Residential Finance Survey

Residential Finance Survey: 2001 - South
Table 6-3d. 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	50731	4116	5033	4463	37119
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs	40838	3917	2425	3358	31138
In central cities	22281	1824	798	1945	17714
Not in central cities	18556	2092	1627	1413	13424
Outside MAs	9893	199	2608	1105	5981
Number of Housing Units 5 to 9 housing units	24806	1905	230	2269	20402
10 to 19 housing units	11433	1269	885	1097	8182
20 to 29 housing units	6911	502	1280	553	4576
30 to 39 housing units	4328	222	1643	269	2194
40 to 49 housing units	3253	218	996	274	1766
Manner of Acquisition By purchase	44398	3271	4537	4339	32251
Placed one new mortgage	36587	2910	4175	3111	26391
Placed two or more new mortgages	3356	188	81	483	2603
Assumed mortgage(s) already on property	2280	22	281	96	1881
Assumed mortgage(s) already on property and placed new mortgage	885	55	0	488	342
Borrowed using assets other than this property as collateral	208	0	0	162	47
Paid all cash-no borrowing	566	31	0	0	534
Other manner	517	64	0	0	453
By inheritance or gift	572	0	51	0	520
By divorce	0	0	0	0	0
By tax free exchange of other property	378	0	0	0	378
By foreclosure or assignment	946	233	251	0	462
By some other manner	431	0	0	124	307
Not reported	4006	612	193	0	3200
Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	21227	1893	1005	1689	16639
Sale of stock or other partnership shares for this project	505	0	102	0	402
Sale of previously owned stocks, shares, or other securities	1706	0	0	0	1706
Sale of land or other real estate	1710	0	186	194	1330
Owner's cash, bank deposits, share accounts, or bonds	8868	858	612	656	6742
Borrowing from a retirement plan	0	0	0	0	0
Borrowing using assets other than this property as collateral	1777	592	74	144	966
Proceeds from an insurance policy	0	0	0	0	0
From a state or local government source	0	0	0	0	0
From a non-profit organization	64	55	0	0	8
Proceeds from sale of tax credits	111	0	26	0	84
From parents or relatives	649	0	159	0	490
Other cash source	1029	142	29	0	858
Non-cash source	371	0	69	211	90
No downpayment required	3801	266	141	289	3105
Not reported	2717	39	52	284	2341
Other properties	27017	1610	3905	2774	18728
Not reported	2487	612	123	0	1752
Year Property Acquired 1999 to 2001 (part)	12623	1572	201	114	10736
1997 and 1998	6528	567	419	225	5317
1995 and 1996	5434	367	520	1386	3161
1990 to 1994	10345	897	1680	232	7536
1985 to 1989	7405	484	857	1544	4519
1980 to 1984	4672	115	1253	415	2888
1975 to 1979	2086	98	101	391	1495
1970 to 1974	1333	15	0	97	1221
1969 or earlier	306	0	0	60	246
Building and Land Acquisition Acquired at same time	35618	3238	2550	2728	27102
Not acquired at same time	9240	265	2265	1381	5329
Land not owned by building owner	1030	612	0	0	418
Not reported	4843	0	218	355	4270
Property New or Previously Owned When Acquired Acquired by purchase	44398	3271	4537	4339	32251
New	13647	537	3336	1446	8328
Previously owned	29776	2734	1150	2893	22999
As residential property	27699	2557	1085	2827	21231
Converted from nonresidential use	2077	178	66	66	1768
Other	50	0	50	0	0
Not reported	924	0	0	0	924
Other properties	2327	233	302	124	1668
Not reported	4006	612	193	0	3200
Year Structure Built 1999 to March 2000	2382	338	52	0	1992
1997 and 1998	1325	377	118	78	752
1995 and 1996	2139	0	249	775	1116
1990 to 1994	4221	324	1068	0	2828
1980 to 1989	12313	1526	2304	1558	6925
1970 to 1979	9670	1179	527	317	7647
1960 to 1969	7811	116	81	1158	6457
1950 to 1959	4566	0	309	131	4126
1940 to 1949	2161	0	232	54	1876
1939 or earlier	4142	255	93	393	3400
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	16029	1526	485	339	13679
Less than $20,000	4128	445	63	0	3620
$20,000 to $39,999	5798	440	297	261	4800
$40,000 to $59,999	2923	249	125	78	2471
$60,000 to $79,999	1222	53	0	0	1169
$80,000 to $99,999	636	0	0	0	636
$100,000 to $124,999	335	0	0	0	335
$125,000 to $149,999	0	0	0	0	0
$150,000 to $174,999	310	0	0	0	310
$175,000 to $199,999	0	0	0	0	0
$200,000 to $249,999	0	0	0	0	0
$250,000 to $299,999	0	0	0	0	0
$300,000 to $499,999	0	0	0	0	0
$500,000 or more	677	338	0	0	338
Median	33407	34452	32088	32988	33415
Mean	67263	142785	33899	32603	60879
Other properties	34701	2589	4548	4124	23440
Value Less than $100,000	4614	977	278	0	3359
$100,000 to $199,999	7010	637	225	998	5151
$200,000 to $299,999	8460	232	242	1300	6686
$300,000 to $399,999	5273	712	212	186	4164
$400,000 to $499,999	4815	331	323	573	3588
$500,000 to $749,999	6715	177	1146	591	4801
$750,000 to $999,999	4227	121	525	331	3250
$1,000,000 to $1,499,999	3440	250	1009	261	1920
$1,500,000 to $1,999,999	3444	184	751	125	2384
$2,000,000 to $2,999,999	1665	103	220	98	1243
$3,000,000 to $3,999,999	22	22	0	0	0
$4,000,000 to $4,999,999	161	31	0	0	130
$5,000,000 or more	885	338	103	0	444
Median	400190	329775	793532	294918	380793
Mean	702293	932524	989721	495305	662683
Value Per Housing Unit@8 Less than $20,000	11024	1481	1116	688	7739
$20,000 to $39,999	18826	791	2568	2184	13283
$40,000 to $59,999	11412	1203	1080	1062	8067
$60,000 to $79,999	2235	172	105	98	1859
$80,000 to $99,999	1611	99	61	147	1304
$100,000 to $124,999	1823	31	0	284	1508
$125,000 to $149,999	460	0	72	0	388
$150,000 to $174,999	928	0	0	0	928
$175,000 to $199,999	0	0	0	0	0
$200,000 to $249,999	325	0	31	0	294
$250,000 to $299,999	515	0	0	0	515
$300,000 to $499,999	896	0	0	0	896
$500,000 or more	677	338	0	0	338
Median	35236	34594	30907	34133	36292
Mean	56969	74281	34219	37929	60423
Purchase Price as Percent of Value@8 Acquired by purchase	44398	3271	4537	4339	32251
Purchased 1997 to 2001 (part)	16029	1526	485	339	13679
Less than 60 percent	2409	348	98	147	1817
60 to 69 percent	1243	87	0	0	1157
70 to 79 percent	1112	0	0	0	1112
80 to 99 percent	5693	286	178	192	5037
100 percent or more	5572	806	210	0	4556
Median	91	589	96	82	91
Purchased 1990 to 1996 (part)	14356	1032	1879	1582	9863
Less than 40 percent	2139	0	0	0	2139
40 to 59 percent	1146	0	105	166	875
60 to 79 percent	5419	472	447	900	3600
80 to 99 percent	1960	189	274	232	1265
100 percent or more	3692	371	1053	284	1984
Median	74	85	1169	74	71
Purchased 1989 or earlier	14013	713	2173	2418	8709
Less than 20 percent	85	0	38	0	47
20 to 39 percent	902	0	0	97	805
40 to 59 percent	3827	359	353	984	2131
60 to 79 percent	3631	89	106	841	2594
80 to 99 percent	2172	66	291	386	1429
100 percent or more	3397	198	1385	110	1703
Median	72	60	1424	63	71
Not acquired by purchase	6332	845	495	124	4868
Value of Capital Improvements Properties with capital improvements between 1998 and 2000	22995	994	3379	1687	16936
Less than $5,000	6075	346	1033	636	4060
$5,000 to $9,999	4126	233	539	54	3301
$10,000 to $24,999	5612	102	762	547	4201
$25,000 to $49,999	3119	134	574	29	2383
$50,000 to $74,999	1224	99	151	47	927
$75,000 to $99,999	523	0	126	213	184
$100,000 to $149,999	1197	0	77	162	958
$150,000 to $199,999	197	0	0	0	197
$200,000 to $299,999	110	41	0	0	69
$300,000 or more	813	39	118	0	656
Median	13465	8247	12315	14211	13952
Mean	44406	32705	32081	30754	48911
Properties with no capital improvements between 1998 and 2000	15585	2268	1084	2042	10191
Capital improvements not reported	12151	854	570	734	9992
Value of Capital Improvements Per Unit Properties with capital improvements between 1998 and 2000	22995	994	3379	1687	16936
Less than $500	7364	154	1975	432	4802
$500 to $999	3819	660	504	384	2270
$1,000 to $2,499	6512	0	670	212	5630
$2,500 to $4,999	1928	99	41	512	1276
$5,000 to $7,499	1297	41	0	147	1110
$7,500 to $9,999	653	39	97	0	517
$10,000 to $14,999	367	0	0	0	367
$15,000 to $19,999	45	0	0	0	45
$20,000 to $29,999	608	0	91	0	516
$30,000 or more	402	0	0	0	402
Median	1073	759	428	1195	1372
Mean	3328	1309	1417	2176	3942
Properties with no capital improvements between 1998 and 2000	15585	2268	1084	2042	10191
Capital improvements not reported	12151	854	570	734	9992
Monthly Rental Receipts Per Housing Unit Acquired before 2000	45050	3800	4890	4463	31897
Less than $100	6631	1329	340	997	3965
$100 to $199	6001	159	364	669	4809
$200 to $299	7552	664	1833	765	4290
$300 to $399	7024	676	1368	797	4183
$400 to $499	6012	55	337	400	5220
$500 to $599	3406	103	240	183	2881
$600 to $799	1767	64	29	0	1675
$800 to $999	1093	114	129	207	643
$1000 or more	5277	636	251	446	3944
No rental receipts	287	0	0	0	287
Median	331	262	295	274	366
Mean	2353	802	10913	655	1464
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Rental Receipts as Percent of Value@8 Acquired before 2000	45050	3800	4890	4463	31897
Less than 5 percent	833	0	115	207	512
5 to 9 percent	18514	2221	1710	2397	12187
10 to 14 percent	10333	685	1886	664	7098
15 to 19 percent	6903	55	495	354	5999
20 to 24 percent	3334	466	195	47	2627
25 to 29 percent	641	0	27	124	491
30 to 39 percent	960	107	60	42	752
40 percent or more	3243	266	402	628	1946
Median	11	9	12	9	12
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	45050	3800	4890	4463	31897
Less than 1.0 percent	4840	632	863	323	3022
1.0 to 2.9 percent	6258	130	543	632	4953
3.0 to 4.9 percent	2756	242	1122	300	1093
5.0 to 6.9 percent	1662	99	397	355	811
7.0 to 8.9 percent	2125	288	284	203	1350
9.0 to 10.9 percent	4452	43	223	211	3974
11.0 to 12.9 percent	1282	247	79	91	865
13.0 to 14.9 percent	1070	0	67	120	883
15.0 percent or more	7010	221	433	1017	5338
Not reported or not computed	13595	1899	877	1211	9607
Median	7.2	4.6	4.1	7.2	8.9
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Age Restrictions Property restricted to people age 55 or older	8490	565	1380	1250	5296
Property not restricted to people age 55 or older	37693	3375	3575	2602	28141
Not reported	4547	176	79	611	3682
Age Composition Over one-half the residents of the building age 55 or older	3282	264	305	0	2713
Over one-half the residents of the building not age 55 or older	34429	3272	3102	2886	25169
Not reported	13020	580	1626	1577	9237
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service	4530	477	489	419	3145
Charge included in rent	3478	477	255	162	2584
Charge not included in rent	0	0	0	0	0
Not reported	1052	0	235	257	561
Property does not provide meal service	3804	297	1069	0	2438
Not reported	42397	3342	3475	4045	31536
Type of Property Benefits@1 Government-sponsored below-market interest rate mortgage loan	2619	233	1720	54	613
Government rental subsidy	6496	547	1279	579	4092
Government grant	98	0	43	0	54
Property tax relief	252	0	0	89	163
Federal income tax credit for low-income, old or historic properties	1928	69	944	98	818
Accelerated federal income tax depreciation for low- and moderate-income properties	693	0	370	47	276
Subsidy from a non-profit corporation	222	0	119	0	103
None of the above benefits	32523	3336	1943	3294	23950
Not reported	9061	0	555	356	8150
Source of Property Benefits@1 With property benefits	9146	779	2534	813	5019
Federal government	7691	712	2372	538	4069
State government	542	0	43	35	463
Local government	1444	53	34	240	1118
Non-profit corporation	222	0	119	0	103
Not reported	227	15	0	0	213
With no property benefits	32523	3336	1943	3294	23950
Not reported	9061	0	555	356	8150
Reason for Benefits@1 With property benefits	9146	779	2534	813	5019
Occupied by low- or moderate-income individuals	8440	765	2469	724	4483
Occupied by elderly or disabled individuals	2499	151	829	54	1466
A historic structure	430	233	0	54	144
Located in a community development or economic development area	89	0	0	54	36
Covered by a Homestead Exemption	143	0	0	143	0
Covered by a Community Land Trust	54	0	0	54	0
Covered by disaster relief	54	0	0	54	0
Other reason	0	0	0	0	0
Not reported	69	15	0	0	54
With no property benefits	32523	3336	1943	3294	23950
Not reported	9061	0	555	356	8150
Section 8 Rental Housing Certificates and Vouchers Property did or does have tenants receiving Section 8 assistance	17104	1911	2638	1470	11084
Property has never had tenants receiving Section 8 assistance	25973	1524	2181	2630	19637
Not reported	7654	680	214	363	6397
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	25358	1490	1085	2053	20730
Limited partnership	12600	1341	3059	1234	6967
Joint venture	255	0	0	0	255
General partnership	2455	406	303	541	1206
Life insurance company	144	0	0	0	144
Depository institution	0	0	0	0	0
Public real estate investment trust	226	0	31	0	195
Private real estate investment trust	0	0	0	0	0
Corporation - other than real estate investment trust	6305	485	139	599	5081
Housing cooperative organization	351	0	251	35	64
Non-profit or church-related institution	691	55	131	0	505
Pension fund	0	0	0	0	0
Fraternal organization	8	0	0	0	8
Other	2338	338	34	0	1965
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	44238	3640	4727	4167	31704
2 mortgages	6062	476	303	296	4986
3 or more mortgages	431	0	2	0	429
Form of Debt of First Mortgage Mortgage or deed of trust	50731	4116	5033	4463	37119
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	176	0	0	0	176
By telephone or FAX	3642	560	129	58	2895
By regular mail	3469	389	1307	165	1608
By personal visit	30796	1943	2585	3383	22885
Through third party (such as real estate agent or builder)	5920	1049	0	192	4679
Some other way	1085	98	306	284	397
Not reported	4742	0	593	327	3821
Not available	903	77	113	54	659
Origin of First Mortgage Mortgage made at time property acquired	38623	3297	4650	2928	27747
Mortgage assumed at the time property acquired	2920	77	294	541	2007
Mortgage placed later than acquisition of property	9188	741	89	993	7365
Refinanced mortgage	8889	741	89	951	7107
Same lender	3671	509	89	224	2850
Different lender	5218	233	0	728	4257
Mortgage placed on property owned free and clear of debt	300	0	0	42	258
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	9188	741	89	993	7365
Obtain lower interest rate	4864	429	87	502	3846
Increase payment period for mortgage	2	0	2	0	0
Reduce payment period for mortgage	52	0	0	0	52
Renew or extend loan that had fallen due, without increasing outstanding balance	965	43	0	166	756
Receive cash or increase outstanding balance of loan	610	0	0	42	568
Other reason	814	36	0	0	778
Not reported	1881	233	0	284	1365
Other properties	41542	3374	4944	3470	29754
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	4002	0	61	397	3545
Less than $100,000	2483	0	0	355	2128
$100,000 to $199,999	510	0	0	0	510
$200,000 to $299,999	434	0	0	42	392
$300,000 to $399,999	227	0	0	0	227
$400,000 to $499,999	0	0	0	0	0
$500,000 to $749,999	134	0	61	0	73
$750,000 to $999,999	0	0	0	0	0
$1,000,000 to $1,499,999	68	0	0	0	68
$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	147	0	0	0	147
Not reported	0	0	0	0	0
Median	80601	0	625000	55889	83293
Mean	554529	0	500000	29393	614227
Properties that refinanced and did not receive cash back	4303	741	28	224	3310
Properties that refinanced and did not report if received cash back	883	0	0	373	510
Properties that did not refinance	41542	3374	4944	3470	29754
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	4002	0	61	397	3545
For additions, improvements or repairs to this property	1519	0	0	355	1164
To consolidate debts	1797	0	0	0	1797
For investment in other real estate	1515	0	0	397	1118
For other types of investments	836	0	0	0	836
For educational or medical expenses	974	0	0	0	974
To start a business	0	0	0	0	0
To settle a divorce	0	0	0	0	0
To pay taxes	451	0	0	0	451
To purchase an automobile, truck, or other vehicle	0	0	0	0	0
To purchase consumer product other than automobile, truck, or other vehicle	451	0	0	0	451
Other	972	0	61	0	911
Not reported	0	0	0	0	0
Properties that refinanced and did not receive cash back	4303	741	28	224	3310
Properties that refinanced and did not report if received cash back	883	0	0	373	510
Properties that did not refinance	41542	3374	4944	3470	29754
Not available	0	0	0	0	0
Purpose of Second Mortgage Properties with second mortgage	4332	476	282	296	3279
Provide funds for the purchase of this property	1566	108	43	230	1185
Provide funds for additions, improvements or repairs to this property	1145	332	171	66	576
Provide funds for consolidation of debts	390	0	0	0	390
Provide funds for investment in other real estate	0	0	0	0	0
Provide funds for other types of investments	2	0	2	0	0
Provide funds for educational or medical expenses	0	0	0	0	0
Provide funds for starting a business	39	0	0	0	39
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	264	36	66	0	162
Not reported	927	0	0	0	927
Other properties	46398	3640	4751	4167	33840
Purpose of Line of Credit Properties with second mortgage or line of credit	2489	0	24	0	2465
Provide funds for additions, improvements or repairs to this property	1221	0	24	0	1197
Provide funds for consolidation of debts	276	0	0	0	276
Provide funds for investment in other real estate	0	0	0	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	699	0	0	0	699
Not reported	293	0	0	0	293
Other properties	48242	4116	5009	4463	34654
Year First Mortgage Made or Assumed 1999 to 2001 (part)	18773	1973	325	922	15553
1997 and 1998	9075	567	421	622	7466
1995 and 1996	4608	663	634	536	2776
1990 to 1994	7315	343	1538	359	5075
1985 to 1989	6865	448	923	1152	4341
1980 to 1984	2674	51	1119	415	1089
1979 or earlier	1421	70	73	458	821
Traditional First Mortgage Loan Less than $50,000	4508	365	0	740	3402
$50,000 to $99,999	6521	656	450	348	5066
$100,000 to $149,999	6576	247	70	779	5480
$150,000 to $199,999	4670	704	198	501	3266
$200,000 to $249,999	3965	374	264	443	2884
$250,000 to $299,999	2535	421	37	356	1722
$300,000 to $399,999	4406	173	209	290	3734
$400,000 to $499,999	3699	115	151	235	3198
$500,000 to $749,999	4805	252	1021	434	3098
$750,000 to $999,999	3417	340	730	170	2177
$1,000,000 to $1,499,999	3624	34	1732	0	1858
$1,500,000 to $1,999,999	460	0	139	78	243
$2,000,000 or more	376	53	31	0	292
Not reported	1168	379	0	89	700
Median	228703	192567	765722	177927	215150
Mean	389103	297942	816624	268520	353860
Total Mortgage Loan Less than $50,000	4508	365	0	740	3402
$50,000 to $99,999	6091	656	401	348	4685
$100,000 to $149,999	6648	247	70	779	5552
$150,000 to $199,999	4543	704	198	501	3140
$200,000 to $249,999	3067	374	264	311	2117
$250,000 to $299,999	3018	188	37	258	2536
$300,000 to $399,999	3785	120	144	422	3099
$400,000 to $499,999	4026	113	151	235	3527
$500,000 to $749,999	5713	539	1085	368	3721
$750,000 to $999,999	3402	340	649	236	2177
$1,000,000 to $1,499,999	3850	34	1815	98	1903
$1,500,000 to $1,999,999	535	0	188	78	269
$2,000,000 or more	376	53	31	0	292
Not reported	1168	379	0	89	700
Median	244398	192567	777772	177927	230610
Mean	404633	319381	844370	295291	365745
Traditional First Mortgage Outstanding Debt Less than $50,000	7021	420	467	879	5255
$50,000 to $99,999	8217	903	162	1030	6122
$100,000 to $149,999	7373	748	198	773	5654
$150,000 to $199,999	2496	331	0	54	2111
$200,000 to $249,999	4231	233	264	485	3248
$250,000 to $299,999	2783	364	180	0	2239
$300,000 to $399,999	4123	73	271	336	3443
$400,000 to $499,999	2853	118	295	229	2211
$500,000 to $749,999	4276	297	892	450	2636
$750,000 to $999,999	3145	162	854	59	2070
$1,000,000 to $1,499,999	2446	34	1357	78	977
$1,500,000 to $1,999,999	313	0	61	0	252
$2,000,000 or more	286	53	31	0	202
Not reported	1168	379	0	89	700
Median	190349	136431	681661	117937	174956
Mean	333089	250564	733729	217048	300129
Total Mortgage Outstanding Debt Less than $50,000	6610	365	401	879	4964
$50,000 to $99,999	8041	903	113	1030	5994
$100,000 to $149,999	7219	803	198	773	5445
$150,000 to $199,999	2541	331	66	54	2090
$200,000 to $249,999	3110	0	264	255	2590
$250,000 to $299,999	3846	364	180	132	3170
$300,000 to $399,999	3390	253	271	336	2529
$400,000 to $499,999	3249	134	295	163	2657
$500,000 to $749,999	5148	333	890	516	3408
$750,000 to $999,999	3065	162	775	59	2070
$1,000,000 to $1,499,999	2712	34	1438	176	1063
$1,500,000 to $1,999,999	388	0	110	0	278
$2,000,000 or more	286	53	31	0	202
Not reported	1127	379	0	89	659
Median	203177	137359	688871	117937	190372
Mean	342097	237403	760479	237054	309609
Current Interest Rate on First Mortgage Less than 6.0 percent	19499	218	1322	2191	15768
6.0 percent	174	0	0	139	35
6.1 to 6.4 percent	364	82	38	211	33
6.5 to 6.9 percent	2963	410	211	0	2343
7.0 percent	2068	39	0	147	1882
7.1 to 7.4 percent	532	22	144	0	366
7.5 to 7.9 percent	3162	281	439	0	2442
8.0 percent	833	0	139	54	640
8.1 to 8.4 percent	2031	233	249	355	1195
8.5 to 8.9 percent	3627	856	732	186	1853
9.0 percent	1281	34	250	0	996
9.1 to 9.4 percent	818	359	0	0	459
9.5 to 9.9 percent	2367	55	292	327	1692
10.0 percent	389	55	155	91	88
10.1 to 10.4 percent	79	53	0	0	27
10.5 to 10.9 percent	754	0	490	0	264
11.0 percent	581	247	0	0	334
11.1 to 12.9 percent	893	390	320	0	184
13.0 percent	433	0	0	0	433
13.1 percent or more	7881	783	250	762	6085
Not reported	0	0	0	0	0
Median	7.3	9.0	8.5	6.0	7.0
Type of Interest Rate Buydown Properties with interest rate buydown	43	0	0	0	43
Constant payment	43	0	0	0	43
3-2-1 buydown	0	0	0	0	0
Other	0	0	0	0	0
Not reported	0	0	0	0	0
Properties without interest rate buydown	19148	715	3770	1363	13299
Not reported	31540	3400	1263	3100	23777
Term of First Mortgage Less than 5 years	333	0	0	211	122
5 years	1694	55	37	397	1205
6 to 9 years	563	0	0	0	563
10 years	1807	0	183	0	1624
11 to 14 years	569	0	0	0	569
15 years	3148	0	0	186	2962
16 to 19 years	0	0	0	0	0
20 years	1592	0	0	0	1592
21 to 24 years	0	0	0	0	0
25 years	896	0	0	91	805
26 to 29 years	103	103	0	0	0
30 years	8958	3957	114	425	4463
More than 30 years	3931	0	3359	0	572
No stated term	27137	0	1341	3154	22642
Median	30	30	62	15	20
Unexpired Term of First Mortgage Less than 5 years	2528	70	0	705	1753
5 to 9 years	3323	55	159	277	2832
10 to 14 years	5118	86	142	327	4563
15 to 19 years	1961	513	39	0	1409
20 to 24 years	1217	540	66	0	611
25 to 29 years	4819	2558	149	0	2111
30 or more years	4628	293	3137	0	1197
No stated term or not computed	27137	0	1341	3154	22642
Median	17	27	58	5	13
Holder of First Mortgage Commercial bank or trust company	12791	1110	229	1313	10138
Savings and loan association, federal savings bank	5984	302	34	1128	4520
Mutual savings bank	1524	105	67	0	1353
Life insurance company	1545	266	251	136	892
Mortgage banker or mortgage company	597	0	0	0	597
Federally-sponsored secondary market agency or pool	13566	1892	732	1376	9567
Conventional mortgage pool	95	0	31	0	64
Other federal agency	4974	49	3524	0	1401
Real estate investment trust	0	0	0	0	0
Pension or retirement fund	0	0	0	0	0
Credit union	926	120	33	0	773
Finance company	349	152	0	0	197
State or municipal government or housing finance agency	2701	34	55	66	2546
Individual or individual's estate	4729	72	0	389	4269
Other	948	15	77	55	802
Servicer of First Mortgage Commercial bank or trust company	11974	1046	229	1313	9386
Savings and loan association, federal savings bank	6140	302	34	1128	4676
Mutual savings bank	1524	105	67	0	1353
Life insurance company	1210	0	251	136	824
Mortgage banker or mortgage company	15173	2242	763	1376	10793
Federally-sponsored secondary market agency or pool	34	0	0	0	34
Conventional mortgage pool	222	0	0	0	222
Other federal agency	4969	43	3524	0	1401
Real estate investment trust	0	0	0	0	0
Pension or retirement fund	0	0	0	0	0
Credit union	932	120	33	0	779
Finance company	349	152	0	0	197
State or municipal government or housing finance agency	2262	34	55	66	2107
Individual or individual's estate	4729	72	0	389	4269
Other	1211	0	77	55	1079
Holder's Acquisition of First Mortgage Originated directly from borrower	28394	1058	487	1902	24947
Purchased from present servicer	14286	1266	4212	1728	7079
Purchased from someone else	8051	1791	334	834	5093
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	36111	2762	4448	3435	25465
Less than 40 percent	1575	0	173	98	1304
40 to 49 percent	1041	69	39	801	132
50 to 59 percent	1124	5	38	47	1034
60 to 69 percent	3962	204	340	272	3146
70 to 79 percent	4016	234	465	513	2805
80 to 89 percent	6124	106	535	161	5322
90 to 94 percent	1183	0	213	296	674
95 to 99 percent	2036	160	704	78	1094
100 percent or more	14144	1605	1940	1170	9429
Not reported	906	379	0	0	527
Median	90	25848	98	80	88
Other properties	14620	1353	585	1028	11654
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	36111	2762	4448	3435	25465
Less than 40 percent	1470	0	222	98	1151
40 to 49 percent	1495	69	75	801	551
50 to 59 percent	1168	0	133	47	988
60 to 69 percent	7638	571	1595	580	4893
70 to 79 percent	6197	234	285	803	4875
80 to 89 percent	6033	106	79	161	5687
90 to 94 percent	1481	0	440	296	745
95 to 99 percent	1841	120	1288	78	355
100 percent or more	7881	1284	331	571	5695
Not reported	906	379	0	0	527
Median	79	811	77	72	80
Other properties	14620	1353	585	1028	11654
Not available	0	0	0	0	0
First Mortgage Risk Subprime loan	2088	188	81	173	1645
Not subprime loan	48643	3927	4951	4290	35474
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	36111	2762	4448	3435	25465
Less than 40 percent	1368	0	173	0	1195
40 to 49 percent	1057	69	39	899	50
50 to 59 percent	936	5	38	47	845
60 to 69 percent	3939	152	259	272	3257
70 to 79 percent	3716	232	433	513	2539
80 to 89 percent	5242	106	469	29	4638
90 to 94 percent	1080	0	109	296	675
95 to 99 percent	2305	214	797	78	1215
100 percent or more	15563	1605	2130	1302	10525
Not reported	906	379	0	0	527
Median	96	25848	99	80	90
Other properties	14620	1353	585	1028	11654
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	36111	2762	4448	3435	25465
Less than 40 percent	5392	82	514	1045	3752
40 to 49 percent	2095	427	236	420	1012
50 to 59 percent	3861	499	102	332	2927
60 to 69 percent	6285	133	273	300	5579
70 to 79 percent	4269	482	240	805	2742
80 to 89 percent	4258	176	748	270	3065
90 to 94 percent	2119	199	281	78	1561
95 to 99 percent	1904	39	640	121	1104
100 percent or more	5021	346	1414	64	3198
Not reported	906	379	0	0	527
Median	70	71	92	58	69
Other properties	14620	1353	585	1028	11654
Not available	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	4368	55	329	940	3045
20 to 29 percent	2892	150	135	544	2063
30 to 39 percent	4880	374	202	769	3535
40 to 49 percent	7637	521	523	519	6073
50 to 59 percent	6106	505	186	547	4868
60 to 69 percent	7345	336	454	449	6106
70 to 79 percent	4505	313	613	0	3579
80 to 89 percent	3839	0	686	203	2950
90 to 99 percent	5919	1418	893	339	3268
100 percent or more	2113	64	1012	64	973
Not reported or not computed	1127	379	0	89	659
Median	58	68	81	39	57
Index Used to Adjust Interest Rate on ARM Properties with adjustable rate first mortgage	9757	301	544	1022	7889
Treasury security	2233	0	0	0	2233
Average cost of funds in bank district	309	0	0	0	309
National average cost of funds	0	0	0	0	0
OTS contract mortgage rate	0	0	0	0	0
Other method	1408	55	0	42	1311
No index used	118	0	0	0	118
Not reported	5689	246	544	981	3919
Other properties	40974	3814	4489	3441	29230
Not reported	0	0	0	0	0
Frequency With Which Rate Can Be Adjusted Properties with adjustable rate first mortgage	9757	301	544	1022	7889
Monthly	142	0	0	0	142
Every 3 months	0	0	0	0	0
Every 6 months	101	0	0	0	101
Yearly	3010	0	0	42	2968
Every 3 years	17	0	0	0	17
Every 5 years	277	0	0	0	277
Other	435	55	0	0	380
Not reported	5774	246	544	981	4004
Other properties	40974	3814	4489	3441	29230
Not reported	0	0	0	0	0
Caps on Interest Rate Per Adjustment Period Properties with adjustable rate first mortgage	9757	301	544	1022	7889
Less than 1 percent	0	0	0	0	0
1 percent	0	0	0	0	0
1.1 to 1.9 percent	135	0	0	0	135
2 percent	1821	0	0	0	1821
2.1 to 2.9 percent	10	0	0	0	10
3 percent	128	0	0	0	128
3.1 to 3.9 percent	0	0	0	0	0
4.0 percent or more	284	0	0	0	284
No caps	1594	55	0	42	1497
Not reported	5784	246	544	981	4013
Other properties	40974	3814	4489	3441	29230
Not reported	0	0	0	0	0
Caps on Interest Rate Over Life of ARM Properties with adjustable rate first mortgage	9757	301	544	1022	7889
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	1928	0	0	0	1928
No caps	1971	55	0	42	1874
Not reported	5857	246	544	981	4087
Other properties	40974	3814	4489	3441	29230
Not reported	0	0	0	0	0
Interest Rate Changed Since Mortgage Made Properties with adjustable rate first mortgage	9757	301	544	1022	7889
Yes, rate has changed	3040	0	0	42	2998
No change since mortgage made	1080	55	0	0	1025
Not reported	5636	246	544	981	3866
Other properties	40974	3814	4489	3441	29230
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	40	0	0	0	40
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	40	0	0	0	40
Not reported	0	0	0	0	0
Monthly payments cannot change	44567	3814	4489	3483	32781
Not reported	6124	301	544	981	4298
First Mortgage Allows for Negative Amortization Monthly payments can change (other than change in interest rate)	40	0	0	0	40
Yes, unrestricted negative amortization	0	0	0	0	0
Yes, restricted negative amortization	0	0	0	0	0
No negative amortization allowed	40	0	0	0	40
Not reported	0	0	0	0	0
Monthly payments cannot change	44567	3814	4489	3483	32781
Not reported	6124	301	544	981	4298
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal	45862	3731	4782	4463	32886
Interest and principal	45808	3731	4782	4463	32832
Fully amortized	35692	3255	1465	4198	26773
Not fully amortized	10116	476	3316	265	6059
Interest only	54	0	0	0	54
No regular payments required	708	0	0	0	708
Not reported	4161	384	251	0	3525
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	45808	3731	4782	4463	32832
Real estate taxes	7552	996	183	327	6045
Property insurance	5297	996	152	327	3821
Mortgage insurance	1324	996	0	327	0
Other	3594	933	183	327	2150
No items included or not reported	37972	2735	4598	4136	26503
No regular payments of interest and principal	4923	384	251	0	4287
Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of interest and/or principal	50022	4116	5033	4463	36411
Less than $100	10330	509	1711	475	7636
$100 to $199	13016	1311	1054	1360	9291
$200 to $299	11319	1343	1611	1224	7142
$300 to $399	3619	271	183	212	2953
$400 to $499	2068	0	61	47	1959
$500 to $599	978	31	35	699	213
$600 to $699	164	0	0	0	164
$700 to $799	746	0	0	0	746
$800 to $899	726	0	0	0	726
$900 to $999	31	0	31	0	0
$1,000 to $1,249	313	0	26	162	125
$1,250 to $1,499	93	0	0	0	93
$1,500 or more	2459	266	70	284	1839
Not reported	4161	384	251	0	3525
Median	197	203	165	232	195
Mean	862	299	204	386	1085
No regular payments required	708	0	0	0	708
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	50022	4116	5033	4463	36411
Up-to-date, ahead of schedule, or less than 90 days past due	19863	1052	3477	1363	13972
Delinquent by 90 days or more	481	0	0	0	481
Legal proceedings have begun	481	0	0	0	481
Legal proceedings have not begun	0	0	0	0	0
Not reported	0	0	0	0	0
Not reported	29678	3064	1556	3100	21958
Other properties	708	0	0	0	708
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal	50022	4116	5033	4463	36411
Less than $100	14006	893	1870	475	10768
$100 to $199	12653	1165	1065	1162	9261
$200 to $299	11833	1256	1591	1422	7565
$300 to $399	3953	504	284	212	2953
$400 to $499	1840	0	61	47	1732
$500 to $599	978	31	35	699	213
$600 to $699	392	0	0	0	392
$700 to $799	746	0	0	0	746
$800 to $899	726	0	0	0	726
$900 to $999	31	0	31	0	0
$1,000 to $1,249	313	0	26	162	125
$1,250 to $1,499	93	0	0	0	93
$1,500 or more	2459	266	70	284	1839
Not reported	0	0	0	0	0
Median	187	200	161	242	180
Mean	794	278	200	389	985
No regular payments required	708	0	0	0	708
Interest and Principal Payment on First Mortgage as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or princi	40798	3416	4639	4463	28281
Less than 20 percent	3142	15	508	158	2461
20 to 29 percent	3799	42	1220	470	2068
30 to 39 percent	3890	700	236	331	2623
40 to 49 percent	5111	418	424	323	3947
50 to 59 percent	3623	69	340	162	3053
60 to 69 percent	4888	62	328	250	4248
70 to 79 percent	2381	0	305	546	1531
80 to 89 percent	2264	479	391	134	1259
90 to 99 percent	1014	233	252	47	481
100 percent or more	10400	1399	635	2044	6323
Not reported or not computed	287	0	0	0	287
Median	61	88	48	80	59
Other properties	9933	700	394	0	8838
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	40798	3416	4639	4463	28281
Less than 20 percent	2980	15	378	158	2429
20 to 29 percent	3748	42	1258	470	1978
30 to 39 percent	3505	592	212	331	2370
40 to 49 percent	5071	416	425	257	3974
50 to 59 percent	3671	124	373	162	3013
60 to 69 percent	5005	117	409	316	4163
70 to 79 percent	2237	0	305	414	1519
80 to 89 percent	2447	479	391	134	1442
90 to 99 percent	1140	0	252	179	708
100 percent or more	10707	1631	635	2044	6398
Not reported or not computed	287	0	0	0	287
Median	63	88	51	89	61
Other properties	9933	700	394	0	8838
Real Estate Tax Per Housing Unit Acquired before 2000	45050	3800	4890	4463	31897
Less than $100	5495	437	404	848	3807
$100 to $199	5972	471	895	742	3864
$200 to $299	8462	658	1051	351	6401
$300 to $399	5871	384	867	867	3753
$400 to $499	4236	997	462	597	2180
$500 to $599	2615	114	280	416	1805
$600 to $699	1439	39	291	147	962
$700 to $799	2718	0	113	211	2394
$800 to $899	979	0	159	0	820
$900 to $999	296	0	126	0	170
$1,000 to $1,249	1596	55	0	0	1541
$1,250 to $1,499	1763	0	96	0	1667
$1,500 to $1,999	610	266	43	0	301
$2,000 to $2,499	364	0	70	0	294
$2,500 or more	1658	0	31	284	1343
Not reported	974	379	0	0	595
Median	336	338	311	333	342
Mean	556	401	440	520	597
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Real Estate Tax Per $1,000 Value Acquired before 2000	45050	3800	4890	4463	31897
Less than $5	8299	537	510	1140	6113
$5 to $9	9040	435	1441	1575	5590
$10 to $14	9680	648	761	388	7883
$15 to $19	6196	65	842	373	4916
$20 to $24	3811	438	547	541	2285
$25 to $29	2295	0	211	0	2084
$30 to $39	4754	1299	578	446	2431
$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	974	379	0	0	595
Median	12	20	13	8	13
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	45050	3800	4890	4463	31897
Less than 5 percent	6896	798	886	548	4665
5 to 9 percent	17613	879	1418	2119	13197
10 to 14 percent	8380	322	1517	1047	5494
15 to 19 percent	4755	5	646	0	4104
20 to 24 percent	962	0	25	358	579
25 to 29 percent	1077	55	0	0	1022
30 to 34 percent	1634	365	147	282	839
35 to 39 percent	562	346	0	54	162
40 percent or more	1911	652	251	55	953
Not reported or not computed	1261	379	0	0	882
Median	9	11	10	9	9
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Property Management Property managed by paid property management company	21961	2100	4001	1925	13935
Property not managed by paid property management company	22109	1389	960	2211	17549
Not reported	6661	627	71	327	5635
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	45050	3800	4890	4463	31897
Less than $100	795	421	309	0	66
$100 to $199	1840	55	38	410	1336
$200 to $299	2564	47	300	78	2139
$300 to $399	1402	247	470	133	553
$400 to $499	1543	39	249	89	1165
$500 to $599	1272	0	303	117	851
$600 to $699	2463	142	504	47	1770
$700 to $799	1102	0	563	159	380
$800 to $899	883	0	405	47	430
$900 to $999	488	64	133	147	144
$1,000 to $1,249	959	31	678	64	186
$1,250 to $1,499	274	34	113	0	127
$1,500 to $1,999	569	69	104	0	396
$2,000 to $2,499	403	0	0	0	403
$2,500 or more	2738	266	101	446	1925
No expenses	15279	638	381	1706	12554
Not reported or not computed	10476	1746	237	1021	7472
Median	609	375	692	688	580
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	45050	3800	4890	4463	31897
Less than $100	1890	365	0	59	1466
$100 to $199	3170	120	104	166	2780
$200 to $299	2695	91	588	266	1750
$300 to $399	4070	53	404	667	2945
$400 to $499	2539	98	566	444	1431
$500 to $599	1938	31	480	97	1330
$600 to $699	2107	262	497	186	1162
$700 to $799	3505	266	190	0	3048
$800 to $899	980	39	146	0	794
$900 to $999	1695	0	568	0	1127
$1,000 to $1,249	2033	120	331	287	1296
$1,250 to $1,499	1500	178	269	393	661
$1,500 to $1,999	658	0	196	0	462
$2,000 to $2,499	268	0	62	42	165
$2,500 or more	3201	99	101	284	2717
No expenses	761	0	113	0	649
Not reported or not computed	12039	2077	274	1573	8115
Median	591	639	622	465	590
Acquired 2000 and 2001 (part)	5681	316	143	0	5223
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	45050	3800	4890	4463	31897
Less than $250	7288	47	1335	866	5040
$250 to $499	9376	819	1593	1107	5858
$500 to $749	4259	129	908	117	3105
$750 to $999	1400	139	224	317	721
$1,000 to $1,249	2253	31	55	0	2166
$1,250 to $1,499	549	0	0	60	489
$1,500 to $1,749	375	39	35	183	118
$1,750 to $1,999	588	266	0	0	321
$2,000 to $2,499	372	0	31	162	179
$2,500 or more	1618	0	70	284	1264
No expenses	5879	831	362	47	4638
Not reported or not computed	11093	1499	276	1320	7998
Median	430	460	374	404	446
Acquired 2000 and 2001 (part)	5681	316	143	0	5223