Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 2-7. Other Insured 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	6081	760	505	78	92	747	2769	76	367	4	4	144	74	289	93	80
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs	5057	660	378	70	88	657	2337	60	219	4	4	120	63	255	68	73
In central cities	1556	260	101	29	21	186	724	26	33	0	0	36	21	86	21	11
Not in central cities	3501	400	277	41	67	471	1613	34	186	4	4	84	42	169	46	63
Outside MAs	1024	99	127	7	4	90	432	16	148	0	0	24	11	34	26	7
Year Structure Built 1999 to March 2000	398	63	49	3	13	54	143	5	28	0	0	7	4	11	13	4
1997 and 1998	413	44	34	13	0	57	217	3	12	0	0	0	3	15	13	0
1995 and 1996	343	25	30	11	3	59	180	4	4	0	0	0	8	3	11	5
1990 to 1994	631	56	46	11	7	99	278	0	60	0	0	10	9	38	7	9
1980 to 1989	1038	123	60	5	15	131	451	34	111	0	0	42	5	45	5	11
1970 to 1979	1049	149	94	0	28	124	463	14	87	4	0	11	11	48	8	9
1960 to 1969	575	75	59	11	8	58	248	5	27	0	0	14	18	17	10	25
1950 to 1959	690	65	78	20	3	88	321	7	12	0	4	31	8	38	6	8
1940 to 1949	253	33	7	0	0	26	135	3	9	0	0	7	5	24	0	4
1939 or earlier	691	127	48	4	13	50	333	0	17	0	0	20	4	49	20	6
Purchase Price Properties acquired by purchase 1997 to 2001 (part)	2862	365	232	37	33	337	1433	56	84	0	4	39	24	140	48	29
Less than $20,000	33	12	5	0	0	0	13	0	0	0	0	0	0	4	0	0
$20,000 to $39,999	111	4	14	0	0	6	59	5	8	0	0	0	4	5	5	0
$40,000 to $59,999	180	31	17	0	4	0	93	0	8	0	0	0	4	22	0	0
$60,000 to $79,999	309	42	8	0	0	28	177	10	21	0	0	5	0	7	11	0
$80,000 to $99,999	362	37	36	15	8	35	173	3	5	0	0	15	0	25	4	5
$100,000 to $124,999	333	36	22	3	0	39	205	4	13	0	0	0	0	5	4	3
$125,000 to $149,999	424	31	30	0	5	55	249	3	5	0	4	3	0	34	3	0
$150,000 to $174,999	306	51	29	0	0	33	169	0	0	0	0	0	9	5	5	4
$175,000 to $199,999	171	8	17	0	5	46	51	15	15	0	0	4	0	0	5	5
$200,000 to $249,999	208	27	19	4	3	30	97	0	9	0	0	3	0	7	0	8
$250,000 to $299,999	164	21	17	11	0	29	54	5	0	0	0	10	0	13	0	4
$300,000 to $499,999	210	58	13	4	7	28	71	11	0	0	0	0	3	5	10	0
$500,000 or more	52	7	4	0	0	8	21	0	0	0	0	0	4	7	0	0
Median	131070	141759	137093	123537	145496	154556	124574	179123	96406	0	137500	126948	161704	125740	124291	186900
Mean	157603	178288	161451	179677	166565	178890	145883	174861	111363	0	140000	149700	267938	158592	160498	174535
Other properties	3219	394	272	40	59	410	1336	20	282	4	0	104	51	149	46	51
Value Less than $20,000	40	0	3	0	0	0	21	0	10	0	0	0	6	0	0	0
$20,000 to $39,999	182	26	14	0	0	13	72	0	32	0	0	12	0	10	3	0
$40,000 to $59,999	446	64	23	5	4	23	174	5	86	0	0	7	6	32	10	6
$60,000 to $79,999	580	63	23	3	4	55	275	9	68	4	0	27	0	30	11	7
$80,000 to $99,999	737	77	61	11	22	83	373	5	32	0	0	14	4	48	0	5
$100,000 to $124,999	708	83	51	14	10	72	347	7	42	0	0	24	18	21	12	8
$125,000 to $149,999	763	68	69	5	17	101	389	10	23	0	0	9	4	45	14	8
$150,000 to $174,999	519	54	41	4	4	69	283	0	8	0	4	7	7	24	11	3
$175,000 to $199,999	382	37	19	7	5	61	189	13	10	0	0	7	5	20	5	4
$200,000 to $249,999	554	89	61	4	10	90	230	5	23	0	0	11	4	12	3	12
$250,000 to $299,999	292	39	34	0	0	44	109	5	17	0	0	10	10	12	3	9
$300,000 to $499,999	595	103	74	19	3	89	226	11	5	0	0	14	5	27	12	8
$500,000 or more	283	58	31	5	11	48	80	5	9	0	0	4	7	7	9	9
Median	136410	149582	154718	150464	131536	160078	132861	177367	76118	70000	162500	113471	153221	126463	143569	187043
Mean	178700	208728	219208	213266	202194	203365	162451	225704	119968	72000	160000	152751	198377	159419	201443	211534
Value of Capital Improvements Properties with capital improvements between 1998 and 2000	3247	378	238	21	44	403	1557	49	166	4	4	100	41	152	46	45
Less than $500	73	6	4	0	0	11	44	0	4	0	0	0	0	4	0	0
$500 to $999	102	13	16	0	0	9	49	0	0	0	0	7	0	8	0	0
$1,000 to $2,499	630	42	41	0	0	81	324	11	56	0	0	19	18	20	9	7
$2,500 to $4,999	519	52	12	0	14	39	260	9	58	4	0	14	0	45	6	7
$5,000 to $7,499	561	78	41	5	10	72	255	13	4	0	0	24	14	27	6	11
$7,500 to $9,999	195	18	17	0	0	36	102	0	6	0	0	4	5	3	5	0
$10,000 to $14,999	440	52	39	7	7	60	198	5	19	0	0	10	3	23	7	10
$15,000 to $19,999	237	41	30	0	7	31	93	0	8	0	0	6	0	5	10	5
$20,000 to $29,999	280	26	29	9	5	23	145	7	7	0	4	8	0	7	4	5
$30,000 or more	210	50	10	0	0	40	88	3	4	0	0	7	0	9	0	0
Median	6334	7426	8300	13766	6884	7107	5993	5849	3473	3750	25000	5977	5414	4936	8892	6962
Mean	10857	19249	11469	15349	9108	11325	9563	12661	5781	3000	20000	9789	4482	9435	9265	8365
Properties with no capital improvements between 1998 and 2000	2237	303	228	43	40	251	942	27	162	0	0	36	30	113	30	32
Capital improvements not reported	597	78	39	13	8	93	270	0	39	0	0	7	4	25	17	3
Age Restrictions Property located in subdivision restricted to people age 55 or older	333	53	27	4	9	36	170	6	15	0	0	0	0	7	7	0
Property located in subdivision not restricted to people age 55 or older	5509	667	450	70	83	687	2486	70	335	4	4	144	67	277	83	80
Not reported	240	40	28	3	0	24	114	0	16	0	0	0	7	4	3	0
Neighborhood Composition Property located in subdivision or neighborhood occupied predominantly by people age 55 or older	309	20	34	0	7	39	135	0	17	0	4	22	0	24	3	3
Property located in subdivision or neighborhood not occupied predominantly by people age 55 or older	4136	507	310	49	62	508	1874	43	280	0	0	103	60	216	63	62
Don't know or not reported	1636	233	161	29	23	200	760	33	69	4	0	19	15	49	28	15
OWNER CHARACTERISTICS Age of Owner Under 25	79	0	5	0	0	7	60	0	0	0	0	0	0	7	0	0
25 to 34	1092	89	92	4	31	123	582	22	36	0	0	41	4	41	11	15
35 to 44	1844	258	145	38	24	221	799	36	99	0	0	32	30	116	35	12
45 to 54	1653	219	140	24	5	190	746	9	125	0	0	32	20	79	31	34
55 to 64	721	102	73	3	17	109	300	9	47	0	4	27	5	13	0	11
65 to 74	276	29	15	5	4	38	116	0	31	4	0	8	12	7	4	4
75 and over	113	22	13	0	4	17	44	0	9	0	0	4	0	0	0	0
Not reported	303	40	22	3	5	42	123	0	21	0	0	0	3	25	13	4
Median	44	46	45	44	40	45	44	39	48	70	60	45	46	42	43	48
Race of Owner White alone	5220	688	406	65	87	615	2429	57	303	4	0	116	53	247	82	68
Black or African American alone	514	56	47	3	5	68	203	11	54	0	4	12	21	23	3	3
American Indian or Alaska Native alone	23	0	5	0	0	6	7	0	0	0	0	5	0	0	0	0
Asian alone	246	11	46	9	0	41	86	5	10	0	0	11	0	10	8	9
Native Hawaiian or Other Pacific Islander alone	17	5	0	0	0	9	3	0	0	0	0	0	0	0	0	0
Two or more races	61	0	0	0	0	8	40	3	0	0	0	0	0	8	0	0
Sex of Owner Male/Male and female co-owners	5038	637	444	68	68	628	2350	64	242	4	0	99	65	234	70	66
Female	1043	122	61	10	24	120	419	12	124	0	4	45	9	55	23	14
Hispanic/Latino Origin Hispanic/Latino owner(s) only	479	59	27	12	12	56	237	4	34	0	0	12	4	15	0	9
No Hispanic/Latino owner(s)	5601	701	477	66	80	691	2532	72	333	4	4	132	71	274	93	71
Veteran Status@1 Veteran	1027	139	95	10	21	134	480	9	40	4	0	11	19	29	12	23
Active member of Reserves or National Guard for at least 6 years	188	39	4	4	11	19	83	0	4	4	0	0	5	8	5	3
Persian Gulf War or after (August 1990 to present)	97	4	10	0	0	10	66	0	0	0	0	3	0	3	0	0
Vietnam or after (August 1964 to July 1990)	597	65	58	3	9	98	252	5	36	0	0	3	14	21	12	19
Korean conflict or after (July 1950 to July 1964)	193	27	20	0	4	15	100	4	0	0	0	4	13	0	0	6
World War II or after (September 1940 to June 1950)	74	13	13	3	0	14	31	0	0	0	0	0	0	0	0	0
Nonveteran	4704	577	390	63	71	562	2134	61	296	0	4	126	48	241	73	57
Not reported	351	43	19	4	0	51	155	6	31	0	0	7	7	19	8	0
Income Less than $5,000	468	84	27	9	5	42	183	5	36	0	0	14	5	34	18	6
$5,000 to $9,999	58	11	5	0	0	9	13	0	20	0	0	0	0	0	0	0
$10,000 to $14,999	73	7	0	0	0	9	26	0	26	0	0	0	6	0	0	0
$15,000 to $19,999	149	18	10	5	5	20	48	0	38	0	0	4	0	0	0	0
$20,000 to $24,999	199	11	31	3	4	20	63	0	34	0	4	0	4	20	3	0
$25,000 to $29,999	315	40	23	0	5	20	143	0	52	4	0	0	4	11	3	10
$30,000 to $34,999	282	25	22	0	0	42	133	0	9	0	0	20	5	21	3	4
$35,000 to $39,999	274	29	29	4	4	15	130	4	23	0	0	4	0	20	3	9
$40,000 to $49,999	663	75	60	12	1	70	322	10	29	0	0	29	18	22	12	3
$50,000 to $59,999	616	45	39	12	16	75	295	21	29	0	0	26	10	33	5	9
$60,000 to $79,999	1071	126	65	8	25	124	579	7	34	0	0	16	9	61	3	15
$80,000 to $99,999	688	100	72	13	9	86	344	5	10	0	0	4	4	7	26	8
$100,000 to $119,999	423	67	29	12	13	85	150	3	19	0	0	12	0	29	4	0
$120,000 or more	803	123	93	0	4	130	341	21	7	0	0	15	10	30	13	17
Median	59094	65575	62217	54946	63215	68387	60987	59317	27788	27500	22500	50285	47986	54928	57812	59328
Mean	74568	90430	82412	56938	63293	89990	71796	87357	39697	25921	20000	63171	77294	65277	67305	69260
Owned Home Previously Previously owned home	3282	431	257	44	36	468	1504	63	138	4	0	74	45	111	79	28
Never owned home before	2552	303	232	30	56	252	1132	13	206	0	4	70	29	165	6	52
Not reported	247	26	15	3	0	27	133	0	22	0	0	0	0	13	8	0
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	4653	562	387	62	83	538	2110	65	316	4	0	115	55	222	86	46
2 mortgages	1298	170	104	12	8	180	619	11	45	0	0	29	19	60	7	34
3 or more mortgages	131	28	14	3	0	29	40	0	6	0	4	0	0	7	0	0
Form of Debt of First Mortgage Mortgage or deed of trust	6081	760	505	78	92	747	2769	76	367	4	4	144	74	289	93	80
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	5182	596	378	69	64	699	2376	58	352	4	0	123	60	264	81	60
Short-term with balloon payment mortgage	194	29	25	5	5	9	96	5	5	0	0	0	0	0	7	9
Reverse mortgage	7	0	0	0	0	0	7	0	0	0	0	0	0	0	0	0
Adjustable rate mortgage (ARM)	639	115	98	3	23	40	268	12	5	0	4	21	14	18	6	11
Other	58	20	4	0	0	0	22	0	5	0	0	0	0	7	0	0
Method of Loan Application By computer over the Internet or by e-mail	63	12	8	0	0	9	27	4	0	0	0	0	4	0	0	0
By telephone or FAX	569	90	44	0	0	120	235	9	13	0	0	7	7	28	12	4
By regular mail	134	18	4	0	4	3	57	5	15	0	0	7	5	11	0	5
By personal visit	3712	416	294	60	70	441	1740	42	221	0	4	98	40	199	57	29
Through third party (such as real estate agent or builder)	1215	174	114	14	13	152	507	17	103	0	0	24	8	41	21	26
Some other way	14	5	3	0	0	0	5	0	0	0	0	0	0	0	0	0
Not reported	298	30	31	3	0	18	165	0	10	0	0	8	9	5	3	16
Not available	76	14	8	0	5	4	34	0	4	4	0	0	0	4	0	0
Origin of First Mortgage Mortgage made at time property acquired	4744	558	401	66	49	522	2232	57	336	0	4	89	48	241	79	64
Mortgage assumed at the time property acquired	110	14	13	0	5	7	54	0	9	4	0	0	0	4	0	0
Mortgage placed later than acquisition of property	1227	188	91	12	38	218	483	19	22	0	0	54	27	44	15	17
Refinanced mortgage	1136	183	79	12	31	214	445	19	22	0	0	54	21	28	12	17
Same lender	268	46	30	3	9	59	99	0	9	0	0	4	7	0	0	0
Different lender	868	137	49	9	21	155	346	19	12	0	0	51	14	28	12	17
Mortgage placed on property owned free and clear of debt	91	5	12	0	7	5	38	0	0	0	0	0	6	16	3	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	1227	188	91	12	38	218	483	19	22	0	0	54	27	44	15	17
Obtain lower interest rate	768	102	48	9	34	161	326	19	9	0	0	35	8	6	3	9
Increase payment period for mortgage	24	3	11	0	0	0	4	0	0	0	0	0	0	6	0	0
Reduce payment period for mortgage	18	0	0	0	0	6	12	0	0	0	0	0	0	0	0	0
Renew or extend loan that had fallen due, without increasing outstanding balance	30	9	0	0	0	14	3	0	3	0	0	0	0	0	0	0
Receive cash or increase outstanding balance of loan	320	54	32	0	3	35	110	0	6	0	0	14	14	33	11	8
Other reason	17	11	0	0	0	0	6	0	0	0	0	0	0	0	0	0
Not reported	51	9	0	3	0	4	21	0	4	0	0	5	5	0	0	0
Other properties	4854	571	414	66	54	529	2286	57	345	4	4	89	48	245	79	64
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	510	88	46	0	9	92	171	5	12	0	0	18	14	30	11	13
Less than $20,000	265	42	18	0	5	41	103	5	12	0	0	10	0	16	3	9
$20,000 to $39,999	115	19	3	0	0	36	29	0	0	0	0	0	9	9	5	3
$40,000 to $59,999	62	16	18	0	0	5	14	0	0	0	0	4	5	0	0	0
$60,000 to $79,999	30	5	0	0	3	6	8	0	0	0	0	0	0	5	3	0
$80,000 to $99,999	11	0	4	0	0	0	3	0	0	0	0	4	0	0	0	0
$100,000 to $124,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$125,000 to $149,999	5	0	0	0	0	5	0	0	0	0	0	0	0	0	0	0
$150,000 to $174,999	10	0	0	0	0	0	10	0	0	0	0	0	0	0	0	0
$175,000 to $199,999	3	3	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$200,000 to $249,999	7	3	0	0	0	0	4	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	3	0	3	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	19226	22148	42115	0	16329	22833	16567	10000	10000	0	0	17320	35477	19254	31330	13562
Mean	35780	34586	99895	0	25705	28003	29821	10000	4068	0	0	37475	36575	27532	35145	15272
Properties that refinanced and did not receive cash back	599	85	45	7	29	113	242	9	3	0	0	36	12	10	3	4
Properties that refinanced and did not report if received cash back	118	15	0	5	0	13	70	5	6	0	0	0	0	4	0	0
Properties that did not refinance	4854	571	414	66	54	529	2286	57	345	4	4	89	48	245	79	64
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	510	88	46	0	9	92	171	5	12	0	0	18	14	30	11	13
For additions, improvements or repairs to this property	250	69	16	0	9	28	94	0	4	0	0	9	9	8	0	5
To consolidate debts	222	35	9	0	3	45	79	5	0	0	0	12	11	4	11	8
For investment in other real estate	36	0	13	0	0	6	12	0	0	0	0	0	0	5	0	0
For other types of investments	42	3	8	0	0	3	16	0	5	0	0	0	0	6	0	0
For educational or medical expenses	62	0	6	0	0	32	19	0	0	0	0	0	5	0	0	0
To start a business	8	0	0	0	0	5	3	0	0	0	0	0	0	0	0	0
To settle a divorce	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
To pay taxes	8	0	0	0	0	5	3	0	0	0	0	0	0	0	0	0
To purchase an automobile, truck, or other vehicle	61	5	3	0	0	28	11	0	4	0	0	6	5	0	0	0
To purchase consumer product other than automobile, truck, or other vehicle	12	0	0	0	0	5	4	0	0	0	0	0	0	4	0	0
Other	17	0	0	0	0	6	0	0	0	0	0	0	0	12	0	0
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Properties that refinanced and did not receive cash back	599	85	45	7	29	113	242	9	3	0	0	36	12	10	3	4
Properties that refinanced and did not report if received cash back	118	15	0	5	0	13	70	5	6	0	0	0	0	4	0	0
Properties that did not refinance	4854	571	414	66	54	529	2286	57	345	4	4	89	48	245	79	64
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)	2445	300	201	36	42	370	1162	35	75	0	0	47	35	68	33	40
1997 and 1998	1425	159	103	18	18	171	696	37	63	0	4	31	3	92	18	12
1995 and 1996	677	105	50	7	5	96	263	4	46	0	0	14	12	46	18	11
1990 to 1994	824	103	62	7	13	87	345	0	77	0	0	25	9	64	21	9
1985 to 1989	396	42	47	5	8	9	177	0	63	0	0	23	9	12	0	0
1980 to 1984	118	27	3	5	0	0	40	0	31	0	0	4	0	4	3	0
1979 or earlier	197	22	38	0	5	13	85	0	11	4	0	0	6	4	0	9
Traditional First Mortgage Loan Less than $20,000	182	16	20	0	0	5	55	0	30	0	0	6	17	20	3	9
$20,000 to $29,999	256	23	17	0	4	18	114	0	44	0	0	12	0	15	5	5
$30,000 to $39,999	352	70	8	5	0	19	150	5	56	0	0	9	8	15	0	6
$40,000 to $49,999	404	58	35	3	14	17	166	0	58	4	0	15	6	20	6	4
$50,000 to $59,999	447	55	46	0	5	40	192	4	35	0	0	19	5	39	3	5
$60,000 to $79,999	773	107	48	3	10	74	397	16	31	0	0	10	0	54	15	9
$80,000 to $99,999	728	58	54	22	21	116	334	9	50	0	0	27	9	19	7	3
$100,000 to $149,999	1517	170	130	16	17	197	809	7	30	0	4	22	0	71	28	15
$150,000 to $199,999	586	64	43	9	9	130	268	15	16	0	0	11	18	1	0	4
$200,000 to $249,999	343	50	38	11	0	64	118	0	8	0	0	13	0	12	9	20
$250,000 to $299,999	192	39	16	9	3	34	56	12	5	0	0	0	5	12	0	0
$300,000 or more	227	33	36	0	4	30	84	9	4	0	0	0	7	12	9	0
Not reported	75	18	14	0	5	4	25	0	0	0	0	0	0	0	9	0
Median	96195	94792	106492	117352	90361	121109	97833	132251	49230	45000	125000	80091	83492	73559	105817	93924
Mean	116293	123465	139808	135419	103288	135917	112170	155909	69350	43000	140000	90314	116653	104784	134848	108102
Traditional First Mortgage Outstanding Debt Less than $10,000	179	25	19	0	0	13	75	0	19	0	0	0	13	4	3	9
$10,000 to $19,999	235	39	15	0	5	5	51	0	61	4	0	16	4	25	5	5
$20,000 to $29,999	316	28	20	0	4	25	171	0	29	0	0	12	4	18	0	6
$30,000 to $39,999	398	60	31	8	4	21	164	5	73	0	0	15	5	6	6	0
$40,000 to $49,999	424	54	31	0	12	46	149	4	47	0	0	23	10	45	0	4
$50,000 to $59,999	318	41	24	0	0	38	163	0	9	0	0	14	0	16	3	9
$60,000 to $79,999	890	114	46	10	10	99	461	16	38	0	0	8	0	56	23	8
$80,000 to $99,999	759	66	72	28	26	106	337	9	42	0	0	18	9	40	3	3
$100,000 to $149,999	1277	150	100	8	14	164	712	7	21	0	4	14	4	41	24	12
$150,000 to $199,999	592	67	57	4	4	124	253	15	15	0	0	11	14	13	4	12
$200,000 to $249,999	274	40	32	11	3	60	94	0	4	0	0	13	0	0	5	12
$250,000 to $299,999	158	28	10	9	0	16	57	12	5	0	0	0	8	12	0	0
$300,000 or more	191	30	33	0	4	30	58	9	4	0	0	0	4	12	9	0
Not reported	71	18	14	0	5	0	25	0	0	0	0	0	0	0	9	0
Median	86441	83003	96288	94964	85351	106309	88218	132251	40324	15000	125000	54600	83492	70856	98977	77555
Mean	107290	112722	129066	126393	96039	124441	104318	150965	59320	18956	124740	80480	106653	97716	127507	102367
Total Mortgage Outstanding Debt Less than $10,000	160	18	19	0	0	9	75	0	19	0	0	0	9	4	3	4
$10,000 to $19,999	221	39	12	0	5	9	43	0	61	4	0	16	4	25	5	0
$20,000 to $29,999	302	27	20	0	4	22	168	0	22	0	0	12	4	18	0	6
$30,000 to $39,999	368	53	35	8	4	21	146	5	74	0	0	11	0	6	6	0
$40,000 to $49,999	394	57	21	0	8	43	144	4	47	0	0	19	14	34	0	4
$50,000 to $59,999	304	41	21	0	0	28	160	0	9	0	0	14	0	16	3	11
$60,000 to $79,999	825	84	52	7	15	104	407	10	40	0	0	8	5	60	23	12
$80,000 to $99,999	795	77	68	31	22	95	362	15	42	0	0	21	5	44	3	9
$100,000 to $149,999	1306	163	98	8	14	158	727	7	25	0	4	19	7	45	24	7
$150,000 to $199,999	669	79	67	4	7	138	291	15	15	0	0	11	14	13	4	12
$200,000 to $249,999	296	48	30	11	3	67	98	0	4	0	0	13	0	0	5	17
$250,000 to $299,999	151	25	15	9	0	19	48	12	5	0	0	0	8	9	0	0
$300,000 or more	217	33	33	0	4	33	74	9	4	0	0	0	4	15	9	0
Not reported	71	18	14	0	5	0	25	0	0	0	0	0	0	0	9	0
Median	90812	93836	99514	95521	86198	113344	92629	132251	41573	15000	125000	60402	85682	73754	98977	89932
Mean	110467	115505	135378	127486	93869	129722	107034	152504	60374	18956	146019	84302	112562	99894	114732	117230
Current Interest Rate on First Mortgage Less than 6.0 percent	1903	359	239	23	59	45	828	0	55	0	0	47	42	129	24	53
6.0 percent	18	0	0	0	0	0	5	0	0	0	0	0	0	8	5	0
6.1 to 6.4 percent	103	6	13	0	0	23	27	0	6	0	0	13	3	12	0	0
6.5 to 6.9 percent	546	23	32	12	0	144	258	11	23	0	0	26	0	16	0	0
7.0 percent	532	60	13	3	5	76	273	6	27	0	4	17	0	36	10	0
7.1 to 7.4 percent	555	19	35	9	0	118	324	17	13	0	0	4	0	15	0	0
7.5 to 7.9 percent	600	37	48	3	0	122	309	12	20	0	0	15	4	20	10	0
8.0 percent	159	4	4	0	0	25	95	0	11	0	0	9	0	3	4	4
8.1 to 8.4 percent	283	9	12	4	0	58	156	4	24	0	0	0	0	17	0	0
8.5 to 8.9 percent	218	11	16	4	0	35	106	5	36	4	0	0	0	0	0	0
9.0 percent	90	9	0	0	4	21	21	0	32	0	0	0	0	0	3	0
9.1 to 9.4 percent	26	7	0	0	0	15	4	0	0	0	0	0	0	0	0	0
9.5 to 9.9 percent	110	4	3	0	0	15	31	14	34	0	0	0	0	0	4	6
10.0 percent	38	3	5	0	0	6	9	0	11	0	0	0	0	0	4	0
10.1 to 10.4 percent	35	0	4	0	0	5	26	0	0	0	0	0	0	0	0	0
10.5 to 10.9 percent	41	17	0	0	0	0	5	0	19	0	0	0	0	0	0	0
11.0 percent	69	9	8	3	0	8	32	5	3	0	0	0	0	0	0	0
11.1 to 12.9 percent	23	0	0	0	0	4	3	0	11	0	0	0	0	0	5	0
13.0 percent	17	5	9	0	0	0	0	0	4	0	0	0	0	0	0	0
13.1 percent or more	716	178	63	16	24	29	257	0	37	0	0	13	25	33	25	17
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	7.1	6.8	6.5	7.1	4.7	7.4	7.1	7.6	8.6	8.8	7.0	6.7	5.3	6.3	7.9	4.5
Points Paid as Interest on First Mortgage With mortgage placed	5991	746	492	78	87	743	2731	76	357	0	4	144	74	285	93	80
No points	1214	65	51	18	0	288	368	33	245	0	0	55	9	54	26	0
Less than 1 point	105	0	8	0	0	75	14	0	5	0	0	4	0	0	0	0
1 point	75	5	16	0	0	11	34	6	0	0	0	0	0	3	0	0
1.1 to 1.9 points	110	3	8	0	0	55	44	0	0	0	0	0	0	0	0	0
2 points	38	7	0	9	0	0	16	0	0	0	0	0	0	7	0	0
2.1 to 2.9 points	56	0	4	0	0	33	12	0	0	0	0	4	0	3	0	0
3 points	10	0	0	0	0	7	3	0	0	0	0	0	0	0	0	0
3.1 to 3.9 points	26	0	0	0	0	26	0	0	0	0	0	0	0	0	0	0
4 points	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
4.1 to 4.9 points	7	0	0	0	0	7	0	0	0	0	0	0	0	0	0	0
5 points	21	0	5	0	0	5	4	0	0	0	0	4	0	4	0	0
5.1 to 5.9 points	17	0	0	0	0	17	0	0	0	0	0	0	0	0	0	0
6 points or more	95	3	4	0	0	46	30	0	0	0	0	6	0	7	0	0
Not reported or don't know	4215	662	395	51	87	174	2207	36	107	0	4	72	65	207	68	80
With mortgage assumed	90	14	13	0	5	4	38	0	9	4	0	0	0	4	0	0
Type of Interest Rate Buydown Properties with interest rate buydown	68	0	5	0	0	0	60	0	0	0	0	4	0	0	0	0
Constant payment	11	0	0	0	0	0	7	0	0	0	0	4	0	0	0	0
3-2-1 buydown	5	0	5	0	0	0	0	0	0	0	0	0	0	0	0	0
Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Not reported	53	0	0	0	0	0	53	0	0	0	0	0	0	0	0	0
Properties without interest rate buydown	2669	156	150	21	4	549	1230	65	265	4	0	68	9	110	30	9
Not reported	3344	604	350	56	88	199	1479	11	102	0	4	72	65	179	64	71
Term of First Mortgage Less than 5 years	4	4	0	0	0	0	0	0	0	0	0	0	0	0	0	0
5 years	13	0	0	0	0	0	0	5	0	0	0	0	4	0	4	0
6 to 9 years	4	0	0	0	0	0	4	0	0	0	0	0	0	0	0	0
10 years	39	4	4	0	0	3	10	0	4	0	0	4	0	0	5	6
11 to 14 years	7	0	0	3	0	0	3	0	0	0	0	0	0	0	0	0
15 years	270	11	4	3	0	100	108	5	0	0	0	25	9	0	4	0
16 to 19 years	14	4	4	0	0	0	0	0	6	0	0	0	0	0	0	0
20 years	122	12	5	0	0	37	37	9	6	0	0	15	0	0	0	0
21 to 24 years	10	4	0	0	0	0	0	0	6	0	0	0	0	0	0	0
25 years	31	10	0	0	0	4	12	0	5	0	0	0	0	0	0	0
26 to 29 years	7	4	0	0	0	0	4	0	0	0	0	0	0	0	0	0
30 years	2445	103	160	20	4	497	1411	52	33	4	0	30	0	110	18	4
More than 30 years	214	0	0	0	0	5	3	0	205	0	0	0	0	0	0	0
No stated term	2902	606	327	51	88	101	1176	4	102	0	4	69	62	179	63	71
Median	30	30	30	30	31	30	30	30	55	31	0	21	15	31	30	11
Unexpired Term of First Mortgage Less than 5 years	44	11	0	0	0	13	7	5	0	0	0	0	4	0	4	0
5 to 9 years	105	8	4	0	0	28	26	0	14	4	0	12	0	0	5	6
10 to 14 years	214	7	0	7	0	65	79	0	27	0	0	18	3	0	7	0
15 to 19 years	245	18	18	0	0	44	88	11	40	0	0	13	6	8	0	0
20 to 24 years	468	34	16	4	4	87	172	7	88	0	0	6	0	40	7	4
25 to 29 years	1685	62	120	17	0	291	1037	34	44	0	0	21	0	56	3	0
30 or more years	418	14	20	0	0	118	183	14	52	0	0	6	0	6	5	0
No stated term or not computed	2902	606	327	51	88	101	1176	4	102	0	4	69	62	179	63	71
Median	27	25	27	26	23	26	27	27	23	8	0	18	14	26	15	9
Servicer of First Mortgage Commercial bank or trust company	984	698	0	0	0	0	252	7	10	4	0	0	0	14	0	0
Savings and loan association, federal savings bank	618	0	474	0	4	0	107	4	5	0	0	4	0	20	0	0
Mutual savings bank	87	0	0	78	0	0	9	0	0	0	0	0	0	0	0	0
Life insurance company	88	0	0	0	88	0	0	0	0	0	0	0	0	0	0	0
Mortgage banker or mortgage company	3323	61	31	0	0	747	2365	52	5	0	0	11	3	42	0	6
Federally-sponsored secondary market agency or pool	13	0	0	0	0	0	13	0	0	0	0	0	0	0	0	0
Conventional mortgage pool	13	0	0	0	0	0	3	9	0	0	0	0	0	0	0	0
Other federal agency	346	0	0	0	0	0	0	0	346	0	0	0	0	0	0	0
Real estate investment trust	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Pension or retirement fund	4	0	0	0	0	0	0	0	0	0	4	0	0	0	0	0
Credit union	151	0	0	0	0	0	14	4	0	0	0	129	0	5	0	0
Finance company	77	0	0	0	0	0	6	0	0	0	0	0	71	0	0	0
State or municipal government or housing finance agency	209	0	0	0	0	0	0	0	0	0	0	0	0	209	0	0
Individual or individual's estate	93	0	0	0	0	0	0	0	0	0	0	0	0	0	93	0
Other	74	0	0	0	0	0	0	0	0	0	0	0	0	0	0	74
Holder's Acquisition of First Mortgage Originated directly from borrower	2446	429	311	51	61	281	859	21	68	0	4	112	35	123	57	35
Purchased from present servicer	1883	167	57	3	8	247	933	26	267	4	0	18	25	77	28	23
Purchased from someone else	1752	164	137	23	23	219	977	29	32	0	0	14	14	89	8	23
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	4734	554	395	66	54	520	2224	57	341	4	4	89	48	241	75	64
Less than 40 percent	138	16	10	0	0	1	53	4	18	0	0	9	4	14	0	9
40 to 49 percent	78	14	7	0	0	5	34	0	14	0	0	0	0	0	3	0
50 to 59 percent	120	24	13	0	8	24	29	0	10	0	0	0	4	0	9	0
60 to 69 percent	405	82	26	0	12	28	187	0	32	0	0	7	7	8	5	9
70 to 79 percent	337	47	36	14	0	40	126	0	19	4	0	0	8	26	7	9
80 to 89 percent	667	93	55	9	8	57	318	9	43	0	0	10	0	55	11	0
90 to 94 percent	791	66	81	7	4	126	390	17	19	0	0	24	5	41	3	9
95 to 99 percent	920	51	57	11	9	123	519	10	57	0	0	13	5	41	8	14
100 percent or more	1225	149	90	25	14	115	554	17	128	0	4	25	15	56	19	14
Not reported	54	12	19	0	0	0	13	0	0	0	0	0	0	0	9	0
Median	94	90	92	96	89	94	95	95	96	75	50050	94	91	92	88	93
Other properties	1346	206	110	12	38	227	545	19	25	0	0	54	27	48	19	17
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	4734	554	395	66	54	520	2224	57	341	4	4	89	48	241	75	64
Less than 40 percent	145	16	9	0	0	8	57	0	23	0	0	5	4	14	0	9
40 to 49 percent	65	10	3	0	0	5	38	0	4	0	0	0	0	0	3	0
50 to 59 percent	105	9	10	0	8	21	29	0	16	0	0	0	4	0	9	0
60 to 69 percent	734	129	75	8	7	105	279	18	40	0	4	12	11	19	13	15
70 to 79 percent	398	60	34	14	5	61	153	4	9	4	0	0	5	31	11	9
80 to 89 percent	939	88	74	21	8	112	462	3	60	0	0	29	0	71	11	0
90 to 94 percent	832	75	81	7	4	110	448	20	9	0	0	14	5	46	0	12
95 to 99 percent	657	41	43	7	9	70	385	7	49	0	0	10	5	14	7	11
100 percent or more	810	113	53	7	14	27	359	5	131	0	0	19	15	46	12	8
Not reported	49	12	14	0	0	0	13	0	0	0	0	0	0	0	9	0
Median	90	85	88	85	89	85	91	91	96	75	65	90	91	88	77	79
Other properties	1346	206	110	12	38	227	545	19	25	0	0	54	27	48	19	17
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Risk Subprime loan	189	52	19	0	0	20	72	11	4	0	0	0	0	5	0	6
Not subprime loan	5892	707	485	78	92	727	2698	65	362	4	4	144	74	284	93	74
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	311	44	40	0	9	33	109	0	24	0	0	4	14	19	6	9
20 to 29 percent	244	49	16	0	0	16	81	4	43	4	0	17	8	8	0	0
30 to 39 percent	342	52	29	0	11	42	116	5	29	0	0	7	4	35	8	4
40 to 49 percent	493	95	33	14	5	44	206	0	38	0	0	13	4	17	12	12
50 to 59 percent	697	77	68	14	4	101	290	6	50	0	0	20	3	45	7	10
60 to 69 percent	785	99	86	16	13	76	365	5	33	0	0	23	9	37	14	8
70 to 79 percent	1061	145	55	16	19	158	483	10	70	0	0	23	18	36	16	12
80 to 89 percent	1039	100	44	10	11	151	572	27	28	0	0	26	5	53	3	7
90 to 99 percent	718	59	85	8	12	83	366	7	29	0	4	10	4	23	17	12
100 percent or more	296	20	32	0	4	42	148	11	14	0	0	0	6	16	0	5
Not reported or not computed	95	22	17	0	5	0	33	0	8	0	0	0	0	0	9	0
Median	71	65	67	67	71	74	74	83	59	25	95	65	65	65	66	66
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal	5915	725	484	73	86	747	2695	76	362	4	4	140	74	289	81	75
Interest and principal	5911	725	484	73	86	747	2692	76	362	4	4	140	74	289	81	75
Fully amortized	5220	596	400	59	76	633	2571	66	180	4	0	140	70	280	77	66
Not fully amortized	692	129	83	13	10	114	121	10	182	0	4	0	4	9	4	9
Interest only	3	0	0	0	0	0	3	0	0	0	0	0	0	0	0	0
No regular payments required	9	0	4	0	0	0	5	0	0	0	0	0	0	0	0	0
Not reported	157	35	17	5	5	0	69	0	5	0	0	4	0	0	12	6
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	5911	725	484	73	86	747	2692	76	362	4	4	140	74	289	81	75
Real estate taxes	2582	112	111	19	4	530	1500	51	75	4	0	54	0	112	8	4
Property insurance	2365	93	111	4	4	483	1395	34	76	4	0	46	0	112	0	4
Mortgage insurance	1806	75	128	27	4	267	1164	28	5	4	0	38	0	63	0	4
Other	882	51	42	4	4	205	503	12	11	4	0	11	0	36	0	0
No items included or not reported	3227	601	322	46	83	207	1183	25	281	0	4	80	74	177	73	71
No regular payments of interest and principal	170	35	21	5	5	0	77	0	5	0	0	4	0	0	12	6
Monthly Interest and Principal Payments on First Mortgage Monthly payments of interest and/or principal	5915	725	484	73	86	747	2695	76	362	4	4	140	74	289	81	75
Less than $100	46	0	6	0	0	3	14	0	18	0	0	0	0	4	0	0
$100 to $199	144	12	0	0	0	8	49	0	35	0	0	15	0	21	0	4
$200 to $299	298	61	11	0	4	29	93	0	51	0	0	8	9	27	0	5
$300 to $399	503	54	43	3	5	40	204	5	86	4	0	12	4	31	14	0
$400 to $499	547	73	35	0	10	46	261	3	30	0	0	21	8	45	5	9
$500 to $599	592	74	44	0	4	67	314	13	25	0	0	14	0	29	3	4
$600 to $699	540	59	38	24	5	50	279	6	36	0	0	6	10	15	10	0
$700 to $799	551	23	62	7	17	67	313	5	21	0	0	4	9	15	7	0
$800 to $899	426	42	45	4	9	61	203	4	8	0	0	17	0	14	11	8
$900 to $999	369	50	32	0	0	63	190	0	3	0	4	3	0	17	5	0
$1,000 to $1,249	691	94	52	12	17	136	301	13	17	0	0	11	9	14	10	7
$1,250 to $1,499	411	45	24	9	5	49	226	0	5	0	0	9	9	18	4	9
$1,500 or more	796	138	92	14	11	127	247	26	26	0	0	21	16	39	12	28
Median	752	816	807	867	792	902	742	1019	389	350	950	625	758	556	815	1242
Mean	938	1079	1116	1105	1373	1006	855	1227	575	330	962	920	1093	842	1074	1615
No regular payments required	9	0	4	0	0	0	5	0	0	0	0	0	0	0	0	0
Not reported	157	35	17	5	5	0	69	0	5	0	0	4	0	0	12	6
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	6072	760	501	78	92	747	2764	76	367	4	4	144	74	289	93	80
Up-to-date, ahead of schedule, or less than 90 days past due	2998	147	168	27	4	605	1494	72	239	4	0	75	13	110	31	9
Delinquent by 90 days or more	87	9	0	0	0	27	21	0	26	0	0	0	0	5	0	0
Legal proceedings have begun	42	9	0	0	0	18	0	0	15	0	0	0	0	0	0	0
Legal proceedings have not begun	33	0	0	0	0	3	14	0	11	0	0	0	0	5	0	0
Not reported	12	0	0	0	0	6	6	0	0	0	0	0	0	0	0	0
Not reported	2987	604	333	51	88	116	1250	4	102	0	4	69	62	174	63	71
Other properties	9	0	4	0	0	0	5	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	5915	725	484	73	86	747	2695	76	362	4	4	140	74	289	81	75
Less than 5 percent	203	28	9	0	0	16	101	0	22	0	0	10	0	14	4	0
5 to 9 percent	929	157	76	3	8	133	394	11	50	0	0	23	8	50	3	13
10 to 14 percent	1538	135	105	20	21	180	817	20	81	0	0	47	15	51	35	12
15 to 19 percent	1216	114	105	11	22	145	584	32	56	4	0	30	17	87	3	7
20 to 24 percent	656	99	77	18	14	92	280	8	25	0	0	4	16	13	0	11
25 to 29 percent	338	35	34	4	14	43	127	0	34	0	0	0	5	25	7	9
30 to 34 percent	214	11	23	3	0	53	99	0	0	0	0	5	0	10	10	0
35 to 39 percent	114	22	12	0	3	9	40	0	19	0	0	0	5	0	0	3
40 to 49 percent	96	21	0	5	0	11	27	0	23	0	0	0	0	0	5	3
50 percent or more	199	30	22	0	3	27	65	0	20	0	4	8	4	5	0	10
Not reported or not computed	411	73	21	9	0	39	160	5	32	0	0	14	5	34	14	6
Median	15	15	17	19	18	16	15	16	16	18	5025	13	19	16	14	21
No regular payments required	166	35	21	5	5	0	74	0	5	0	0	4	0	0	12	6
Real Estate Tax Per $1,000 Value Acquired before 2000	4989	617	404	57	71	614	2244	53	345	4	4	137	65	233	76	63
Less than $5	1245	204	80	4	22	144	557	9	111	0	0	33	26	34	16	6
$5 to $9	1356	154	115	28	25	194	588	13	94	4	0	44	18	29	30	21
$10 to $14	1102	115	111	16	12	139	485	5	65	0	0	38	17	69	14	16
$15 to $19	524	60	44	0	3	67	234	26	19	0	0	7	4	42	9	8
$20 to $24	275	25	14	0	3	30	125	0	36	0	4	7	0	26	3	0
$25 to $29	196	16	10	7	0	9	119	0	8	0	0	3	0	15	0	9
$30 to $39	244	35	15	3	0	31	120	0	12	0	0	5	0	19	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	47	8	14	0	5	0	15	0	0	0	0	0	0	0	4	0
Median	10	8	10	9	7	9	10	14	8	8	23	9	7	14	8	12
Acquired 2000 and 2001 (part)	1092	143	100	20	21	133	525	23	22	0	0	7	9	56	17	17