Residential Finance Survey

Residential Finance Survey: 2001 - Midwest
Table 6-3c. 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	76303	6000	7847	6997	55459
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs	56445	5176	3506	6222	41540
In central cities	29302	3164	1276	2171	22692
Not in central cities	27142	2012	2230	4052	18848
Outside MAs	19858	824	4340	775	13919
Number of Housing Units 5 to 9 housing units	41190	2238	3214	4411	31328
10 to 19 housing units	19507	2169	1448	1380	14510
20 to 29 housing units	8635	741	1882	574	5439
30 to 39 housing units	3565	398	928	139	2101
40 to 49 housing units	3406	454	375	494	2082
Manner of Acquisition By purchase	71815	5812	7501	6374	52129
Placed one new mortgage	58761	4650	6050	5239	42823
Placed two or more new mortgages	5883	667	422	603	4190
Assumed mortgage(s) already on property	2572	495	933	251	894
Assumed mortgage(s) already on property and placed new mortgage	282	0	59	145	79
Borrowed using assets other than this property as collateral	1989	0	0	135	1854
Paid all cash-no borrowing	1387	0	37	0	1350
Other manner	939	0	0	0	939
By inheritance or gift	646	0	44	0	602
By divorce	0	0	0	0	0
By tax free exchange of other property	252	57	0	0	195
By foreclosure or assignment	0	0	0	0	0
By some other manner	821	34	78	0	709
Not reported	2769	97	224	624	1825
Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	38849	2576	2342	3469	30461
Sale of stock or other partnership shares for this project	1966	129	0	0	1837
Sale of previously owned stocks, shares, or other securities	644	0	0	365	280
Sale of land or other real estate	2826	296	0	38	2492
Owner's cash, bank deposits, share accounts, or bonds	17043	1246	1014	1644	13139
Borrowing from a retirement plan	180	0	0	0	180
Borrowing using assets other than this property as collateral	5233	0	218	494	4521
Proceeds from an insurance policy	210	0	210	0	0
From a state or local government source	177	0	107	0	70
From a non-profit organization	0	0	0	0	0
Proceeds from sale of tax credits	1059	455	128	0	475
From parents or relatives	1727	52	57	0	1618
Other cash source	1257	0	282	57	918
Non-cash source	29	0	0	0	29
No downpayment required	4169	36	395	363	3374
Not reported	5166	362	183	508	4112
Other properties	36091	3386	5504	3323	23877
Not reported	1364	37	0	205	1121
Year Property Acquired 1999 to 2001 (part)	19187	584	1668	1772	15164
1997 and 1998	13647	1413	377	1414	10442
1995 and 1996	7607	651	298	488	6171
1990 to 1994	13883	1782	1490	1048	9564
1985 to 1989	8393	653	1272	1951	4517
1980 to 1984	5624	387	1346	61	3830
1975 to 1979	4571	470	1044	199	2859
1970 to 1974	2308	60	205	65	1978
1969 or earlier	1083	0	148	0	935
Building and Land Acquisition Acquired at same time	60193	5032	5028	5642	44492
Not acquired at same time	12150	621	2312	558	8660
Land not owned by building owner	832	129	0	171	531
Not reported	3129	219	507	627	1776
Property New or Previously Owned When Acquired Acquired by purchase	71815	5812	7501	6374	52129
New	16575	1502	3937	621	10514
Previously owned	53035	4159	3360	5400	40116
As residential property	49523	3800	3291	5400	37032
Converted from nonresidential use	3512	359	68	0	3085
Other	484	0	0	0	484
Not reported	1721	151	204	352	1014
Other properties	1719	91	122	0	1506
Not reported	2769	97	224	624	1825
Year Structure Built 1999 to March 2000	2587	70	238	0	2279
1997 and 1998	3705	0	43	569	3092
1995 and 1996	1958	395	198	0	1365
1990 to 1994	6463	652	1213	609	3989
1980 to 1989	8800	1545	2430	724	4101
1970 to 1979	18476	1119	2220	2494	12643
1960 to 1969	11357	1165	402	886	8903
1950 to 1959	4250	0	457	301	3491
1940 to 1949	4081	140	461	582	2898
1939 or earlier	14627	914	184	831	12698
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	31822	1925	2045	2981	24870
Less than $20,000	6931	31	354	77	6469
$20,000 to $39,999	14539	1615	1240	1329	10355
$40,000 to $59,999	5722	73	85	948	4617
$60,000 to $79,999	1496	77	285	57	1078
$80,000 to $99,999	1081	0	0	11	1070
$100,000 to $124,999	435	0	0	0	435
$125,000 to $149,999	699	0	81	561	57
$150,000 to $174,999	0	0	0	0	0
$175,000 to $199,999	220	0	0	0	220
$200,000 to $249,999	453	129	0	0	324
$250,000 to $299,999	130	0	0	0	130
$300,000 to $499,999	115	0	0	0	115
$500,000 or more	0	0	0	0	0
Median	32353	31532	30781	41798	31523
Mean	42707	42978	36667	56886	41483
Other properties	44481	4075	5802	4016	30589
Value Less than $100,000	2898	0	502	0	2397
$100,000 to $199,999	12031	375	743	1299	9615
$200,000 to $299,999	12455	836	706	1354	9559
$300,000 to $399,999	10599	508	1229	1261	7600
$400,000 to $499,999	6889	797	809	391	4893
$500,000 to $749,999	8965	1141	1285	845	5695
$750,000 to $999,999	7470	525	550	744	5652
$1,000,000 to $1,499,999	7644	363	1327	581	5373
$1,500,000 to $1,999,999	1873	322	190	326	1034
$2,000,000 to $2,999,999	2143	468	43	186	1446
$3,000,000 to $3,999,999	1754	297	360	11	1087
$4,000,000 to $4,999,999	108	0	0	0	108
$5,000,000 or more	1474	368	103	0	1002
Median	402446	606122	491988	367074	381035
Mean	733538	1201235	821503	558823	692536
Value Per Housing Unit@8 Less than $20,000	8681	344	1720	400	6217
$20,000 to $39,999	34414	1758	3022	3670	25963
$40,000 to $59,999	13667	1547	1323	1147	9650
$60,000 to $79,999	7237	1169	964	685	4418
$80,000 to $99,999	1762	120	0	150	1493
$100,000 to $124,999	2273	0	8	11	2255
$125,000 to $149,999	2530	182	62	582	1704
$150,000 to $174,999	1372	0	0	0	1372
$175,000 to $199,999	1100	0	118	0	982
$200,000 to $249,999	1519	446	392	352	329
$250,000 to $299,999	827	269	179	0	380
$300,000 to $499,999	58	0	58	0	0
$500,000 or more	862	165	0	0	697
Median	37127	51612	34581	36884	36572
Mean	61278	90136	54216	54739	59980
Purchase Price as Percent of Value@8 Acquired by purchase	71815	5812	7501	6374	52129
Purchased 1997 to 2001 (part)	31822	1925	2045	2981	24870
Less than 60 percent	4233	558	608	384	2683
60 to 69 percent	1846	0	0	0	1846
70 to 79 percent	3879	0	432	281	3166
80 to 99 percent	13655	706	480	1480	10988
100 percent or more	8209	661	525	835	6187
Median	89	91	80	91	89
Purchased 1990 to 1996 (part)	19574	2376	1625	1182	14391
Less than 40 percent	2252	42	134	119	1955
40 to 59 percent	1731	436	0	93	1202
60 to 79 percent	5596	360	333	310	4593
80 to 99 percent	5640	1073	284	252	4030
100 percent or more	4288	464	806	408	2610
Median	81	87	435	85	78
Purchased 1989 or earlier	20419	1511	3831	2210	12867
Less than 20 percent	1679	0	161	0	1519
20 to 39 percent	2921	75	85	862	1899
40 to 59 percent	4422	336	322	1075	2690
60 to 79 percent	4234	478	773	221	2762
80 to 99 percent	2040	0	923	0	1117
100 percent or more	5044	573	1566	52	2852
Median	65	73	92	45	62
Not acquired by purchase	4488	188	346	624	3330
Value of Capital Improvements Properties with capital improvements between 1998 and 2000	41021	4597	5836	2567	28021
Less than $5,000	8491	460	588	412	7031
$5,000 to $9,999	8671	948	1533	341	5848
$10,000 to $24,999	11846	2141	1125	1070	7510
$25,000 to $49,999	6003	351	633	418	4602
$50,000 to $74,999	1747	129	298	0	1319
$75,000 to $99,999	836	0	475	90	271
$100,000 to $149,999	1444	185	508	0	750
$150,000 to $199,999	381	71	0	0	310
$200,000 to $299,999	755	0	453	0	302
$300,000 or more	848	312	222	238	76
Median	14241	16239	20611	17455	12258
Mean	334617	2708398	74223	40510	26352
Properties with no capital improvements between 1998 and 2000	20514	643	881	2782	16208
Capital improvements not reported	14768	760	1130	1648	11230
Value of Capital Improvements Per Unit Properties with capital improvements between 1998 and 2000	41021	4597	5836	2567	28021
Less than $500	9113	731	1142	596	6644
$500 to $999	7935	876	1142	430	5487
$1,000 to $2,499	15009	2293	1460	839	10416
$2,500 to $4,999	4269	71	463	90	3644
$5,000 to $7,499	1106	129	137	374	465
$7,500 to $9,999	1021	185	210	45	580
$10,000 to $14,999	300	43	75	0	182
$15,000 to $19,999	743	0	743	0	0
$20,000 to $29,999	850	0	284	0	566
$30,000 or more	677	269	179	193	36
Median	1346	1453	1651	1460	1271
Mean	40509	337301	6475	4950	2163
Properties with no capital improvements between 1998 and 2000	20514	643	881	2782	16208
Capital improvements not reported	14768	760	1130	1648	11230
Monthly Rental Receipts Per Housing Unit Acquired before 2000	63378	5644	7163	5906	44665
Less than $100	4247	121	653	759	2715
$100 to $199	6811	521	692	1495	4103
$200 to $299	9076	347	1482	568	6679
$300 to $399	13498	931	1404	2076	9087
$400 to $499	9994	880	880	108	8127
$500 to $599	6194	670	321	123	5080
$600 to $799	4592	568	257	466	3300
$800 to $999	3820	438	722	236	2423
$1000 or more	4968	1168	751	76	2973
No rental receipts	178	0	0	0	178
Median	385	503	354	306	396
Mean	655	952	1252	346	563
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Rental Receipts as Percent of Value@8 Acquired before 2000	63378	5644	7163	5906	44665
Less than 5 percent	1726	71	39	91	1526
5 to 9 percent	20896	1652	1927	2912	14406
10 to 14 percent	18511	1563	2657	1502	12790
15 to 19 percent	13272	1557	1250	1026	9438
20 to 24 percent	4295	525	220	271	3279
25 to 29 percent	1463	0	365	30	1068
30 to 39 percent	1209	0	199	11	1000
40 percent or more	1710	277	507	65	861
Median	12	14	13	10	12
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	63378	5644	7163	5906	44665
Less than 1.0 percent	9235	949	1267	624	6394
1.0 to 2.9 percent	7458	956	1161	1099	4242
3.0 to 4.9 percent	6078	391	796	208	4683
5.0 to 6.9 percent	6523	861	773	824	4065
7.0 to 8.9 percent	3872	82	640	57	3093
9.0 to 10.9 percent	2238	381	404	0	1453
11.0 to 12.9 percent	1991	505	119	147	1221
13.0 to 14.9 percent	1344	0	100	425	818
15.0 percent or more	8485	987	572	357	6569
Not reported or not computed	16154	531	1331	2166	12126
Median	5.3	5.6	4.2	4.4	5.5
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Age Restrictions Property restricted to people age 55 or older	23323	2260	3158	1276	16628
Property not restricted to people age 55 or older	49737	3470	4401	5367	36499
Not reported	3243	269	288	354	2332
Age Composition Over one-half the residents of the building age 55 or older	5115	106	409	914	3685
Over one-half the residents of the building not age 55 or older	42982	2826	3775	4347	32034
Not reported	28206	3068	3662	1736	19740
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service	12909	1090	1620	537	9661
Charge included in rent	10009	698	1127	349	7835
Charge not included in rent	79	0	0	0	79
Not reported	2821	392	493	188	1748
Property does not provide meal service	8260	907	1726	1428	4199
Not reported	55134	4003	4500	5031	41599
Type of Property Benefits@1 Government-sponsored below-market interest rate mortgage loan	4521	37	2719	0	1765
Government rental subsidy	8967	1321	2333	1166	4147
Government grant	299	77	0	57	165
Property tax relief	1722	272	200	0	1250
Federal income tax credit for low-income, old or historic properties	1752	119	874	65	693
Accelerated federal income tax depreciation for low- and moderate-income properties	66	0	0	0	66
Subsidy from a non-profit corporation	112	34	78	0	0
None of the above benefits	57126	4188	3337	5114	44487
Not reported	5689	269	393	718	4309
Source of Property Benefits@1 With property benefits	13488	1543	4117	1166	6663
Federal government	9344	799	3632	849	4063
State government	2095	174	420	619	882
Local government	2698	753	165	0	1781
Non-profit corporation	112	34	78	0	0
Not reported	179	0	0	0	179
With no property benefits	57126	4188	3337	5114	44487
Not reported	5689	269	393	718	4309
Reason for Benefits@1 With property benefits	13488	1543	4117	1166	6663
Occupied by low- or moderate-income individuals	11198	1543	4001	849	4804
Occupied by elderly or disabled individuals	4633	341	2246	403	1643
A historic structure	314	43	0	0	271
Located in a community development or economic development area	1128	0	0	0	1128
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	40	0	0	0	40
Not reported	1006	0	0	0	1006
With no property benefits	57126	4188	3337	5114	44487
Not reported	5689	269	393	718	4309
Section 8 Rental Housing Certificates and Vouchers Property did or does have tenants receiving Section 8 assistance	19682	2200	2693	2228	12560
Property has never had tenants receiving Section 8 assistance	48649	3091	4852	3402	37305
Not reported	7972	709	302	1367	5594
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	40886	2726	2200	3689	32270
Limited partnership	13934	1995	3213	1555	7171
Joint venture	1725	84	0	0	1642
General partnership	3976	269	651	327	2729
Life insurance company	0	0	0	0	0
Depository institution	165	165	0	0	0
Public real estate investment trust	127	0	0	0	127
Private real estate investment trust	120	0	0	0	120
Corporation - other than real estate investment trust	9187	494	1090	436	7167
Housing cooperative organization	34	0	0	0	34
Non-profit or church-related institution	2659	34	610	517	1498
Pension fund	0	0	0	0	0
Fraternal organization	0	0	0	0	0
Other	3488	233	82	473	2701
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	67205	4941	6245	6354	49665
2 mortgages	8261	1016	1251	643	5351
3 or more mortgages	837	43	351	0	443
Form of Debt of First Mortgage Mortgage or deed of trust	76303	6000	7847	6997	55459
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	0	0	0	0	0
By telephone or FAX	7684	356	316	812	6200
By regular mail	4955	595	1609	57	2694
By personal visit	49322	3121	3883	5156	37163
Through third party (such as real estate agent or builder)	4984	826	666	148	3345
Some other way	1895	152	164	199	1380
Not reported	6560	890	801	416	4453
Not available	902	60	408	210	225
Origin of First Mortgage Mortgage made at time property acquired	57274	4556	5911	4835	41972
Mortgage assumed at the time property acquired	2744	554	1050	262	877
Mortgage placed later than acquisition of property	16286	889	885	1900	12610
Refinanced mortgage	14947	889	885	1702	11470
Same lender	4498	140	262	0	4097
Different lender	10449	750	623	1702	7374
Mortgage placed on property owned free and clear of debt	1339	0	0	199	1140
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	16286	889	885	1900	12610
Obtain lower interest rate	7681	813	442	1175	5251
Increase payment period for mortgage	84	26	0	0	58
Reduce payment period for mortgage	834	0	0	0	834
Renew or extend loan that had fallen due, without increasing outstanding balance	1395	0	0	0	1395
Receive cash or increase outstanding balance of loan	3026	0	407	40	2579
Other reason	1929	50	37	686	1157
Not reported	1337	0	0	0	1337
Other properties	60017	5111	6961	5097	42849
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	4772	50	407	527	3790
Less than $100,000	2381	50	0	61	2271
$100,000 to $199,999	728	0	228	40	460
$200,000 to $299,999	253	0	0	0	253
$300,000 to $399,999	276	0	0	0	276
$400,000 to $499,999	886	0	0	426	460
$500,000 to $749,999	0	0	0	0	0
$750,000 to $999,999	0	0	0	0	0
$1,000,000 to $1,499,999	71	0	0	0	71
$1,500,000 to $1,999,999	0	0	0	0	0
$2,000,000 to $2,999,999	0	0	0	0	0
$3,000,000 to $3,999,999	0	0	0	0	0
$4,000,000 to $4,999,999	0	0	0	0	0
$5,000,000 or more	179	0	179	0	0
Not reported	0	0	0	0	0
Median	100702	50000	189229	438218	83446
Mean	357069	50000	2296283	385427	149109
Properties that refinanced and did not receive cash back	9200	840	479	917	6964
Properties that refinanced and did not report if received cash back	2313	0	0	457	1857
Properties that did not refinance	60017	5111	6961	5097	42849
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	4772	50	407	527	3790
For additions, improvements or repairs to this property	2447	50	407	100	1891
To consolidate debts	1487	0	407	0	1081
For investment in other real estate	1368	0	228	61	1079
For other types of investments	232	0	0	0	232
For educational or medical expenses	396	0	228	0	168
To start a business	0	0	0	0	0
To settle a divorce	0	0	0	0	0
To pay taxes	34	0	0	0	34
To purchase an automobile, truck, or other vehicle	0	0	0	0	0
To purchase consumer product other than automobile, truck, or other vehicle	0	0	0	0	0
Other	647	0	0	426	221
Not reported	189	0	0	0	189
Properties that refinanced and did not receive cash back	9200	840	479	917	6964
Properties that refinanced and did not report if received cash back	2313	0	0	457	1857
Properties that did not refinance	60017	5111	6961	5097	42849
Not available	0	0	0	0	0
Purpose of Second Mortgage Properties with second mortgage	7305	676	1275	643	4711
Provide funds for the purchase of this property	2919	195	335	302	2086
Provide funds for additions, improvements or repairs to this property	2345	43	371	341	1590
Provide funds for consolidation of debts	0	0	0	0	0
Provide funds for investment in other real estate	61	0	0	0	61
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	44	0	0	0	44
Provide funds to purchase another type of consumer product	0	0	0	0	0
Other reasons	852	122	359	0	372
Not reported	1084	316	210	0	558
Other properties	68998	5324	6571	6354	50748
Purpose of Line of Credit Properties with second mortgage or line of credit	1993	426	326	0	1241
Provide funds for additions, improvements or repairs to this property	506	198	0	0	307
Provide funds for consolidation of debts	0	0	0	0	0
Provide funds for investment in other real estate	200	192	0	0	8
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	532	0	282	0	249
Not reported	756	36	44	0	677
Other properties	74310	5574	7520	6997	54218
Year First Mortgage Made or Assumed 1999 to 2001 (part)	31669	745	2067	2399	26459
1997 and 1998	14474	1804	662	1768	10240
1995 and 1996	6783	836	599	312	5036
1990 to 1994	11803	1563	1854	1571	6815
1985 to 1989	4043	421	577	882	2164
1980 to 1984	2678	205	1003	0	1470
1979 or earlier	4853	427	1085	65	3276
Traditional First Mortgage Loan Less than $50,000	2794	0	61	0	2733
$50,000 to $99,999	9065	205	385	1290	7186
$100,000 to $149,999	9752	341	1227	879	7305
$150,000 to $199,999	9923	503	676	1061	7683
$200,000 to $249,999	5076	464	695	699	3218
$250,000 to $299,999	5401	1079	401	829	3093
$300,000 to $399,999	5594	0	171	473	4950
$400,000 to $499,999	6610	513	1054	334	4710
$500,000 to $749,999	8195	739	1479	341	5636
$750,000 to $999,999	4171	461	430	870	2410
$1,000,000 to $1,499,999	3740	466	581	82	2611
$1,500,000 to $1,999,999	1497	165	55	129	1148
$2,000,000 or more	1676	533	216	11	916
Not reported	2808	532	415	0	1862
Median	243972	411779	406816	214561	220483
Mean	426598	728258	504694	339589	396352
Total Mortgage Loan Less than $50,000	2794	0	61	0	2733
$50,000 to $99,999	7171	205	175	1290	5501
$100,000 to $149,999	10424	341	986	879	8218
$150,000 to $199,999	9480	503	887	759	7331
$200,000 to $249,999	5146	464	218	701	3764
$250,000 to $299,999	4852	763	401	829	2859
$300,000 to $399,999	5883	0	125	473	5285
$400,000 to $499,999	7308	634	1248	634	4792
$500,000 to $749,999	8218	739	1476	341	5663
$750,000 to $999,999	4552	656	536	870	2491
$1,000,000 to $1,499,999	3947	466	639	82	2760
$1,500,000 to $1,999,999	1619	165	98	129	1226
$2,000,000 or more	2101	533	583	11	974
Not reported	2808	532	415	0	1862
Median	259514	459416	465256	236104	231912
Mean	477856	754834	890731	352429	408724
Traditional First Mortgage Outstanding Debt Less than $50,000	7054	375	389	199	6091
$50,000 to $99,999	10665	231	673	1376	8385
$100,000 to $149,999	10403	539	1410	897	7556
$150,000 to $199,999	7217	652	506	1244	4815
$200,000 to $249,999	6361	979	612	947	3822
$250,000 to $299,999	3924	0	170	193	3561
$300,000 to $399,999	6506	560	462	588	4896
$400,000 to $499,999	6771	419	1182	226	4944
$500,000 to $749,999	5868	514	945	500	3908
$750,000 to $999,999	2976	149	454	606	1768
$1,000,000 to $1,499,999	3340	353	411	154	2422
$1,500,000 to $1,999,999	1303	280	0	57	967
$2,000,000 or more	1109	418	216	11	464
Not reported	2808	532	415	0	1862
Median	205957	240734	286588	190126	194483
Mean	366972	614846	431524	300496	341412
Total Mortgage Outstanding Debt Less than $50,000	6461	375	321	199	5566
$50,000 to $99,999	9877	231	463	1376	7808
$100,000 to $149,999	10443	496	1380	897	7670
$150,000 to $199,999	6597	336	216	641	5405
$200,000 to $249,999	6774	1295	495	1249	3735
$250,000 to $299,999	3928	0	170	193	3565
$300,000 to $399,999	6612	365	416	889	4943
$400,000 to $499,999	7340	657	1376	226	5081
$500,000 to $749,999	5794	514	942	500	3838
$750,000 to $999,999	3334	149	618	606	1961
$1,000,000 to $1,499,999	3536	353	454	154	2575
$1,500,000 to $1,999,999	1364	280	0	57	1028
$2,000,000 or more	1520	418	583	11	509
Not reported	2722	532	415	0	1775
Median	220153	244657	418626	214313	198880
Mean	399418	569108	727605	309627	345955
Current Interest Rate on First Mortgage Less than 6.0 percent	27093	1594	2209	3724	19565
6.0 percent	47	0	0	0	47
6.1 to 6.4 percent	653	195	193	86	179
6.5 to 6.9 percent	2370	155	363	255	1597
7.0 percent	5342	0	0	1408	3934
7.1 to 7.4 percent	5078	112	1198	0	3768
7.5 to 7.9 percent	7022	376	402	0	6244
8.0 percent	3690	0	182	0	3508
8.1 to 8.4 percent	2709	252	249	0	2209
8.5 to 8.9 percent	5594	84	626	0	4884
9.0 percent	2313	158	458	0	1698
9.1 to 9.4 percent	692	220	113	0	360
9.5 to 9.9 percent	906	115	245	0	546
10.0 percent	536	240	135	40	121
10.1 to 10.4 percent	859	781	0	0	78
10.5 to 10.9 percent	751	175	334	0	242
11.0 percent	200	71	81	0	49
11.1 to 12.9 percent	645	342	303	0	0
13.0 percent	230	0	0	0	230
13.1 percent or more	9571	1132	755	1485	6200
Not reported	0	0	0	0	0
Median	7.3	9.2	7.5	5.6	7.4
Type of Interest Rate Buydown Properties with interest rate buydown	47	0	0	0	47
Constant payment	0	0	0	0	0
3-2-1 buydown	0	0	0	0	0
Other	0	0	0	0	0
Not reported	47	0	0	0	47
Properties without interest rate buydown	35596	680	5097	1394	28425
Not reported	40660	5320	2749	5603	26987
Term of First Mortgage Less than 5 years	3221	0	0	11	3211
5 years	2670	0	0	32	2638
6 to 9 years	1687	0	0	0	1687
10 years	3830	32	0	86	3713
11 to 14 years	682	0	0	0	682
15 years	3668	155	57	40	3416
16 to 19 years	1162	0	59	0	1103
20 years	4792	0	249	0	4543
21 to 24 years	515	0	118	0	397
25 years	1920	0	0	0	1920
26 to 29 years	717	182	0	0	535
30 years	11253	5631	237	1226	4159
More than 30 years	4464	0	4377	0	87
No stated term	35722	0	2749	5603	27369
Median	21	30	59	30	16
Unexpired Term of First Mortgage Less than 5 years	6159	215	0	42	5902
5 to 9 years	7162	473	59	125	6505
10 to 14 years	5046	131	137	0	4778
15 to 19 years	5923	508	509	0	4906
20 to 24 years	6647	1731	391	1226	3300
25 to 29 years	5287	2679	610	0	1998
30 or more years	4356	264	3392	0	701
No stated term or not computed	35722	0	2749	5603	27369
Median	17	25	47	22	12
Holder of First Mortgage Commercial bank or trust company	23758	1795	681	1367	19916
Savings and loan association, federal savings bank	9282	599	156	1203	7323
Mutual savings bank	1801	0	211	208	1382
Life insurance company	1587	220	0	40	1327
Mortgage banker or mortgage company	1756	0	0	618	1138
Federally-sponsored secondary market agency or pool	21734	2765	1236	2959	14774
Conventional mortgage pool	491	0	0	0	491
Other federal agency	5183	0	4450	47	687
Real estate investment trust	0	0	0	0	0
Pension or retirement fund	28	0	0	0	28
Credit union	2860	269	37	0	2553
Finance company	417	0	0	93	324
State or municipal government or housing finance agency	2609	192	1076	339	1002
Individual or individual's estate	2645	0	0	0	2645
Other	2153	160	0	124	1870
Servicer of First Mortgage Commercial bank or trust company	24016	1768	681	1367	20200
Savings and loan association, federal savings bank	9760	599	156	1203	7802
Mutual savings bank	1801	0	211	208	1382
Life insurance company	909	220	0	40	649
Mortgage banker or mortgage company	23740	2834	1244	3576	16086
Federally-sponsored secondary market agency or pool	0	0	0	0	0
Conventional mortgage pool	450	0	0	0	450
Other federal agency	5183	0	4450	47	687
Real estate investment trust	0	0	0	0	0
Pension or retirement fund	0	0	0	0	0
Credit union	2860	269	37	0	2553
Finance company	417	0	0	93	324
State or municipal government or housing finance agency	2601	192	1068	339	1002
Individual or individual's estate	2645	0	0	0	2645
Other	1921	117	0	124	1680
Holder's Acquisition of First Mortgage Originated directly from borrower	48677	3000	1790	3088	40800
Purchased from present servicer	17052	989	5576	2673	7814
Purchased from someone else	10574	2011	480	1237	6845
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	56391	4979	6615	4473	40323
Less than 40 percent	2498	353	742	77	1325
40 to 49 percent	688	0	91	158	439
50 to 59 percent	2408	598	482	86	1242
60 to 69 percent	6700	486	419	711	5085
70 to 79 percent	5288	64	387	776	4062
80 to 89 percent	10503	692	194	503	9115
90 to 94 percent	2090	455	226	215	1195
95 to 99 percent	4033	0	950	83	3001
100 percent or more	19358	1788	2642	1865	13064
Not reported	2823	543	483	0	1797
Median	89	90	98	89	88
Other properties	19912	1021	1231	2524	15136
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	56391	4979	6615	4473	40323
Less than 40 percent	2405	122	917	163	1204
40 to 49 percent	1121	0	0	158	963
50 to 59 percent	1699	161	106	0	1432
60 to 69 percent	15155	1464	2358	1175	10159
70 to 79 percent	6967	333	118	776	5740
80 to 89 percent	10651	692	0	472	9488
90 to 94 percent	1628	0	676	215	737
95 to 99 percent	3393	0	1127	83	2184
100 percent or more	10695	1714	898	1433	6651
Not reported	2676	495	415	0	1767
Median	79	82	69	80	80
Other properties	19912	1021	1231	2524	15136
Not available	0	0	0	0	0
First Mortgage Risk Subprime loan	2539	295	505	483	1257
Not subprime loan	73764	5705	7342	6514	54202
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	56391	4979	6615	4473	40323
Less than 40 percent	1763	232	425	77	1029
40 to 49 percent	765	122	91	158	394
50 to 59 percent	2840	598	833	86	1323
60 to 69 percent	5018	290	209	408	4110
70 to 79 percent	5380	64	395	776	4145
80 to 89 percent	10070	692	378	503	8497
90 to 94 percent	3000	455	183	517	1844
95 to 99 percent	4734	0	1136	83	3515
100 percent or more	19998	1984	2481	1865	13668
Not reported	2823	543	483	0	1797
Median	92	92	97	92	90
Other properties	19912	1021	1231	2524	15136
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	56391	4979	6615	4473	40323
Less than 40 percent	6757	528	839	918	4472
40 to 49 percent	3923	71	367	241	3244
50 to 59 percent	6256	1041	985	545	3684
60 to 69 percent	10318	748	218	906	8446
70 to 79 percent	7099	806	416	336	5540
80 to 89 percent	8077	120	1162	1053	5743
90 to 94 percent	4442	771	149	302	3219
95 to 99 percent	1225	36	577	0	612
100 percent or more	5616	364	1487	172	3594
Not reported	2676	495	415	0	1767
Median	70	68	82	66	69
Other properties	19912	1021	1231	2524	15136
Not available	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	6018	60	271	246	5441
20 to 29 percent	4559	546	427	519	3067
30 to 39 percent	7665	547	1010	1251	4858
40 to 49 percent	10083	1290	554	158	8080
50 to 59 percent	8636	1022	923	1668	5022
60 to 69 percent	12210	627	546	1354	9684
70 to 79 percent	6438	645	194	553	5046
80 to 89 percent	7669	455	1288	753	5173
90 to 99 percent	4457	276	851	339	2991
100 percent or more	5846	0	1368	156	4322
Not reported or not computed	2722	532	415	0	1775
Median	60	53	70	58	60
Index Used to Adjust Interest Rate on ARM Properties with adjustable rate first mortgage	20108	809	534	1390	17376
Treasury security	6102	0	0	340	5762
Average cost of funds in bank district	1225	0	0	0	1225
National average cost of funds	475	0	0	0	475
OTS contract mortgage rate	0	0	0	0	0
Other method	2990	0	0	11	2980
No index used	365	0	0	0	365
Not reported	8951	809	534	1039	6570
Other properties	56195	5191	7313	5608	38083
Not reported	0	0	0	0	0
Frequency With Which Rate Can Be Adjusted Properties with adjustable rate first mortgage	20108	809	534	1390	17376
Monthly	1499	0	0	0	1499
Every 3 months	0	0	0	0	0
Every 6 months	548	0	0	0	548
Yearly	4829	0	0	340	4488
Every 3 years	2172	0	0	0	2172
Every 5 years	1552	0	0	0	1552
Other	1904	0	0	11	1894
Not reported	7604	809	534	1039	5222
Other properties	56195	5191	7313	5608	38083
Not reported	0	0	0	0	0
Caps on Interest Rate Per Adjustment Period Properties with adjustable rate first mortgage	20108	809	534	1390	17376
Less than 1 percent	0	0	0	0	0
1 percent	0	0	0	0	0
1.1 to 1.9 percent	46	0	0	0	46
2 percent	3401	0	0	0	3401
2.1 to 2.9 percent	163	0	0	0	163
3 percent	1142	0	0	0	1142
3.1 to 3.9 percent	0	0	0	0	0
4.0 percent or more	647	0	0	255	393
No caps	5418	0	0	96	5321
Not reported	9291	809	534	1039	6910
Other properties	56195	5191	7313	5608	38083
Not reported	0	0	0	0	0
Caps on Interest Rate Over Life of ARM Properties with adjustable rate first mortgage	20108	809	534	1390	17376
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	204	0	0	0	204
4.0 percent or more	5245	0	0	255	4990
No caps	5543	0	0	96	5446
Not reported	9117	809	534	1039	6735
Other properties	56195	5191	7313	5608	38083
Not reported	0	0	0	0	0
Interest Rate Changed Since Mortgage Made Properties with adjustable rate first mortgage	20108	809	534	1390	17376
Yes, rate has changed	6182	0	0	351	5831
No change since mortgage made	5889	0	0	0	5889
Not reported	8038	809	534	1039	5656
Other properties	56195	5191	7313	5608	38083
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	149	0	0	0	149
Payments can change monthly	0	0	0	0	0
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	0	0	0	0	0
Payments can change every 3 years	0	0	0	0	0
Payments can change every 5 years	0	0	0	0	0
Other	149	0	0	0	149
Not reported	0	0	0	0	0
Monthly payments cannot change	68160	5191	7313	5959	49698
Not reported	7993	809	534	1039	5612
First Mortgage Allows for Negative Amortization Monthly payments can change (other than change in interest rate)	149	0	0	0	149
Yes, unrestricted negative amortization	0	0	0	0	0
Yes, restricted negative amortization	0	0	0	0	0
No negative amortization allowed	149	0	0	0	149
Not reported	0	0	0	0	0
Monthly payments cannot change	68160	5191	7313	5959	49698
Not reported	7993	809	534	1039	5612
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal	71417	5214	7432	6888	51882
Interest and principal	70981	5214	7432	6888	51447
Fully amortized	53561	5155	3035	6171	39201
Not fully amortized	17420	60	4396	717	12246
Interest only	435	0	0	0	435
No regular payments required	1242	0	0	0	1242
Not reported	3645	786	415	109	2335
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	70981	5214	7432	6888	51447
Real estate taxes	10906	894	523	1266	8224
Property insurance	6072	894	282	1226	3670
Mortgage insurance	1117	738	0	354	25
Other	2530	707	582	354	887
No items included or not reported	60016	4321	6850	5622	43223
No regular payments of interest and principal	5322	786	415	109	4012
Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of interest and/or principal	75061	6000	7847	6997	54218
Less than $100	13263	314	3070	1125	8754
$100 to $199	23100	1490	1663	1858	18089
$200 to $299	12340	1673	1048	1377	8242
$300 to $399	6637	397	256	411	5573
$400 to $499	3184	36	726	691	1731
$500 to $599	3360	115	0	208	3037
$600 to $699	2034	120	0	0	1914
$700 to $799	1306	0	392	374	540
$800 to $899	556	0	0	352	203
$900 to $999	234	72	0	0	162
$1,000 to $1,249	1192	182	37	426	547
$1,250 to $1,499	1437	129	0	0	1307
$1,500 or more	2775	688	239	65	1783
Not reported	3645	786	415	109	2335
Median	197	248	139	233	195
Mean	585	2419	326	353	468
No regular payments required	1242	0	0	0	1242
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	75061	6000	7847	6997	54218
Up-to-date, ahead of schedule, or less than 90 days past due	35549	894	5097	1394	28164
Delinquent by 90 days or more	0	0	0	0	0
Legal proceedings have begun	0	0	0	0	0
Legal proceedings have not begun	0	0	0	0	0
Not reported	0	0	0	0	0
Not reported	39513	5106	2749	5603	26054
Other properties	1242	0	0	0	1242
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal	75061	6000	7847	6997	54218
Less than $100	16285	1100	3430	1234	10520
$100 to $199	21555	1490	1417	1858	16791
$200 to $299	13117	1673	1349	1074	9021
$300 to $399	7785	397	256	713	6420
$400 to $499	3067	36	367	691	1973
$500 to $599	3301	115	0	208	2978
$600 to $699	1859	120	0	0	1739
$700 to $799	1540	0	392	374	773
$800 to $899	556	0	0	352	203
$900 to $999	234	72	0	0	162
$1,000 to $1,249	1192	182	37	426	547
$1,250 to $1,499	1437	129	0	0	1307
$1,500 or more	3134	688	598	65	1783
Not reported	0	0	0	0	0
Median	199	225	135	238	199
Mean	604	2108	715	351	455
No regular payments required	1242	0	0	0	1242
Interest and Principal Payment on First Mortgage as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or princi	59455	4858	6748	5797	42051
Less than 20 percent	5082	385	1151	209	3337
20 to 29 percent	5397	189	1164	145	3898
30 to 39 percent	6214	1053	659	496	4006
40 to 49 percent	9492	1436	625	608	6823
50 to 59 percent	7918	413	1427	718	5360
60 to 69 percent	4635	276	493	576	3291
70 to 79 percent	3947	357	321	618	2651
80 to 89 percent	2221	0	240	0	1981
90 to 99 percent	1178	0	144	107	927
100 percent or more	13073	748	524	2320	9481
Not reported or not computed	296	0	0	0	296
Median	54	46	46	72	55
Other properties	16848	1142	1099	1200	13408
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	59455	4858	6748	5797	42051
Less than 20 percent	4594	385	1143	209	2857
20 to 29 percent	4705	189	1164	106	3245
30 to 39 percent	5833	931	621	536	3745
40 to 49 percent	10319	1557	625	608	7529
50 to 59 percent	7688	413	1068	718	5489
60 to 69 percent	4923	276	493	576	3579
70 to 79 percent	3919	357	321	618	2623
80 to 89 percent	2267	0	286	0	1981
90 to 99 percent	936	0	85	107	744
100 percent or more	13974	748	943	2320	9963
Not reported or not computed	296	0	0	0	296
Median	55	46	47	72	56
Other properties	16848	1142	1099	1200	13408
Real Estate Tax Per Housing Unit Acquired before 2000	63378	5644	7163	5906	44665
Less than $100	5682	199	638	537	4308
$100 to $199	3886	50	137	906	2793
$200 to $299	7980	579	1065	1456	4881
$300 to $399	7012	298	1118	783	4813
$400 to $499	6571	523	675	348	5025
$500 to $599	4742	60	618	268	3796
$600 to $699	3754	647	500	55	2551
$700 to $799	3726	402	302	145	2878
$800 to $899	3899	258	347	257	3037
$900 to $999	2270	403	122	151	1594
$1,000 to $1,249	4614	340	211	80	3984
$1,250 to $1,499	2401	262	0	80	2060
$1,500 to $1,999	2763	938	444	457	925
$2,000 to $2,499	601	115	0	11	476
$2,500 or more	2486	523	571	374	1018
Not reported	990	50	415	0	525
Median	501	816	462	307	507
Mean	775	1360	889	605	707
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Real Estate Tax Per $1,000 Value Acquired before 2000	63378	5644	7163	5906	44665
Less than $5	11677	199	687	1676	9115
$5 to $9	8392	709	891	432	6359
$10 to $14	11717	601	1694	1834	7588
$15 to $19	8773	1306	943	473	6050
$20 to $24	11662	1557	1018	863	8224
$25 to $29	3531	441	18	168	2904
$30 to $39	6635	780	1497	459	3899
$40 to $49	0	0	0	0	0
$50 to $59	0	0	0	0	0
$60 or more	0	0	0	0	0
Not reported or not computed	990	50	415	0	525
Median	15	20	16	12	14
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	63378	5644	7163	5906	44665
Less than 5 percent	8087	445	684	837	6121
5 to 9 percent	17623	1345	2116	2514	11648
10 to 14 percent	14553	1407	1775	414	10956
15 to 19 percent	11488	1108	1409	1349	7622
20 to 24 percent	3782	633	449	255	2445
25 to 29 percent	1889	0	59	0	1829
30 to 34 percent	1592	0	51	80	1461
35 to 39 percent	248	0	122	93	33
40 percent or more	2830	656	82	365	1728
Not reported or not computed	1287	50	415	0	822
Median	12	14	12	9	12
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Property Management Property managed by paid property management company	29903	3479	5232	2273	18919
Property not managed by paid property management company	40101	1997	2326	3498	32279
Not reported	6299	524	288	1226	4261
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	63378	5644	7163	5906	44665
Less than $100	1313	118	78	0	1117
$100 to $199	2251	151	91	34	1975
$200 to $299	4564	423	219	545	3376
$300 to $399	4455	632	853	178	2792
$400 to $499	2085	186	164	52	1683
$500 to $599	1962	323	773	155	710
$600 to $699	1590	43	758	0	789
$700 to $799	1241	58	683	135	365
$800 to $899	523	120	48	0	356
$900 to $999	649	152	182	0	314
$1,000 to $1,249	814	316	261	57	180
$1,250 to $1,499	841	416	18	0	408
$1,500 to $1,999	967	455	0	0	511
$2,000 to $2,499	332	0	0	0	332
$2,500 or more	1915	696	571	76	572
No expenses	26369	1247	1329	2983	20810
Not reported or not computed	11507	307	1134	1691	8375
Median	408	893	623	321	346
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	63378	5644	7163	5906	44665
Less than $100	1698	71	0	0	1626
$100 to $199	4656	316	155	117	4068
$200 to $299	4955	484	146	257	4068
$300 to $399	5206	216	768	413	3809
$400 to $499	3583	487	882	617	1597
$500 to $599	3623	428	446	255	2493
$600 to $699	2233	32	192	57	1952
$700 to $799	2001	62	527	86	1326
$800 to $899	2770	0	593	374	1803
$900 to $999	1516	0	404	0	1112
$1,000 to $1,249	3932	622	339	885	2086
$1,250 to $1,499	2713	789	260	0	1665
$1,500 to $1,999	2936	328	417	410	1781
$2,000 to $2,499	1001	72	165	0	764
$2,500 or more	4344	1207	656	0	2482
No expenses	1955	0	8	395	1552
Not reported or not computed	14257	529	1206	2041	10481
Median	596	1185	773	723	546
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	63378	5644	7163	5906	44665
Less than $250	8639	554	291	467	7327
$250 to $499	13677	1136	1856	715	9970
$500 to $749	10489	782	1935	946	6827
$750 to $999	6338	1026	411	446	4456
$1,000 to $1,249	3306	372	649	86	2200
$1,250 to $1,499	1210	512	57	44	597
$1,500 to $1,749	267	0	0	0	267
$1,750 to $1,999	1042	0	0	385	657
$2,000 to $2,499	392	0	392	0	0
$2,500 or more	1678	329	264	65	1020
No expenses	2985	405	8	0	2572
Not reported or not computed	13354	529	1301	2753	8772
Median	529	713	601	604	484
Acquired 2000 and 2001 (part)	12925	356	684	1091	10794