as Interest on First Mortgage With mortgage placed	3909	437	220	47	62	486	2200	44	74	3	0	46	16	202	30	42
No points	560	11	0	17	8	83	371	17	0	0	0	0	0	47	6	0
Less than 1 point	147	0	0	0	0	113	23	11	0	0	0	0	0	0	0	0
1 point	32	8	0	0	0	9	12	0	0	0	0	0	0	3	0	0
1.1 to 1.9 points	134	0	3	0	0	51	73	4	0	0	0	0	0	3	0	0
2 points	28	0	0	0	0	5	13	0	5	0	0	0	0	6	0	0
2.1 to 2.9 points	34	0	0	0	0	21	13	0	0	0	0	0	0	0	0	0
3 points	5	0	0	0	0	0	5	0	0	0	0	0	0	0	0	0
3.1 to 3.9 points	10	0	0	0	0	10	0	0	0	0	0	0	0	0	0	0
4 points	6	0	0	0	0	6	0	0	0	0	0	0	0	0	0	0
4.1 to 4.9 points	21	0	6	0	0	14	0	0	0	0	0	0	0	0	0	0
5 points	19	0	0	0	0	5	6	0	0	0	0	0	0	9	0	0
5.1 to 5.9 points	8	0	0	0	0	4	5	0	0	0	0	0	0	0	0	0
6 points or more	132	4	0	0	0	27	96	0	0	0	0	0	0	6	0	0
Not reported or don't know	2772	414	210	30	54	138	1584	12	69	3	0	46	16	130	24	42
With mortgage assumed	76	4	5	6	0	10	43	0	1	0	0	4	0	3	0	0
Type of Interest Rate Buydown Properties with interest rate buydown	125	9	5	0	0	10	95	0	0	0	0	0	0	5	0	0
Constant payment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
3-2-1 buydown	3	0	0	0	0	0	3	0	0	0	0	0	0	0	0	0
Other	21	3	4	0	0	10	4	0	0	0	0	0	0	0	0	0
Not reported	100	5	1	0	0	0	88	0	0	0	0	0	0	5	0	0
Properties without interest rate buydown	1908	48	48	23	17	268	1328	44	14	0	0	4	0	109	6	0
Not reported	1953	383	172	30	45	218	821	0	61	3	0	46	16	92	24	42
Term of First Mortgage Less than 5 years	5	0	5	0	0	0	0	0	0	0	0	0	0	0	0	0
5 years	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
6 to 9 years	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
10 years	10	0	0	0	0	0	0	0	0	0	0	4	0	0	6	0
11 to 14 years	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
15 years	124	4	0	6	0	27	84	4	0	0	0	0	0	0	0	0
16 to 19 years	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
20 years	30	3	0	0	0	8	19	0	0	0	0	0	0	0	0	0
21 to 24 years	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
25 years	17	5	0	0	0	5	3	0	0	0	0	0	0	3	0	0
26 to 29 years	7	0	0	0	0	3	4	0	0	0	0	0	0	0	0	0
30 years	3793	429	220	47	62	452	2134	40	75	3	0	46	16	202	24	42
More than 30 years	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
No stated term	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	30	30	30	30	31	30	30	30	31	31	0	30	31	30	30	31
Unexpired Term of First Mortgage Less than 5 years	67	5	9	0	4	7	26	0	3	0	0	4	0	9	0	0
5 to 9 years	164	31	6	0	0	11	100	4	4	0	0	0	0	0	6	4
10 to 14 years	120	20	5	0	4	8	67	0	0	0	0	3	0	4	5	3
15 to 19 years	304	44	30	33	10	23	117	5	11	0	0	5	4	14	0	8
20 to 24 years	639	62	37	6	9	93	361	9	8	0	0	3	0	39	6	7
25 to 29 years	2200	194	120	11	31	307	1271	26	44	3	0	29	4	126	14	20
30 or more years	492	85	18	3	4	48	303	0	5	0	0	5	9	13	0	0
No stated term or not computed	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	27	27	26	19	26	27	27	26	26	28	0	27	34	26	24	24
Servicer of First Mortgage Commercial bank or trust company	594	410	0	0	0	0	167	0	6	0	0	0	0	12	0	0
Savings and loan association, federal savings bank	339	0	220	0	0	0	97	5	0	0	0	0	0	17	0	0
Mutual savings bank	35	0	0	30	0	0	5	0	0	0	0	0	0	0	0	0
Life insurance company	53	0	0	0	53	0	0	0	0	0	0	0	0	0	0	0
Mortgage banker or mortgage company	2598	27	5	23	9	496	1965	38	15	0	0	0	0	19	0	0
Federally-sponsored secondary market agency or pool	10	0	0	0	0	0	10	0	0	0	0	0	0	0	0	0
Conventional mortgage pool	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other federal agency	54	0	0	0	0	0	0	0	54	0	0	0	0	0	0	0
Real estate investment trust	3	0	0	0	0	0	0	0	0	3	0	0	0	0	0	0
Pension or retirement fund	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Credit union	50	0	0	0	0	0	0	0	0	0	0	50	0	0	0	0
Finance company	16	0	0	0	0	0	0	0	0	0	0	0	16	0	0	0
State or municipal government or housing finance agency	161	3	0	0	0	0	0	0	0	0	0	0	0	157	0	0
Individual or individual's estate	30	0	0	0	0	0	0	0	0	0	0	0	0	0	30	0
Other	42	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42
Holder's Acquisition of First Mortgage Originated directly from borrower	1323	211	112	17	32	166	589	5	38	3	0	33	16	65	16	20
Purchased from present servicer	1290	96	60	4	6	263	744	13	24	0	0	13	0	44	9	12
Purchased from someone else	1373	133	53	32	24	67	911	26	13	0	0	4	0	96	5	10
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Loan as a Percent of Purchase Price Properties acquired by purchase with first mortgage made or assumed at time of purchase	3283	349	146	47	50	444	1861	40	59	3	0	36	8	177	25	39
Less than 40 percent	53	15	7	0	0	11	9	0	0	3	0	0	0	0	0	9
40 to 49 percent	42	10	3	0	0	12	11	0	0	0	0	5	0	0	0	0
50 to 59 percent	41	6	3	0	4	0	17	0	0	0	0	3	0	0	0	7
60 to 69 percent	243	39	14	3	0	11	122	11	13	0	0	0	0	22	0	9
70 to 79 percent	159	8	10	4	6	11	89	0	7	0	0	4	0	8	5	7
80 to 89 percent	274	53	20	15	8	40	113	0	11	0	0	3	0	7	4	0
90 to 94 percent	235	16	11	0	0	31	148	5	6	0	0	5	0	11	0	3
95 to 99 percent	816	47	17	4	14	162	525	13	0	0	0	0	0	34	0	0
100 percent or more	1380	144	61	21	18	167	806	12	19	0	0	15	8	89	16	3
Not reported	40	11	0	0	0	0	21	0	3	0	0	0	0	5	0	0
Median	99	97	97	97	98	98	99	97	87	20	0	92	50050	3311	23284	64
Other properties	703	91	79	6	12	52	383	4	17	0	0	14	8	29	5	4
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Loan as a Percent of Value Properties acquired by purchase with first mortgage made or assumed at time of purchase	3283	349	146	47	50	444	1861	40	59	3	0	36	8	177	25	39
Less than 40 percent	39	15	7	0	0	0	9	0	0	0	0	0	0	0	0	9
40 to 49 percent	29	10	3	0	0	5	11	0	0	0	0	0	0	0	0	0
50 to 59 percent	33	6	3	0	4	0	9	0	0	0	0	3	0	0	0	7
60 to 69 percent	696	62	17	9	4	127	389	11	16	3	0	5	4	35	5	9
70 to 79 percent	173	13	15	4	6	5	96	0	6	0	0	4	0	7	11	7
80 to 89 percent	256	53	20	9	9	18	126	0	8	0	0	3	0	7	4	0
90 to 94 percent	245	22	16	6	0	25	120	17	12	0	0	5	0	19	0	3
95 to 99 percent	999	56	24	4	4	180	659	7	0	0	0	4	0	61	0	0
100 percent or more	771	102	41	15	23	84	421	5	14	0	0	11	4	42	6	3
Not reported	40	11	0	0	0	0	21	0	3	0	0	0	0	5	0	0
Median	96	92	92	91	98	96	96	93	88	65	0	92	70	96	77	64
Other properties	703	91	79	6	12	52	383	4	17	0	0	14	8	29	5	4
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Risk Subprime loan	152	32	3	4	4	3	78	0	0	0	0	9	0	11	9	0
Not subprime loan	3833	408	222	48	58	493	2166	44	75	3	0	41	16	195	21	42
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	156	47	4	0	4	19	53	0	4	0	0	3	0	13	0	8
20 to 29 percent	107	12	10	0	4	7	53	6	7	3	0	0	0	0	0	5
30 to 39 percent	194	28	30	0	9	22	79	5	0	0	0	5	0	9	0	7
40 to 49 percent	283	24	37	0	12	28	153	0	5	0	0	5	0	10	5	3
50 to 59 percent	403	67	14	26	4	29	216	0	4	0	0	9	4	17	10	4
60 to 69 percent	512	64	27	3	6	40	281	9	20	0	0	21	0	32	0	9
70 to 79 percent	576	55	29	15	5	47	376	12	13	0	0	0	0	24	0	0
80 to 89 percent	661	60	29	4	0	107	393	5	9	0	0	0	4	41	5	4
90 to 99 percent	779	56	19	4	18	151	466	7	9	0	0	0	4	35	6	3
100 percent or more	253	16	23	0	0	45	135	0	0	0	0	6	4	20	5	0
Not reported or not computed	63	11	4	0	0	0	40	0	3	0	0	0	0	5	0	0
Median	75	66	66	60	55	85	77	72	68	25	0	61	90	78	81	44
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal	3870	422	220	52	62	492	2181	44	68	3	0	50	12	195	30	39
Interest and principal	3870	422	220	52	62	492	2181	44	68	3	0	50	12	195	30	39
Fully amortized	3489	347	176	52	58	393	2050	44	63	0	0	41	8	188	30	39
Not fully amortized	381	75	44	0	4	99	130	0	4	3	0	9	4	7	0	0
Interest only	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
No regular payments required	15	3	5	0	0	4	3	0	0	0	0	0	0	0	0	0
Not reported	100	15	0	0	0	0	60	0	8	0	0	0	4	11	0	4
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	3870	422	220	52	62	492	2181	44	68	3	0	50	12	195	30	39
Real estate taxes	2258	51	48	23	17	362	1587	38	21	0	0	0	0	111	0	0
Property insurance	2242	51	44	23	17	371	1561	44	21	0	0	0	0	111	0	0
Mortgage insurance	1572	50	31	6	14	103	1233	35	9	0	0	0	0	91	0	0
Other	967	11	11	17	12	245	604	16	6	0	0	0	0	45	0	0
No items included or not reported	1549	368	173	30	45	106	569	0	47	3	0	50	12	78	30	39
No regular payments of interest and principal	115	18	5	0	0	4	63	0	8	0	0	0	4	11	0	4
Monthly Interest and Principal Payments on First Mortgage Monthly payments of interest and/or principal	3870	422	220	52	62	492	2181	44	68	3	0	50	12	195	30	39
Less than $100	15	6	0	0	0	0	10	0	0	0	0	0	0	0	0	0
$100 to $199	108	13	5	6	10	6	58	0	0	0	0	5	0	5	0	0
$200 to $299	227	24	12	0	0	22	125	0	6	3	0	6	0	14	11	4
$300 to $399	417	34	23	6	8	57	229	12	9	0	0	5	4	30	0	0
$400 to $499	485	31	27	4	9	44	273	9	10	0	0	5	0	64	9	0
$500 to $599	652	74	25	6	6	97	394	13	12	0	0	0	0	14	0	13
$600 to $699	491	54	15	6	5	61	311	5	6	0	0	14	0	14	0	0
$700 to $799	312	38	12	15	0	90	141	0	6	0	0	0	0	11	0	0
$800 to $899	358	47	31	0	11	52	197	5	8	0	0	0	0	8	0	0
$900 to $999	200	20	11	6	6	29	111	0	3	0	0	7	0	0	5	0
$1,000 to $1,249	331	31	34	0	0	25	186	0	8	0	0	4	4	20	5	15
$1,250 to $1,499	142	21	13	0	4	10	84	0	0	0	0	0	0	8	0	3
$1,500 or more	132	30	13	4	4	0	63	0	0	0	0	4	4	7	0	4
Median	606	654	725	687	587	633	600	505	574	250	0	623	1117	476	441	1047
Mean	726	734	786	670	692	645	754	504	631	206	0	645	1060	618	587	1010
No regular payments required	15	3	5	0	0	4	3	0	0	0	0	0	0	0	0	0
Not reported	100	15	0	0	0	0	60	0	8	0	0	0	4	11	0	4
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	3971	437	220	52	62	492	2241	44	75	3	0	50	16	206	30	42
Up-to-date, ahead of schedule, or less than 90 days past due	2211	62	38	23	17	358	1544	39	15	0	0	4	0	106	6	0
Delinquent by 90 days or more	94	0	15	0	0	18	44	5	6	0	0	0	0	6	0	0
Legal proceedings have begun	21	0	15	0	0	0	6	0	0	0	0	0	0	0	0	0
Legal proceedings have not begun	73	0	0	0	0	18	39	5	6	0	0	0	0	6	0	0
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Not reported	1666	375	168	30	45	116	653	0	54	3	0	46	16	94	24	42
Other properties	15	3	5	0	0	4	3	0	0	0	0	0	0	0	0	0
Interest and Principal Payments on Traditional First Mortgages as Percent of Income Monthly payments of interest and/or principal	3870	422	220	52	62	492	2181	44	68	3	0	50	12	195	30	39
Less than 5 percent	109	29	0	0	6	11	49	0	0	0	0	5	0	5	0	4
5 to 9 percent	640	56	48	0	17	80	340	18	4	3	0	8	4	49	11	0
10 to 14 percent	1006	105	44	6	9	116	632	17	12	0	0	7	0	50	4	4
15 to 19 percent	776	75	46	19	11	122	452	4	8	0	0	9	0	31	0	0
20 to 24 percent	414	31	24	12	14	59	211	5	10	0	0	14	4	18	0	14
25 to 29 percent	227	22	12	0	4	25	124	0	20	0	0	0	0	20	0	0
30 to 34 percent	132	24	5	6	0	26	57	0	6	0	0	0	4	0	0	3
35 to 39 percent	80	5	8	0	0	0	64	0	3	0	0	0	0	0	0	0
40 to 49 percent	99	24	9	0	0	8	55	0	1	0	0	0	0	1	0	0
50 percent or more	126	26	6	0	0	7	67	0	0	0	0	6	0	6	0	9
Not reported or not computed	263	26	20	10	0	39	129	0	4	0	0	0	0	15	15	5
Median	15	16	16	19	14	16	15	11	24	8	0	17	22	14	8	23
No regular payments required	115	18	5	0	0	4	63	0	8	0	0	0	4	11	0	4
Real Estate Tax Per $1,000 Value Acquired before 2000	3215	332	205	49	58	378	1785	32	58	3	0	50	12	181	30	42
Less than $5	906	91	41	25	0	132	497	21	26	0	0	4	0	51	10	9
$5 to $9	805	107	26	10	24	83	465	6	18	0	0	19	8	22	11	7
$10 to $14	631	49	65	0	11	73	361	0	6	0	0	9	0	37	9	11
$15 to $19	345	35	29	11	10	43	150	5	4	3	0	14	0	34	0	7
$20 to $24	230	17	30	3	9	21	121	0	0	0	0	3	0	20	0	5
$25 to $29	72	3	5	0	0	9	52	0	0	0	0	0	0	3	0	0
$30 to $39	197	26	10	0	4	17	124	0	1	0	0	0	4	8	0	3
$40 to $49	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Not reported or not computed	28	4	0	0	0	0	16	0	3	0	0	0	0	5	0	0
Median	9	8	13	5	12	8	9	4	5	18	0	11	9	12	7	12
Acquired 2000 and 2001 (part)	771	108	20	3	4	118	458	12	17	0	0	0	4	25	0	0