Residential Finance Survey

Residential Finance Survey: 2001 - Northeast
Table 6-3b. Mortgage Insurance Status, Rental and Vacant 5- to 49-Housing-Unit Mortgaged Properties
^Number of mortgaged properties.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base of derived figures (percent, median, etc.) and meaning of symbols, see text.
@5Includes first mortgages that are guaranteed by the VA or Rural Housing Service/Rural Development or are insured by state and local governments with or without FHA insurance, VA, or Rural Housing Service/Rural Development guarantees.
Monthly Rental Receipts Per Housing Unit, Rental Receipts as Percent of Value, Rental Vacancy Losses as Percent of Potential Receipts, Interest and Principal Payments on First Mortgage as Percent of Rental Receipts and Real Estate Tax as Percent of Rental Receipts acquired before 2000 exclude properties with less than half of units in rental market during all of year preceding survey and cooperatively owned apartments^^

		Properties with government-insured rental market during all of year preceding survey and cooperatively owned apartments^^ or guaranteed first mortgage
	Total mortgaged properties	FHA first mortgage	Other insured or guaranteed first mortgage@5	Properties with privately-insured first mortgage	Not insured
5- to 49-housing-unit properties with traditional first mortgage	64252	3473	3102	5229	52449
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs	56408	2624	2720	4965	46100
In central cities	33401	1567	1306	3719	26810
Not in central cities	23007	1058	1414	1246	19290
Outside MAs	7844	848	383	264	6348
Number of Housing Units 5 to 9 housing units	35166	2225	722	3307	28912
10 to 19 housing units	11933	649	523	491	10270
20 to 29 housing units	7605	182	873	930	5620
30 to 39 housing units	5419	106	713	327	4274
40 to 49 housing units	4129	310	272	174	3373
Manner of Acquisition By purchase	57917	3473	2915	5066	46464
Placed one new mortgage	44310	2974	2379	3682	35275
Placed two or more new mortgages	7181	201	281	695	6004
Assumed mortgage(s) already on property	3337	96	123	102	3017
Assumed mortgage(s) already on property and placed new mortgage	1107	0	132	72	904
Borrowed using assets other than this property as collateral	959	0	0	0	959
Paid all cash-no borrowing	317	0	0	106	211
Other manner	706	203	0	409	94
By inheritance or gift	2722	0	166	0	2556
By divorce	80	0	0	0	80
By tax free exchange of other property	0	0	0	0	0
By foreclosure or assignment	939	0	0	0	939
By some other manner	1086	0	13	78	995
Not reported	1508	0	8	84	1415
Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	29662	1248	1333	3644	23438
Sale of stock or other partnership shares for this project	634	8	132	38	456
Sale of previously owned stocks, shares, or other securities	1295	0	0	0	1295
Sale of land or other real estate	2137	0	0	0	2137
Owner's cash, bank deposits, share accounts, or bonds	16763	1081	553	1989	13140
Borrowing from a retirement plan	0	0	0	0	0
Borrowing using assets other than this property as collateral	2487	127	0	0	2360
Proceeds from an insurance policy	0	0	0	0	0
From a state or local government source	425	0	125	0	300
From a non-profit organization	181	0	125	0	56
Proceeds from sale of tax credits	463	0	316	0	147
From parents or relatives	1222	49	0	467	706
Other cash source	261	0	0	0	261
Non-cash source	168	0	0	0	168
No downpayment required	2734	0	318	1091	1325
Not reported	3022	32	145	59	2786
Other properties	33269	2225	1761	1500	27783
Not reported	1321	0	8	84	1228
Year Property Acquired 1999 to 2001 (part)	19262	784	746	1849	15883
1997 and 1998	9070	64	595	1352	7060
1995 and 1996	5706	400	167	606	4533
1990 to 1994	7317	691	262	726	5638
1985 to 1989	8360	425	969	42	6924
1980 to 1984	5391	330	175	300	4586
1975 to 1979	2641	112	129	201	2199
1970 to 1974	3716	322	0	0	3393
1969 or earlier	2789	344	59	152	2233
Building and Land Acquisition Acquired at same time	56416	2991	2005	4598	46822
Not acquired at same time	5156	437	963	508	3247
Land not owned by building owner	486	45	0	0	441
Not reported	2194	0	134	123	1938
Property New or Previously Owned When Acquired Acquired by purchase	57917	3473	2915	5066	46464
New	7090	437	1103	708	4843
Previously owned	49483	2770	1773	4359	40582
As residential property	46016	2658	1713	4002	37643
Converted from nonresidential use	3466	112	59	357	2939
Other	903	175	0	0	728
Not reported	442	91	39	0	311
Other properties	4827	0	179	78	4570
Not reported	1508	0	8	84	1415
Year Structure Built 1999 to March 2000	2632	8	125	175	2324
1997 and 1998	624	32	0	504	88
1995 and 1996	763	0	8	0	755
1990 to 1994	1468	0	340	351	776
1980 to 1989	4671	86	1096	405	3084
1970 to 1979	5044	200	168	647	4029
1960 to 1969	5220	589	133	561	3937
1950 to 1959	4353	0	458	0	3895
1940 to 1949	6333	959	0	1178	4196
1939 or earlier	33144	1599	774	1408	29363
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	25390	848	1174	3038	20330
Less than $20,000	9015	312	365	483	7855
$20,000 to $39,999	9421	127	333	1898	7063
$40,000 to $59,999	3367	49	78	102	3139
$60,000 to $79,999	1561	256	0	0	1305
$80,000 to $99,999	751	103	0	504	144
$100,000 to $124,999	61	0	0	0	61
$125,000 to $149,999	490	0	398	0	92
$150,000 to $174,999	0	0	0	0	0
$175,000 to $199,999	44	0	0	0	44
$200,000 to $249,999	0	0	0	0	0
$250,000 to $299,999	52	0	0	52	0
$300,000 to $499,999	182	0	0	0	182
$500,000 or more	243	0	0	0	243
Median	27598	37647	33342	30922	26254
Mean	39596	42590	63520	37813	38343
Other properties	38863	2625	1928	2191	32119
Value Less than $100,000	4132	0	153	266	3714
$100,000 to $199,999	10877	451	125	1505	8795
$200,000 to $299,999	7606	855	0	1041	5710
$300,000 to $399,999	7402	255	0	0	7146
$400,000 to $499,999	4586	233	0	592	3761
$500,000 to $749,999	6795	539	521	201	5533
$750,000 to $999,999	6572	263	995	520	4793
$1,000,000 to $1,499,999	6535	230	616	285	5404
$1,500,000 to $1,999,999	3156	276	440	475	1966
$2,000,000 to $2,999,999	2379	62	214	94	2008
$3,000,000 to $3,999,999	1652	262	0	150	1239
$4,000,000 to $4,999,999	714	0	0	48	666
$5,000,000 or more	1848	46	38	52	1713
Median	446006	475068	938882	281101	422840
Mean	900201	841399	1047894	721950	913131
Value Per Housing Unit@8 Less than $20,000	10192	483	358	458	8893
$20,000 to $39,999	21263	1201	904	3090	16068
$40,000 to $59,999	12264	755	631	458	10420
$60,000 to $79,999	9532	206	607	201	8518
$80,000 to $99,999	2939	96	0	402	2442
$100,000 to $124,999	2070	431	204	150	1285
$125,000 to $149,999	2518	46	398	418	1655
$150,000 to $174,999	837	0	0	0	837
$175,000 to $199,999	284	0	0	0	284
$200,000 to $249,999	171	0	0	0	171
$250,000 to $299,999	499	255	0	52	193
$300,000 to $499,999	999	0	0	0	999
$500,000 or more	685	0	0	0	685
Median	41095	41377	49168	33958	42425
Mean	62292	67042	59129	47121	63677
Purchase Price as Percent of Value@8 Acquired by purchase	57917	3473	2915	5066	46464
Purchased 1997 to 2001 (part)	25390	848	1174	3038	20330
Less than 60 percent	3725	64	436	324	2902
60 to 69 percent	2508	383	0	0	2124
70 to 79 percent	2498	0	0	418	2079
80 to 99 percent	7184	0	280	1371	5533
100 percent or more	9273	401	458	925	7490
Median	91	69	91	91	91
Purchased 1990 to 1996 (part)	10958	1091	408	1332	8127
Less than 40 percent	1241	488	0	0	753
40 to 59 percent	2004	0	0	379	1625
60 to 79 percent	2709	593	83	91	1942
80 to 99 percent	2451	10	159	776	1506
100 percent or more	2554	0	166	86	2302
Median	76	62	95	85	77
Purchased 1989 or earlier	21569	1534	1333	696	18007
Less than 20 percent	5617	309	124	0	5183
20 to 39 percent	2769	43	199	0	2527
40 to 59 percent	4010	330	371	42	3267
60 to 79 percent	1641	207	44	156	1234
80 to 99 percent	2027	454	128	0	1446
100 percent or more	5505	190	467	498	4351
Median	52	68	59	1953	48
Not acquired by purchase	6335	0	187	163	5985
Value of Capital Improvements Properties with capital improvements between 1998 and 2000	36166	2232	1733	3751	28450
Less than $5,000	6655	233	315	1409	4698
$5,000 to $9,999	4637	287	61	767	3522
$10,000 to $24,999	10203	980	473	173	8577
$25,000 to $49,999	5631	436	350	635	4210
$50,000 to $74,999	3036	156	305	590	1986
$75,000 to $99,999	1092	0	38	0	1054
$100,000 to $149,999	1871	141	0	0	1730
$150,000 to $199,999	1879	0	0	178	1701
$200,000 to $299,999	632	0	59	0	573
$300,000 or more	531	0	132	0	399
Median	19985	19131	26263	8043	20502
Mean	53842	27402	57074	29128	58978
Properties with no capital improvements between 1998 and 2000	16844	422	1206	1078	14138
Capital improvements not reported	11242	818	163	399	9861
Value of Capital Improvements Per Unit Properties with capital improvements between 1998 and 2000	36166	2232	1733	3751	28450
Less than $500	5247	402	478	134	4234
$500 to $999	9391	228	364	1784	7016
$1,000 to $2,499	10079	641	700	851	7887
$2,500 to $4,999	5459	455	0	386	4618
$5,000 to $7,499	1453	508	59	0	886
$7,500 to $9,999	582	0	0	0	582
$10,000 to $14,999	2482	0	132	596	1754
$15,000 to $19,999	304	0	0	0	304
$20,000 to $29,999	818	0	0	0	818
$30,000 or more	352	0	0	0	352
Median	1513	2140	1052	988	1566
Mean	3856	2611	2159	2542	4231
Properties with no capital improvements between 1998 and 2000	16844	422	1206	1078	14138
Capital improvements not reported	11242	818	163	399	9861
Monthly Rental Receipts Per Housing Unit Acquired before 2000	49107	2784	2559	3517	40248
Less than $100	3751	203	0	78	3469
$100 to $199	2964	266	0	193	2505
$200 to $299	7289	466	602	0	6222
$300 to $399	4325	0	753	414	3159
$400 to $499	9185	422	384	1253	7127
$500 to $599	5773	663	391	42	4676
$600 to $799	4449	0	49	137	4262
$800 to $999	6266	337	155	532	5242
$1000 or more	5105	428	225	867	3585
No rental receipts	0	0	0	0	0
Median	468	505	390	486	467
Mean	829	759	454	1681	783
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Rental Receipts as Percent of Value@8 Acquired before 2000	49107	2784	2559	3517	40248
Less than 5 percent	1720	0	0	130	1590
5 to 9 percent	13941	934	786	320	11900
10 to 14 percent	13710	477	835	1209	11189
15 to 19 percent	9286	1103	444	149	7589
20 to 24 percent	4317	152	50	732	3382
25 to 29 percent	2488	86	10	216	2176
30 to 39 percent	1249	0	95	72	1083
40 percent or more	2396	32	337	687	1340
Median	13	15	13	18	13
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	49107	2784	2559	3517	40248
Less than 1.0 percent	8057	417	753	518	6370
1.0 to 2.9 percent	5758	1243	372	217	3926
3.0 to 4.9 percent	5976	10	336	603	5028
5.0 to 6.9 percent	2459	0	45	107	2307
7.0 to 8.9 percent	2755	0	185	541	2029
9.0 to 10.9 percent	1549	0	103	504	943
11.0 to 12.9 percent	384	0	64	78	241
13.0 to 14.9 percent	1237	0	227	0	1010
15.0 percent or more	6039	490	47	186	5315
Not reported or not computed	14893	625	427	763	13079
Median	4.1	2.1	2.7	5.7	4.3
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Age Restrictions Property restricted to people age 55 or older	11378	1339	744	1208	8087
Property not restricted to people age 55 or older	49322	2089	2358	3929	40946
Not reported	3552	45	0	92	3415
Age Composition Over one-half the residents of the building age 55 or older	2928	452	128	78	2270
Over one-half the residents of the building not age 55 or older	47394	1588	2144	3851	39811
Not reported	13930	1433	830	1300	10367
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service	8139	1065	291	592	6191
Charge included in rent	5974	1033	291	592	4058
Charge not included in rent	32	32	0	0	0
Not reported	2133	0	0	0	2133
Property does not provide meal service	3696	460	648	78	2510
Not reported	52417	1948	2163	4558	43747
Type of Property Benefits@1 Government-sponsored below-market interest rate mortgage loan	3427	139	834	91	2362
Government rental subsidy	10244	139	909	1011	8186
Government grant	470	0	125	0	345
Property tax relief	1690	139	125	0	1426
Federal income tax credit for low-income, old or historic properties	825	8	427	48	342
Accelerated federal income tax depreciation for low- and moderate-income properties	246	0	246	0	0
Subsidy from a non-profit corporation	356	45	163	0	148
None of the above benefits	46212	3281	1579	3877	37474
Not reported	4093	0	321	250	3522
Source of Property Benefits@1 With property benefits	13947	192	1201	1102	11453
Federal government	10578	147	1201	848	8382
State government	2314	0	49	211	2054
Local government	1177	96	49	42	990
Non-profit corporation	356	45	163	0	148
Not reported	300	0	0	0	300
With no property benefits	46212	3281	1579	3877	37474
Not reported	4093	0	321	250	3522
Reason for Benefits@1 With property benefits	13947	192	1201	1102	11453
Occupied by low- or moderate-income individuals	10269	147	1046	543	8534
Occupied by elderly or disabled individuals	4027	51	485	856	2636
A historic structure	59	0	59	0	0
Located in a community development or economic development area	863	96	194	0	574
Covered by a Homestead Exemption	0	0	0	0	0
Covered by a Community Land Trust	0	0	0	0	0
Covered by disaster relief	0	0	0	0	0
Other reason	848	0	0	91	756
Not reported	656	45	0	0	611
With no property benefits	46212	3281	1579	3877	37474
Not reported	4093	0	321	250	3522
Section 8 Rental Housing Certificates and Vouchers Property did or does have tenants receiving Section 8 assistance	25130	1100	1419	1313	21298
Property has never had tenants receiving Section 8 assistance	35213	2296	1561	3773	27584
Not reported	3909	77	123	143	3566
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	36078	1792	542	2685	31059
Limited partnership	9383	143	1351	821	7068
Joint venture	710	203	0	0	507
General partnership	3251	471	142	362	2276
Life insurance company	0	0	0	0	0
Depository institution	0	0	0	0	0
Public real estate investment trust	8	0	0	0	8
Private real estate investment trust	84	0	0	0	84
Corporation - other than real estate investment trust	12180	811	858	1138	9374
Housing cooperative organization	706	0	0	38	667
Non-profit or church-related institution	908	43	0	106	759
Pension fund	0	0	0	0	0
Fraternal organization	0	0	0	0	0
Other	944	9	209	78	647
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	56607	3219	2035	4679	46675
2 mortgages	6061	254	751	248	4808
3 or more mortgages	1584	0	316	303	965
Form of Debt of First Mortgage Mortgage or deed of trust	64252	3473	3102	5229	52449
Contract to purchase	0	0	0	0	0
Some other loan secured by this property	0	0	0	0	0
Method of Loan Application By computer over the Internet or by e-mail	28	0	28	0	0
By telephone or FAX	5716	230	143	311	5032
By regular mail	4830	51	111	178	4491
By personal visit	35789	2314	1323	2489	29663
Through third party (such as real estate agent or builder)	8956	103	579	596	7679
Some other way	1107	0	177	201	729
Not reported	6435	776	684	1454	3522
Not available	1390	0	58	0	1332
Origin of First Mortgage Mortgage made at time property acquired	44201	2302	2593	4050	35255
Mortgage assumed at the time property acquired	3409	96	255	102	2956
Mortgage placed later than acquisition of property	16643	1075	254	1077	14237
Refinanced mortgage	14526	1075	195	971	12285
Same lender	4390	46	71	159	4114
Different lender	10135	1029	123	812	8171
Mortgage placed on property owned free and clear of debt	2118	0	59	106	1952
Not available	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	16643	1075	254	1077	14237
Obtain lower interest rate	8543	744	121	545	7133
Increase payment period for mortgage	306	0	0	0	306
Reduce payment period for mortgage	0	0	0	0	0
Renew or extend loan that had fallen due, without increasing outstanding balance	1635	99	74	103	1359
Receive cash or increase outstanding balance of loan	4183	233	0	428	3521
Other reason	748	0	59	0	689
Not reported	1229	0	0	0	1229
Other properties	47609	2397	2848	4152	38212
Not available	0	0	0	0	0
Cash Received From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received	7432	277	109	899	6148
Less than $100,000	3004	233	0	428	2343
$100,000 to $199,999	1991	44	0	106	1841
$200,000 to $299,999	526	0	49	94	383
$300,000 to $399,999	50	0	0	0	50
$400,000 to $499,999	865	0	59	114	692
$500,000 to $749,999	266	0	0	0	266
$750,000 to $999,999	312	0	0	156	156
$1,000,000 to $1,499,999	0	0	0	0	0
$1,500,000 to $1,999,999	43	0	0	0	43
$2,000,000 to $2,999,999	0	0	0	0	0
$3,000,000 to $3,999,999	201	0	0	0	201
$4,000,000 to $4,999,999	0	0	0	0	0
$5,000,000 or more	174	0	0	0	174
Not reported	0	0	0	0	0
Median	135758	59414	408258	119852	139709
Mean	447003	61092	359321	245274	495431
Properties that refinanced and did not receive cash back	7217	733	108	178	6199
Properties that refinanced and did not report if received cash back	1994	66	38	0	1890
Properties that did not refinance	47609	2397	2848	4152	38212
Not available	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	7432	277	109	899	6148
For additions, improvements or repairs to this property	4461	233	109	714	3406
To consolidate debts	2005	0	0	91	1914
For investment in other real estate	2768	0	49	107	2612
For other types of investments	1257	44	0	367	846
For educational or medical expenses	199	0	0	0	199
To start a business	154	0	0	0	154
To settle a divorce	199	0	0	0	199
To pay taxes	237	0	0	0	237
To purchase an automobile, truck, or other vehicle	509	0	0	0	509
To purchase consumer product other than automobile, truck, or other vehicle	367	0	0	367	0
Other	232	0	0	0	232
Not reported	141	0	0	94	47
Properties that refinanced and did not receive cash back	7217	733	108	178	6199
Properties that refinanced and did not report if received cash back	1994	66	38	0	1890
Properties that did not refinance	47609	2397	2848	4152	38212
Not available	0	0	0	0	0
Purpose of Second Mortgage Properties with second mortgage	7000	254	1067	445	5233
Provide funds for the purchase of this property	3919	159	316	0	3444
Provide funds for additions, improvements or repairs to this property	1792	96	107	228	1362
Provide funds for consolidation of debts	0	0	0	0	0
Provide funds for investment in other real estate	166	0	166	0	0
Provide funds for other types of investments	0	0	0	0	0
Provide funds for educational or medical expenses	0	0	0	0	0
Provide funds for starting a business	0	0	0	0	0
Provide funds to settle a divorce	0	0	0	0	0
Provide funds to pay taxes	0	0	0	0	0
Provide funds to purchase automobile, truck, or vehicle	0	0	0	0	0
Provide funds to purchase another type of consumer product	0	0	0	0	0
Other reasons	540	0	478	0	62
Not reported	583	0	0	217	366
Other properties	57252	3219	2035	4784	47215
Purpose of Line of Credit Properties with second mortgage or line of credit	862	0	0	322	540
Provide funds for additions, improvements or repairs to this property	225	0	0	217	8
Provide funds for consolidation of debts	158	0	0	0	158
Provide funds for investment in other real estate	168	0	0	0	168
Provide funds for other types of investments	0	0	0	0	0
Provide funds for educational or medical expenses	0	0	0	0	0
Provide funds for starting a business	0	0	0	0	0
Provide funds to settle a divorce	0	0	0	0	0
Provide funds to pay taxes	0	0	0	0	0
Provide funds to purchase automobile, truck, or vehicle	0	0	0	0	0
Provide funds to purchase another type of consumer product	0	0	0	0	0
Other reasons	0	0	0	0	0
Not reported	311	0	0	105	207
Other properties	63390	3473	3102	4907	51908
Year First Mortgage Made or Assumed 1999 to 2001 (part)	28523	1264	820	2917	23522
1997 and 1998	14240	306	967	1709	11258
1995 and 1996	5251	108	307	91	4745
1990 to 1994	6887	713	280	242	5652
1985 to 1989	4044	374	543	0	3127
1980 to 1984	2973	330	175	206	2262
1979 or earlier	2334	378	10	64	1882
Traditional First Mortgage Loan Less than $50,000	1441	266	0	0	1176
$50,000 to $99,999	6799	203	0	266	6330
$100,000 to $149,999	12029	596	10	1757	9666
$150,000 to $199,999	6703	936	45	993	4729
$200,000 to $249,999	5178	156	292	186	4544
$250,000 to $299,999	3468	368	323	211	2565
$300,000 to $399,999	5958	159	132	0	5668
$400,000 to $499,999	4041	0	167	483	3392
$500,000 to $749,999	7233	152	798	313	5971
$750,000 to $999,999	3073	91	373	257	2351
$1,000,000 to $1,499,999	3764	229	569	475	2491
$1,500,000 to $1,999,999	1737	264	187	64	1222
$2,000,000 or more	1386	43	38	134	1172
Not reported	1442	9	168	90	1174
Median	234420	178562	626682	175915	234398
Mean	435637	410604	754285	399250	422740
Total Mortgage Loan Less than $50,000	1441	266	0	0	1176
$50,000 to $99,999	6289	203	0	266	5821
$100,000 to $149,999	11865	565	10	1678	9612
$150,000 to $199,999	6141	936	45	855	4304
$200,000 to $249,999	5125	156	0	186	4783
$250,000 to $299,999	3172	368	323	211	2269
$300,000 to $399,999	6535	32	166	217	6120
$400,000 to $499,999	4376	127	108	483	3659
$500,000 to $749,999	6704	57	536	313	5798
$750,000 to $999,999	3526	91	764	257	2413
$1,000,000 to $1,499,999	3923	261	617	475	2571
$1,500,000 to $1,999,999	2001	264	326	64	1346
$2,000,000 or more	1768	139	38	134	1458
Not reported	1386	9	168	90	1118
Median	245824	180255	787440	184703	242647
Mean	469887	495920	869825	414510	450813
Traditional First Mortgage Outstanding Debt Less than $50,000	3013	266	50	0	2697
$50,000 to $99,999	10906	203	0	1477	9226
$100,000 to $149,999	10004	908	104	546	8447
$150,000 to $199,999	7425	892	494	1349	4689
$200,000 to $249,999	4596	0	166	0	4430
$250,000 to $299,999	2903	256	10	106	2530
$300,000 to $399,999	7077	159	364	418	6136
$400,000 to $499,999	2040	141	0	206	1693
$500,000 to $749,999	6181	57	716	107	5301
$750,000 to $999,999	2841	181	404	257	1997
$1,000,000 to $1,499,999	3716	348	559	539	2269
$1,500,000 to $1,999,999	1124	53	28	0	1043
$2,000,000 or more	985	0	38	134	814
Not reported	1442	9	168	90	1174
Median	196604	168438	592245	170285	200629
Mean	383468	348483	657807	360641	372420
Total Mortgage Outstanding Debt Less than $50,000	2406	266	50	0	2089
$50,000 to $99,999	10766	203	0	1477	9086
$100,000 to $149,999	9987	876	44	467	8600
$150,000 to $199,999	6704	892	369	1146	4297
$200,000 to $249,999	4690	0	0	64	4626
$250,000 to $299,999	3016	256	177	106	2477
$300,000 to $399,999	7561	32	292	635	6602
$400,000 to $499,999	1963	172	0	206	1585
$500,000 to $749,999	6009	57	395	107	5451
$750,000 to $999,999	3244	181	843	257	1962
$1,000,000 to $1,499,999	3742	380	559	539	2264
$1,500,000 to $1,999,999	1472	53	167	0	1252
$2,000,000 or more	1306	96	38	134	1039
Not reported	1386	9	168	90	1118
Median	208896	170213	766634	177296	210449
Mean	404511	421666	722804	367003	388289
Current Interest Rate on First Mortgage Less than 6.0 percent	18906	9	786	1776	16334
6.0 percent	712	0	0	0	712
6.1 to 6.4 percent	56	0	0	0	56
6.5 to 6.9 percent	1644	0	220	105	1319
7.0 percent	4557	0	369	366	3822
7.1 to 7.4 percent	2601	44	127	193	2237
7.5 to 7.9 percent	5833	494	246	495	4598
8.0 percent	1796	64	34	95	1603
8.1 to 8.4 percent	2599	0	58	395	2146
8.5 to 8.9 percent	3867	49	171	0	3647
9.0 percent	1631	57	74	0	1501
9.1 to 9.4 percent	2501	0	0	0	2501
9.5 to 9.9 percent	1543	53	53	0	1437
10.0 percent	1607	156	0	0	1451
10.1 to 10.4 percent	390	0	0	0	390
10.5 to 10.9 percent	512	255	256	0	0
11.0 percent	1033	0	0	1000	33
11.1 to 12.9 percent	889	583	47	0	259
13.0 percent	266	266	0	0	0
13.1 percent or more	11311	1444	661	804	8402
Not reported	0	0	0	0	0
Median	7.8	12.9	7.6	7.7	7.7
Type of Interest Rate Buydown Properties with interest rate buydown	266	0	0	0	266
Constant payment	0	0	0	0	0
3-2-1 buydown	0	0	0	0	0
Other	0	0	0	0	0
Not reported	266	0	0	0	266
Properties without interest rate buydown	27567	57	1575	2187	23748
Not reported	36420	3416	1527	3042	28435
Term of First Mortgage Less than 5 years	499	0	0	0	499
5 years	2329	0	0	319	2010
6 to 9 years	1727	0	0	0	1727
10 years	4129	0	383	86	3661
11 to 14 years	670	0	80	0	590
15 years	6981	0	200	0	6780
16 to 19 years	478	0	0	0	478
20 years	2569	0	0	186	2383
21 to 24 years	96	96	0	0	0
25 years	1095	0	0	105	990
26 to 29 years	178	0	0	178	0
30 years	9799	3377	45	1000	5377
More than 30 years	1300	0	1006	0	294
No stated term	32403	0	1388	3356	27660
Median	16	30	41	30	16
Unexpired Term of First Mortgage Less than 5 years	3812	266	59	319	3169
5 to 9 years	6449	112	323	86	5928
10 to 14 years	7920	330	338	186	7065
15 to 19 years	3039	374	0	0	2665
20 to 24 years	3177	865	56	178	2078
25 to 29 years	5137	1102	96	105	3834
30 or more years	2316	424	842	1000	50
No stated term or not computed	32403	0	1388	3356	27660
Median	14	24	29	34	12
Holder of First Mortgage Commercial bank or trust company	13226	559	419	1397	10851
Savings and loan association, federal savings bank	10953	465	8	1102	9378
Mutual savings bank	3240	112	0	447	2681
Life insurance company	3179	233	0	929	2018
Mortgage banker or mortgage company	3393	0	323	0	3070
Federally-sponsored secondary market agency or pool	16121	1513	278	1130	13200
Conventional mortgage pool	79	0	0	0	79
Other federal agency	1757	10	1083	0	664
Real estate investment trust	3866	0	0	0	3866
Pension or retirement fund	156	96	0	0	61
Credit union	2128	0	284	48	1796
Finance company	529	156	0	0	373
State or municipal government or housing finance agency	2390	249	657	0	1484
Individual or individual's estate	2480	81	49	177	2173
Other	754	0	0	0	754
Servicer of First Mortgage Commercial bank or trust company	14460	559	419	1397	12085
Savings and loan association, federal savings bank	13065	465	8	1102	11490
Mutual savings bank	3602	112	0	447	3043
Life insurance company	3100	233	0	929	1938
Mortgage banker or mortgage company	19876	1609	601	1130	16536
Federally-sponsored secondary market agency or pool	0	0	0	0	0
Conventional mortgage pool	0	0	0	0	0
Other federal agency	1757	10	1083	0	664
Real estate investment trust	67	0	0	0	67
Pension or retirement fund	0	0	0	0	0
Credit union	2128	0	284	48	1796
Finance company	679	156	0	0	523
State or municipal government or housing finance agency	2287	249	657	0	1381
Individual or individual's estate	2480	81	49	177	2173
Other	754	0	0	0	754
Holder's Acquisition of First Mortgage Originated directly from borrower	36606	1782	1132	2333	31360
Purchased from present servicer	14932	571	1180	1129	12052
Purchased from someone else	12714	1120	790	1767	9037
Not reported	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	42621	2397	2661	3989	33574
Less than 40 percent	2158	575	45	0	1537
40 to 49 percent	1308	112	0	0	1196
50 to 59 percent	1107	0	78	0	1029
60 to 69 percent	4723	550	348	599	3226
70 to 79 percent	6079	188	454	322	5116
80 to 89 percent	6768	127	446	714	5482
90 to 94 percent	1977	10	149	133	1686
95 to 99 percent	1922	0	145	569	1208
100 percent or more	15139	836	837	1562	11904
Not reported	1441	0	160	90	1191
Median	88	69	87	97	87
Other properties	21632	1075	442	1240	18875
Not available	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	42621	2397	2661	3989	33574
Less than 40 percent	2505	448	187	0	1870
40 to 49 percent	946	112	59	0	775
50 to 59 percent	2595	0	78	626	1891
60 to 69 percent	11818	677	1122	1871	8148
70 to 79 percent	7880	188	125	207	7361
80 to 89 percent	3477	127	398	219	2733
90 to 94 percent	1107	10	64	38	996
95 to 99 percent	1594	0	178	467	949
100 percent or more	9460	836	289	472	7863
Not reported	1239	0	160	90	989
Median	74	69	68	67	75
Other properties	21632	1075	442	1240	18875
Not available	0	0	0	0	0
First Mortgage Risk Subprime loan	3289	156	173	61	2900
Not subprime loan	60963	3317	2930	5168	49549
Not reported	0	0	0	0	0
Total Mortgage Loan as a Percent of Purchase Price Properties acquired by purchase with first mortgage made or assumed at time of purchase	42621	2397	2661	3989	33574
Less than 40 percent	1868	448	56	0	1364
40 to 49 percent	1003	112	0	0	891
50 to 59 percent	564	0	78	0	486
60 to 69 percent	4606	550	216	599	3240
70 to 79 percent	5663	188	454	105	4917
80 to 89 percent	4014	0	0	564	3450
90 to 94 percent	1862	10	79	133	1640
95 to 99 percent	4617	0	543	719	3355
100 percent or more	17040	1090	1075	1779	13095
Not reported	1385	0	160	90	1135
Median	96	75	98	99	95
Other properties	21632	1075	442	1240	18875
Not available	0	0	0	0	0
Total Mortgage Loan as Percent of Value Properties acquired by purchase with first mortgage made or assumed at time of purchase	42621	2397	2661	3989	33574
Less than 40 percent	6051	716	56	0	5279
40 to 49 percent	2858	288	401	514	1655
50 to 59 percent	5184	455	87	107	4536
60 to 69 percent	5444	94	375	286	4689
70 to 79 percent	5325	340	215	712	4059
80 to 89 percent	3911	161	91	48	3610
90 to 94 percent	2630	0	0	1037	1593
95 to 99 percent	3010	0	28	633	2348
100 percent or more	7025	344	1248	563	4871
Not reported	1183	0	160	90	933
Median	72	54	100	91	70
Other properties	21632	1075	442	1240	18875
Not available	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	6383	333	227	78	5745
20 to 29 percent	3957	201	103	173	3479
30 to 39 percent	4886	241	527	95	4022
40 to 49 percent	9243	997	191	959	7095
50 to 59 percent	8591	593	228	153	7618
60 to 69 percent	6974	59	150	894	5870
70 to 79 percent	7446	355	130	582	6380
80 to 89 percent	3936	76	38	278	3544
90 to 99 percent	7115	0	683	1926	4506
100 percent or more	4070	344	655	0	3071
Not reported or not computed	1651	275	168	90	1118
Median	58	48	73	74	57
Index Used to Adjust Interest Rate on ARM Properties with adjustable rate first mortgage	15085	927	470	913	12775
Treasury security	5512	0	0	409	5103
Average cost of funds in bank district	0	0	0	0	0
National average cost of funds	440	0	0	0	440
OTS contract mortgage rate	0	0	0	0	0
Other method	3741	0	0	86	3655
No index used	161	0	0	0	161
Not reported	5231	927	470	418	3416
Other properties	49167	2546	2632	4316	39674
Not reported	0	0	0	0	0
Frequency With Which Rate Can Be Adjusted Properties with adjustable rate first mortgage	15085	927	470	913	12775
Monthly	310	0	0	0	310
Every 3 months	0	0	0	0	0
Every 6 months	0	0	0	0	0
Yearly	1718	0	0	0	1718
Every 3 years	1292	0	0	0	1292
Every 5 years	2911	0	0	86	2826
Other	4093	0	0	409	3684
Not reported	4761	927	470	418	2945
Other properties	49167	2546	2632	4316	39674
Not reported	0	0	0	0	0
Caps on Interest Rate Per Adjustment Period Properties with adjustable rate first mortgage	15085	927	470	913	12775
Less than 1 percent	0	0	0	0	0
1 percent	0	0	0	0	0
1.1 to 1.9 percent	0	0	0	0	0
2 percent	3130	0	0	0	3130
2.1 to 2.9 percent	0	0	0	0	0
3 percent	229	0	0	0	229
3.1 to 3.9 percent	0	0	0	0	0
4.0 percent or more	311	0	0	0	311
No caps	6649	0	0	495	6154
Not reported	4767	927	470	418	2951
Other properties	49167	2546	2632	4316	39674
Not reported	0	0	0	0	0
Caps on Interest Rate Over Life of ARM Properties with adjustable rate first mortgage	15085	927	470	913	12775
Less than 1 percent	0	0	0	0	0
1 percent	0	0	0	0	0
1.1 to 1.9 percent	0	0	0	0	0
2 percent	0	0	0	0	0
2.1 to 2.9 percent	0	0	0	0	0
3 percent	0	0	0	0	0
3.1 to 3.9 percent	0	0	0	0	0
4.0 percent or more	2822	0	0	0	2822
No caps	6205	0	0	495	5710
Not reported	6058	927	470	418	4243
Other properties	49167	2546	2632	4316	39674
Not reported	0	0	0	0	0
Interest Rate Changed Since Mortgage Made Properties with adjustable rate first mortgage	15085	927	470	913	12775
Yes, rate has changed	3762	0	0	0	3762
No change since mortgage made	6644	0	0	495	6149
Not reported	4680	927	470	418	2864
Other properties	49167	2546	2632	4316	39674
Not reported	0	0	0	0	0
Change in Monthly Interest and Principal Payments Other Than Change in Interest Rate Monthly payments can change (other than change in interest ra	135	0	0	0	135
Payments can change monthly	87	0	0	0	87
Payments can change every three months	0	0	0	0	0
Payments can change every six months	0	0	0	0	0
Payments can change yearly	48	0	0	0	48
Payments can change every 3 years	0	0	0	0	0
Payments can change every 5 years	0	0	0	0	0
Other	0	0	0	0	0
Not reported	0	0	0	0	0
Monthly payments cannot change	58816	2546	2632	4811	48827
Not reported	5301	927	470	418	3486
First Mortgage Allows for Negative Amortization Monthly payments can change (other than change in interest rate)	135	0	0	0	135
Yes, unrestricted negative amortization	0	0	0	0	0
Yes, restricted negative amortization	0	0	0	0	0
No negative amortization allowed	135	0	0	0	135
Not reported	0	0	0	0	0
Monthly payments cannot change	58816	2546	2632	4811	48827
Not reported	5301	927	470	418	3486
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal	62317	3207	2934	5222	50954
Interest and principal	62241	3207	2934	5222	50878
Fully amortized	47019	2487	2059	4114	38359
Not fully amortized	15222	720	875	1107	12519
Interest only	76	0	0	0	76
No regular payments required	209	0	0	0	209
Not reported	1726	266	168	7	1286
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	62241	3207	2934	5222	50878
Real estate taxes	15169	152	45	1011	13961
Property insurance	5412	152	449	283	4529
Mortgage insurance	687	57	45	0	585
Other	3321	152	0	178	2991
No items included or not reported	46224	3055	2485	4211	36473
No regular payments of interest and principal	2011	266	168	7	1571
Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of interest and/or principal	64043	3473	3102	5229	52239
Less than $100	7924	32	643	567	6682
$100 to $199	19797	450	469	1685	17192
$200 to $299	11765	1349	502	1311	8602
$300 to $399	7120	388	749	305	5678
$400 to $499	4465	55	124	605	3681
$500 to $599	3337	300	48	177	2812
$600 to $699	1390	86	0	64	1239
$700 to $799	1149	0	0	72	1077
$800 to $899	864	32	0	0	832
$900 to $999	419	0	0	0	419
$1,000 to $1,249	138	0	0	0	138
$1,250 to $1,499	1015	0	398	0	617
$1,500 or more	2934	514	0	435	1984
Not reported	1726	266	168	7	1286
Median	229	283	271	227	219
Mean	541	1408	398	775	471
No regular payments required	209	0	0	0	209
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	64043	3473	3102	5229	52239
Up-to-date, ahead of schedule, or less than 90 days past due	29569	152	1714	2282	25420
Delinquent by 90 days or more	44	0	0	0	44
Legal proceedings have begun	0	0	0	0	0
Legal proceedings have not begun	44	0	0	0	44
Not reported	0	0	0	0	0
Not reported	34431	3321	1388	2947	26776
Other properties	209	0	0	0	209
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal	64043	3473	3102	5229	52239
Less than $100	9166	266	620	574	7706
$100 to $199	18667	482	469	1685	16030
$200 to $299	12115	1254	693	1311	8857
$300 to $399	8011	388	749	305	6569
$400 to $499	4304	55	124	605	3520
$500 to $599	3518	300	48	91	3079
$600 to $699	1397	86	0	64	1247
$700 to $799	1234	0	0	158	1077
$800 to $899	819	32	0	0	787
$900 to $999	419	0	0	0	419
$1,000 to $1,249	279	96	0	0	183
$1,250 to $1,499	781	0	0	0	781
$1,500 or more	3332	514	398	435	1984
Not reported	0	0	0	0	0
Median	235	279	267	227	227
Mean	541	1332	431	777	471
No regular payments required	209	0	0	0	209
Interest and Principal Payment on First Mortgage as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or princi	47616	2519	2391	3510	39197
Less than 20 percent	3904	302	629	86	2888
20 to 29 percent	6576	112	179	919	5365
30 to 39 percent	7152	88	265	674	6125
40 to 49 percent	9110	572	230	240	8068
50 to 59 percent	4737	789	165	580	3203
60 to 69 percent	2998	0	95	410	2493
70 to 79 percent	1342	0	101	0	1240
80 to 89 percent	2317	341	235	164	1577
90 to 99 percent	1117	0	0	95	1022
100 percent or more	8363	314	491	342	7216
Not reported or not computed	0	0	0	0	0
Median	47	52	45	43	46
Other properties	16637	954	712	1719	13251
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	47833	2519	2391	3510	39414
Less than 20 percent	3778	175	510	86	3007
20 to 29 percent	5906	112	106	919	4768
30 to 39 percent	7242	88	325	674	6156
40 to 49 percent	9183	604	230	240	8110
50 to 59 percent	4920	789	165	516	3451
60 to 69 percent	3049	0	95	474	2480
70 to 79 percent	1642	0	233	0	1409
80 to 89 percent	2327	437	235	78	1577
90 to 99 percent	1117	0	0	95	1022
100 percent or more	8669	314	491	428	7436
Not reported or not computed	0	0	0	0	0
Median	48	54	51	43	47
Other properties	16420	954	712	1719	13034
Real Estate Tax Per Housing Unit Acquired before 2000	49107	2784	2559	3517	40248
Less than $100	2866	148	153	335	2230
$100 to $199	2556	247	202	98	2008
$200 to $299	1706	32	159	0	1516
$300 to $399	3880	0	166	266	3448
$400 to $499	3806	488	118	547	2653
$500 to $599	3817	190	0	52	3576
$600 to $699	4421	352	328	217	3524
$700 to $799	4510	156	150	0	4204
$800 to $899	2222	0	164	0	2058
$900 to $999	3971	102	387	409	3073
$1,000 to $1,249	4929	631	226	548	3524
$1,250 to $1,499	1581	10	58	0	1513
$1,500 to $1,999	4375	175	244	385	3571
$2,000 to $2,499	1304	0	38	0	1266
$2,500 or more	2612	255	0	661	1697
Not reported	552	0	168	0	384
Median	727	682	747	960	723
Mean	968	1153	772	1271	940
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Real Estate Tax Per $1,000 Value Acquired before 2000	49107	2784	2559	3517	40248
Less than $5	6320	238	236	356	5491
$5 to $9	3784	632	168	84	2900
$10 to $14	9132	242	522	453	7916
$15 to $19	5312	458	320	409	4124
$20 to $24	5910	450	301	0	5159
$25 to $29	5646	390	161	61	5033
$30 to $39	12425	375	683	2153	9214
$40 to $49	0	0	0	0	0
$50 to $59	0	0	0	0	0
$60 or more	26	0	0	0	26
Not reported or not computed	552	0	168	0	384
Median	20	18	19	32	19
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	49107	2784	2559	3517	40248
Less than 5 percent	4693	270	355	640	3427
5 to 9 percent	12715	463	514	1018	10721
10 to 14 percent	9640	793	440	549	7858
15 to 19 percent	10289	199	369	451	9268
20 to 24 percent	4089	390	257	763	2678
25 to 29 percent	2562	359	455	0	1748
30 to 34 percent	1399	45	0	95	1259
35 to 39 percent	501	266	0	0	236
40 percent or more	2668	0	0	0	2668
Not reported or not computed	552	0	168	0	384
Median	14	14	14	11	14
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Property Management Property managed by paid property management company	24177	1624	2403	1381	18770
Property not managed by paid property management company	38010	1804	699	3757	31750
Not reported	2065	45	0	92	1928
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	49107	2784	2559	3517	40248
Less than $100	1899	0	78	275	1546
$100 to $199	1513	42	0	235	1236
$200 to $299	1474	0	74	0	1400
$300 to $399	3411	0	168	470	2772
$400 to $499	3341	122	249	52	2919
$500 to $599	2111	0	38	90	1983
$600 to $699	1022	175	304	0	544
$700 to $799	1393	32	196	173	992
$800 to $899	1102	0	89	0	1013
$900 to $999	399	0	209	0	191
$1,000 to $1,249	1894	96	153	0	1645
$1,250 to $1,499	529	43	185	0	302
$1,500 to $1,999	1189	255	69	0	865
$2,000 to $2,499	96	0	0	0	96
$2,500 or more	1074	0	0	456	618
No expenses	18826	1414	581	1557	15274
Not reported or not computed	7835	607	167	208	6854
Median	488	1030	698	378	472
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	49107	2784	2559	3517	40248
Less than $100	1152	45	0	0	1107
$100 to $199	4024	0	0	623	3401
$200 to $299	2969	390	404	312	1863
$300 to $399	2005	0	205	42	1757
$400 to $499	2195	256	45	78	1815
$500 to $599	2880	255	93	107	2425
$600 to $699	2201	355	204	188	1454
$700 to $799	3344	394	455	525	1970
$800 to $899	3447	0	0	0	3447
$900 to $999	1435	43	0	0	1392
$1,000 to $1,249	4040	309	470	727	2534
$1,250 to $1,499	4231	385	103	265	3479
$1,500 to $1,999	1883	42	49	61	1730
$2,000 to $2,499	2015	0	166	48	1800
$2,500 or more	3097	255	77	384	2381
No expenses	1155	0	59	0	1096
Not reported or not computed	7035	55	227	156	6597
Median	791	716	740	763	814
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	49107	2784	2559	3517	40248
Less than $250	3913	122	112	850	2829
$250 to $499	6460	290	647	953	4570
$500 to $749	7164	675	386	0	6103
$750 to $999	6747	484	536	297	5430
$1,000 to $1,249	5371	354	376	227	4414
$1,250 to $1,499	2617	0	10	52	2555
$1,500 to $1,749	2311	297	0	310	1704
$1,750 to $1,999	1057	156	0	48	854
$2,000 to $2,499	1819	350	0	0	1469
$2,500 or more	1658	0	0	624	1034
No expenses	3399	0	323	0	3076
Not reported or not computed	6590	55	168	156	6211
Median	825	893	678	468	841
Acquired 2000 and 2001 (part)	15146	689	544	1712	12201