Residential Finance Survey

Residential Finance Survey: 2001 - West
Table 6-3e. 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	99256	5693	6000	8592	78971
PROPERTY CHARACTERISTICS Property Location by Geographic Area Inside MAs	88918	4730	4756	7810	71622
In central cities	53779	2755	3246	4550	43229
Not in central cities	35139	1975	1511	3260	28393
Outside MAs	10338	963	1244	782	7350
Number of Housing Units 5 to 9 housing units	48864	2863	1632	4027	40342
10 to 19 housing units	25783	1222	1957	2660	19944
20 to 29 housing units	12829	760	839	957	10273
30 to 39 housing units	6835	402	855	538	5040
40 to 49 housing units	4945	445	716	410	3373
Manner of Acquisition By purchase	89208	5104	5903	7936	70266
Placed one new mortgage	71854	3723	4846	6319	56967
Placed two or more new mortgages	5759	506	501	157	4594
Assumed mortgage(s) already on property	7474	730	155	1408	5182
Assumed mortgage(s) already on property and placed new mortgage	2127	0	112	0	2014
Borrowed using assets other than this property as collateral	549	0	0	0	549
Paid all cash-no borrowing	1070	145	238	0	687
Other manner	376	0	51	52	273
By inheritance or gift	918	0	0	246	672
By divorce	187	0	0	0	187
By tax free exchange of other property	2820	42	54	61	2663
By foreclosure or assignment	322	0	0	72	250
By some other manner	941	41	43	67	790
Not reported	4860	506	0	210	4143
Source of Downpayment@1 Properties purchased 1995 to 2001 (part)	40651	1558	2046	4315	32732
Sale of stock or other partnership shares for this project	1443	57	76	87	1223
Sale of previously owned stocks, shares, or other securities	1280	0	0	252	1028
Sale of land or other real estate	8109	66	142	1515	6387
Owner's cash, bank deposits, share accounts, or bonds	21660	1303	792	1654	17911
Borrowing from a retirement plan	1330	0	0	112	1218
Borrowing using assets other than this property as collateral	2679	50	336	0	2293
Proceeds from an insurance policy	362	0	0	0	362
From a state or local government source	515	0	62	0	453
From a non-profit organization	98	28	0	0	70
Proceeds from sale of tax credits	101	0	0	0	101
From parents or relatives	775	0	9	112	654
Other cash source	810	0	76	0	734
Non-cash source	194	0	37	0	157
No downpayment required	1522	111	464	130	818
Not reported	4826	0	247	677	3902
Other properties	55460	3837	3954	4176	43493
Not reported	3145	298	0	101	2746
Year Property Acquired 1999 to 2001 (part)	23597	744	1212	3215	18425
1997 and 1998	14228	641	389	769	12429
1995 and 1996	7927	514	499	810	6104
1990 to 1994	15883	1076	1796	625	12386
1985 to 1989	16383	1232	1032	977	13143
1980 to 1984	6402	376	146	439	5441
1975 to 1979	7591	584	636	1060	5311
1970 to 1974	4900	130	258	574	3938
1969 or earlier	2346	397	32	123	1794
Building and Land Acquisition Acquired at same time	86667	4702	5102	7783	69080
Not acquired at same time	8001	426	829	505	6242
Land not owned by building owner	736	0	0	60	676
Not reported	3852	566	69	244	2974
Property New or Previously Owned When Acquired Acquired by purchase	89208	5104	5903	7936	70266
New	11735	623	1706	1046	8360
Previously owned	76693	4424	3970	6890	61408
As residential property	73325	4306	3970	6765	58283
Converted from nonresidential use	3368	118	0	125	3125
Other	480	57	226	0	197
Not reported	300	0	0	0	300
Other properties	5189	83	97	446	4562
Not reported	4860	506	0	210	4143
Year Structure Built 1999 to March 2000	5797	298	186	354	4959
1997 and 1998	2288	65	179	72	1972
1995 and 1996	1259	0	0	32	1226
1990 to 1994	3954	348	511	143	2951
1980 to 1989	13154	524	1458	686	10486
1970 to 1979	14604	1119	1190	1564	10731
1960 to 1969	22835	1789	1238	2520	17288
1950 to 1959	12313	243	364	1030	10677
1940 to 1949	5208	378	53	442	4336
1939 or earlier	17843	930	821	1749	14344
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	33228	1044	1547	3751	26886
Less than $20,000	2974	90	0	163	2721
$20,000 to $39,999	8291	470	315	1004	6502
$40,000 to $59,999	9907	150	428	1325	8004
$60,000 to $79,999	3923	9	303	349	3262
$80,000 to $99,999	3303	325	361	363	2254
$100,000 to $124,999	2585	0	140	211	2234
$125,000 to $149,999	447	0	0	0	447
$150,000 to $174,999	337	0	0	337	0
$175,000 to $199,999	327	0	0	0	327
$200,000 to $249,999	239	0	0	0	239
$250,000 to $299,999	265	0	0	0	265
$300,000 to $499,999	0	0	0	0	0
$500,000 or more	457	0	0	0	457
Median	50625	38388	62053	50701	50327
Mean	65045	49910	61559	63911	65998
Other properties	66029	4649	4453	4841	52086
Value Less than $100,000	911	0	0	250	661
$100,000 to $199,999	5031	505	185	190	4151
$200,000 to $299,999	7794	129	244	179	7241
$300,000 to $399,999	8448	608	827	547	6466
$400,000 to $499,999	12301	662	294	2419	8927
$500,000 to $749,999	20011	1018	1230	1120	16642
$750,000 to $999,999	11297	751	900	844	8802
$1,000,000 to $1,499,999	14326	1023	903	1532	10868
$1,500,000 to $1,999,999	7478	299	795	685	5700
$2,000,000 to $2,999,999	5878	483	187	400	4808
$3,000,000 to $3,999,999	2673	159	103	319	2094
$4,000,000 to $4,999,999	1204	0	91	34	1079
$5,000,000 or more	1904	57	240	74	1533
Median	689175	731338	810909	658613	680860
Mean	1041480	1038284	1286425	957257	1032263
Value Per Housing Unit@8 Less than $20,000	5098	129	368	612	3990
$20,000 to $39,999	18822	1435	1451	731	15205
$40,000 to $59,999	23470	1004	1881	1623	18962
$60,000 to $79,999	18546	1610	902	3048	12985
$80,000 to $99,999	11799	700	501	828	9771
$100,000 to $124,999	7777	419	258	763	6337
$125,000 to $149,999	3521	249	308	312	2652
$150,000 to $174,999	2542	0	119	0	2423
$175,000 to $199,999	2153	0	120	74	1959
$200,000 to $249,999	3186	92	27	501	2566
$250,000 to $299,999	96	0	0	0	96
$300,000 to $499,999	917	57	0	101	759
$500,000 or more	1329	0	65	0	1264
Median	62414	63474	52557	68730	62045
Mean	80657	67146	67035	77006	83063
Purchase Price as Percent of Value@8 Acquired by purchase	89208	5104	5903	7936	70266
Purchased 1997 to 2001 (part)	33228	1044	1547	3751	26886
Less than 60 percent	5102	311	104	644	4042
60 to 69 percent	2761	98	0	1009	1654
70 to 79 percent	5633	93	0	321	5218
80 to 99 percent	8814	252	719	1201	6641
100 percent or more	10746	290	724	574	9158
Median	87	82	99	77	87
Purchased 1990 to 1996 (part)	21631	1397	2252	1122	16859
Less than 40 percent	2076	249	209	103	1515
40 to 59 percent	4731	156	364	225	3986
60 to 79 percent	6298	137	640	278	5243
80 to 99 percent	3898	534	141	479	2744
100 percent or more	4627	322	898	37	3370
Median	73	86	77	77	71
Purchased 1989 or earlier	34350	2662	2104	3063	26521
Less than 20 percent	4910	303	27	382	4199
20 to 39 percent	7353	583	454	778	5538
40 to 59 percent	6627	644	390	541	5052
60 to 79 percent	4614	344	267	113	3890
80 to 99 percent	2951	162	187	124	2477
100 percent or more	7622	627	778	1125	5092
Median	54	54	74	54	53
Not acquired by purchase	10048	590	97	656	8706
Value of Capital Improvements Properties with capital improvements between 1998 and 2000	48556	2898	3183	3793	38683
Less than $5,000	10668	578	684	650	8756
$5,000 to $9,999	8214	607	258	1414	5935
$10,000 to $24,999	15295	840	1094	1161	12201
$25,000 to $49,999	8678	557	853	111	7158
$50,000 to $74,999	2038	0	52	335	1651
$75,000 to $99,999	527	82	0	38	407
$100,000 to $149,999	1504	105	150	85	1164
$150,000 to $199,999	618	29	27	0	562
$200,000 to $299,999	303	42	28	0	233
$300,000 or more	711	57	38	0	617
Median	15292	14710	18909	9409	15717
Mean	34224	28622	48007	16244	35272
Properties with no capital improvements between 1998 and 2000	31275	1716	2021	3000	24538
Capital improvements not reported	19425	1080	796	1799	15750
Value of Capital Improvements Per Unit Properties with capital improvements between 1998 and 2000	48556	2898	3183	3793	38683
Less than $500	11914	374	1092	688	9759
$500 to $999	11995	1139	558	1868	8430
$1,000 to $2,499	14520	953	929	996	11643
$2,500 to $4,999	6097	333	566	77	5122
$5,000 to $7,499	2092	42	0	164	1886
$7,500 to $9,999	314	0	0	0	314
$10,000 to $14,999	386	57	0	0	329
$15,000 to $19,999	923	0	0	0	923
$20,000 to $29,999	0	0	0	0	0
$30,000 or more	315	0	38	0	277
Median	1038	972	947	823	1149
Mean	2618	1364	1915	1092	2919
Properties with no capital improvements between 1998 and 2000	31275	1716	2021	3000	24538
Capital improvements not reported	19425	1080	796	1799	15750
Monthly Rental Receipts Per Housing Unit Acquired before 2000	82740	5172	5231	6278	66059
Less than $100	2264	39	169	125	1932
$100 to $199	6403	455	266	202	5480
$200 to $299	9078	493	771	1327	6486
$300 to $399	9741	1007	539	417	7778
$400 to $499	10099	502	465	1196	7936
$500 to $599	12479	1806	1283	768	8622
$600 to $799	9300	373	371	448	8108
$800 to $999	12438	376	632	1087	10343
$1000 or more	10665	122	735	708	9100
No rental receipts	273	0	0	0	273
Median	529	505	532	489	538
Mean	1617	491	618	10314	958
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Rental Receipts as Percent of Value@8 Acquired before 2000	82740	5172	5231	6278	66059
Less than 5 percent	2706	57	220	708	1721
5 to 9 percent	32488	2296	1697	2584	25911
10 to 14 percent	30202	2490	1646	1688	24379
15 to 19 percent	10323	113	1021	676	8513
20 to 24 percent	1451	90	112	99	1150
25 to 29 percent	1691	90	128	36	1437
30 to 39 percent	1067	36	376	0	655
40 percent or more	2539	0	32	487	2020
Median	11	10	12	10	11
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	82740	5172	5231	6278	66059
Less than 1.0 percent	13592	388	856	1410	10939
1.0 to 2.9 percent	14935	754	1497	1311	11374
3.0 to 4.9 percent	12151	796	677	850	9827
5.0 to 6.9 percent	4266	219	122	312	3613
7.0 to 8.9 percent	5294	1251	279	101	3663
9.0 to 10.9 percent	3383	8	389	105	2882
11.0 to 12.9 percent	1672	212	31	190	1239
13.0 to 14.9 percent	1123	0	0	0	1123
15.0 percent or more	5564	57	90	461	4956
Not reported or not computed	20758	1488	1289	1539	16441
Median	3.4	4.8	2.5	2.5	3.5
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Age Restrictions Property restricted to people age 55 or older	20315	535	538	544	18698
Property not restricted to people age 55 or older	76628	4859	5462	7947	58360
Not reported	2313	298	0	101	1913
Age Composition Over one-half the residents of the building age 55 or older	2589	65	154	758	1613
Over one-half the residents of the building not age 55 or older	71094	4795	5308	6392	54600
Not reported	25573	834	538	1442	22759
Meal Service Provided by Properties Exclusively or Predominantly Occupied by People Age 55 or Older Property provides meal service	11268	284	99	0	10885
Charge included in rent	8655	89	0	0	8566
Charge not included in rent	0	0	0	0	0
Not reported	2613	195	99	0	2319
Property does not provide meal service	6119	135	371	1714	3899
Not reported	81870	5274	5530	6878	64188
Type of Property Benefits@1 Government-sponsored below-market interest rate mortgage loan	3445	96	602	472	2276
Government rental subsidy	12323	853	946	811	9712
Government grant	900	0	62	0	838
Property tax relief	1521	0	36	36	1449
Federal income tax credit for low-income, old or historic properties	1167	0	291	14	862
Accelerated federal income tax depreciation for low- and moderate-income properties	77	0	43	0	34
Subsidy from a non-profit corporation	194	0	0	52	142
None of the above benefits	72217	4333	3451	6831	57603
Not reported	11265	466	1177	412	9210
Source of Property Benefits@1 With property benefits	15773	894	1372	1348	12159
Federal government	10052	672	1230	1052	7097
State government	2173	169	99	39	1866
Local government	5543	54	292	735	4462
Non-profit corporation	194	0	0	52	142
Not reported	505	0	0	0	505
With no property benefits	72217	4333	3451	6831	57603
Not reported	11265	466	1177	412	9210
Reason for Benefits@1 With property benefits	15773	894	1372	1348	12159
Occupied by low- or moderate-income individuals	12853	841	1299	497	10215
Occupied by elderly or disabled individuals	3690	172	535	222	2761
A historic structure	86	0	0	0	86
Located in a community development or economic development area	763	0	82	0	681
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	486	0	0	439	47
Other reason	154	0	0	67	87
Not reported	1178	54	73	344	707
With no property benefits	72217	4333	3451	6831	57603
Not reported	11265	466	1177	412	9210
Section 8 Rental Housing Certificates and Vouchers Property did or does have tenants receiving Section 8 assistance	38929	2596	3286	4056	28992
Property has never had tenants receiving Section 8 assistance	50396	2536	2191	3938	41731
Not reported	9931	561	524	598	8249
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	68837	3473	3550	6465	55348
Limited partnership	10824	1210	1438	285	7891
Joint venture	713	194	0	0	519
General partnership	6495	123	397	377	5598
Life insurance company	113	0	0	0	113
Depository institution	83	0	43	0	40
Public real estate investment trust	204	0	34	112	58
Private real estate investment trust	0	0	0	0	0
Corporation - other than real estate investment trust	6965	515	425	855	5170
Housing cooperative organization	168	168	0	0	0
Non-profit or church-related institution	2312	11	73	406	1823
Pension fund	0	0	0	0	0
Fraternal organization	0	0	0	0	0
Other	2542	0	40	91	2411
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	88228	4630	5562	7406	70630
2 mortgages	9106	1006	400	932	6767
3 or more mortgages	1923	58	38	253	1574
Form of Debt of First Mortgage Mortgage or deed of trust	99256	5693	6000	8592	78971
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	90	0	0	0	90
By telephone or FAX	10143	198	509	935	8500
By regular mail	9365	1515	886	523	6440
By personal visit	41450	1511	2459	4127	33354
Through third party (such as real estate agent or builder)	22449	1088	1500	1671	18191
Some other way	2465	141	94	283	1948
Not reported	9794	787	437	329	8241
Not available	3500	454	115	724	2208
Origin of First Mortgage Mortgage made at time property acquired	70009	3523	4357	5905	56224
Mortgage assumed at the time property acquired	7761	714	162	1120	5765
Mortgage placed later than acquisition of property	21487	1457	1482	1566	16982
Refinanced mortgage	19896	1341	1271	1472	15813
Same lender	4647	79	294	409	3864
Different lender	15250	1262	977	1062	11949
Mortgage placed on property owned free and clear of debt	1591	116	210	95	1169
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	21487	1457	1482	1566	16982
Obtain lower interest rate	8010	717	730	329	6234
Increase payment period for mortgage	97	0	0	0	97
Reduce payment period for mortgage	232	40	0	0	191
Renew or extend loan that had fallen due, without increasing outstanding balance	1236	0	69	0	1167
Receive cash or increase outstanding balance of loan	9713	209	591	1131	7782
Other reason	1269	0	91	5	1174
Not reported	929	490	0	102	337
Other properties	77769	4236	4519	7025	61989
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	13791	976	852	1275	10688
Less than $100,000	4791	211	224	144	4213
$100,000 to $199,999	3294	669	285	439	1901
$200,000 to $299,999	1815	0	198	36	1581
$300,000 to $399,999	1780	0	64	515	1200
$400,000 to $499,999	747	40	0	51	656
$500,000 to $749,999	697	0	53	31	613
$750,000 to $999,999	244	57	0	28	159
$1,000,000 to $1,499,999	214	0	27	31	155
$1,500,000 to $1,999,999	59	0	0	0	59
$2,000,000 to $2,999,999	150	0	0	0	150
$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	0	0	0	0	0
Not reported	0	0	0	0	0
Median	163895	141508	170885	303677	159509
Mean	226754	165357	185242	255345	232258
Properties that refinanced and did not receive cash back	5922	450	67	74	5331
Properties that refinanced and did not report if received cash back	1773	31	563	217	963
Properties that did not refinance	77769	4236	4519	7025	61989
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	13791	976	852	1275	10688
For additions, improvements or repairs to this property	5250	190	247	930	3883
To consolidate debts	2104	0	224	433	1447
For investment in other real estate	5859	670	462	195	4532
For other types of investments	1190	0	0	113	1077
For educational or medical expenses	537	0	0	0	537
To start a business	100	0	0	31	69
To settle a divorce	794	0	0	0	794
To pay taxes	593	0	0	51	542
To purchase an automobile, truck, or other vehicle	118	0	0	0	118
To purchase consumer product other than automobile, truck, or other vehicle	260	0	0	0	260
Other	802	157	0	36	610
Not reported	128	0	128	0	0
Properties that refinanced and did not receive cash back	5922	450	67	74	5331
Properties that refinanced and did not report if received cash back	1773	31	563	217	963
Properties that did not refinance	77769	4236	4519	7025	61989
Not available	0	0	0	0	0
Purpose of Second Mortgage Properties with second mortgage	9595	998	336	1186	7074
Provide funds for the purchase of this property	4313	386	47	656	3224
Provide funds for additions, improvements or repairs to this property	1996	154	155	253	1433
Provide funds for consolidation of debts	347	0	0	0	347
Provide funds for investment in other real estate	808	0	0	224	584
Provide funds for other types of investments	10	0	10	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	835	197	0	9	629
Not reported	1286	261	124	44	857
Other properties	89662	4695	5664	7406	71897
Purpose of Line of Credit Properties with second mortgage or line of credit	2397	65	102	253	1977
Provide funds for additions, improvements or repairs to this property	771	0	0	0	771
Provide funds for consolidation of debts	108	0	0	0	108
Provide funds for investment in other real estate	230	0	48	0	182
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	219	0	0	0	219
Provide funds to purchase another type of consumer product	0	0	0	0	0
Other reasons	276	65	0	0	211
Not reported	794	0	54	253	487
Other properties	96859	5628	5898	8338	76994
Year First Mortgage Made or Assumed 1999 to 2001 (part)	31904	1360	1878	3358	25309
1997 and 1998	19485	897	327	1547	16715
1995 and 1996	9678	600	423	874	7781
1990 to 1994	18431	1161	2241	941	14088
1985 to 1989	12770	1255	669	563	10282
1980 to 1984	1193	173	95	0	925
1979 or earlier	5795	247	367	1309	3872
Traditional First Mortgage Loan Less than $50,000	2612	187	0	538	1887
$50,000 to $99,999	2832	211	222	0	2400
$100,000 to $149,999	8049	965	66	67	6951
$150,000 to $199,999	10843	145	793	1586	8320
$200,000 to $249,999	8681	1123	53	700	6806
$250,000 to $299,999	8709	310	581	1258	6560
$300,000 to $399,999	10705	361	272	1349	8723
$400,000 to $499,999	9838	582	954	391	7910
$500,000 to $749,999	17303	459	703	1321	14821
$750,000 to $999,999	6078	616	887	527	4048
$1,000,000 to $1,499,999	5980	346	762	502	4370
$1,500,000 to $1,999,999	2513	120	314	102	1977
$2,000,000 or more	1636	21	153	149	1313
Not reported	3478	249	242	101	2886
Median	345838	255312	477148	303385	347346
Mean	488238	428172	680402	458370	481326
Total Mortgage Loan Less than $50,000	2612	187	0	538	1887
$50,000 to $99,999	2797	211	186	0	2400
$100,000 to $149,999	6679	965	66	67	5581
$150,000 to $199,999	10668	145	828	1586	8109
$200,000 to $249,999	8034	1123	53	296	6563
$250,000 to $299,999	8587	310	581	1444	6252
$300,000 to $399,999	10930	229	272	1567	8861
$400,000 to $499,999	9232	552	903	391	7386
$500,000 to $749,999	18812	436	693	1321	16361
$750,000 to $999,999	6708	708	939	518	4543
$1,000,000 to $1,499,999	5753	381	689	468	4215
$1,500,000 to $1,999,999	3055	178	358	102	2417
$2,000,000 or more	1914	21	191	193	1510
Not reported	3478	249	242	101	2886
Median	363916	250653	479114	316809	368183
Mean	515801	458013	702979	473384	510504
Traditional First Mortgage Outstanding Debt Less than $50,000	4373	187	96	1261	2829
$50,000 to $99,999	7091	677	287	101	6025
$100,000 to $149,999	11828	649	608	940	9631
$150,000 to $199,999	9733	1022	479	520	7712
$200,000 to $249,999	9131	455	0	737	7938
$250,000 to $299,999	6723	308	287	843	5285
$300,000 to $399,999	11103	620	864	1233	8386
$400,000 to $499,999	10349	211	722	666	8750
$500,000 to $749,999	12728	481	859	1173	10215
$750,000 to $999,999	4860	554	502	550	3254
$1,000,000 to $1,499,999	4883	170	804	283	3626
$1,500,000 to $1,999,999	1699	104	105	66	1424
$2,000,000 or more	1280	9	145	115	1011
Not reported	3478	249	242	101	2886
Median	286333	214920	428464	288664	280235
Mean	422716	369894	591672	396895	416590
Total Mortgage Outstanding Debt Less than $50,000	4050	187	96	1044	2725
$50,000 to $99,999	6310	677	252	319	5062
$100,000 to $149,999	11741	614	608	940	9578
$150,000 to $199,999	9483	1022	514	520	7426
$200,000 to $249,999	8252	455	0	551	7246
$250,000 to $299,999	7426	308	287	1029	5802
$300,000 to $399,999	10039	196	864	1233	7745
$400,000 to $499,999	10977	369	670	666	9271
$500,000 to $749,999	13819	652	850	1173	11144
$750,000 to $999,999	5033	624	564	541	3304
$1,000,000 to $1,499,999	4978	227	804	249	3698
$1,500,000 to $1,999,999	2178	104	67	110	1897
$2,000,000 or more	1493	9	182	115	1186
Not reported	3478	249	242	101	2886
Median	296892	218731	433469	289658	293580
Mean	431645	379324	587889	405870	426350
Current Interest Rate on First Mortgage Less than 6.0 percent	43188	1558	2042	4343	35244
6.0 percent	1058	298	0	0	759
6.1 to 6.4 percent	3540	29	0	0	3511
6.5 to 6.9 percent	5838	9	814	0	5015
7.0 percent	7256	16	173	325	6742
7.1 to 7.4 percent	4047	217	491	482	2857
7.5 to 7.9 percent	3566	324	10	164	3068
8.0 percent	2469	0	349	33	2087
8.1 to 8.4 percent	2049	120	190	0	1738
8.5 to 8.9 percent	5012	1093	163	0	3756
9.0 percent	1305	180	356	34	736
9.1 to 9.4 percent	1047	99	0	0	948
9.5 to 9.9 percent	964	12	40	0	912
10.0 percent	730	0	0	0	730
10.1 to 10.4 percent	234	234	0	0	0
10.5 to 10.9 percent	285	0	0	0	285
11.0 percent	1222	0	53	260	909
11.1 to 12.9 percent	1361	1028	87	186	60
13.0 percent	273	0	0	0	273
13.1 percent or more	13814	475	1232	2765	9342
Not reported	0	0	0	0	0
Median	6.7	8.6	7.1	5.9	6.5
Type of Interest Rate Buydown Properties with interest rate buydown	223	0	167	0	55
Constant payment	55	0	0	0	55
3-2-1 buydown	0	0	0	0	0
Other	167	0	167	0	0
Not reported	0	0	0	0	0
Properties without interest rate buydown	34866	494	2420	410	31543
Not reported	64167	5199	3413	8182	47373
Term of First Mortgage Less than 5 years	670	0	0	186	484
5 years	2234	0	0	0	2234
6 to 9 years	746	459	5	0	282
10 years	3484	0	27	72	3384
11 to 14 years	32	0	0	0	32
15 years	4432	0	415	0	4017
16 to 19 years	0	0	0	0	0
20 years	1541	0	185	0	1356
21 to 24 years	0	0	0	0	0
25 years	604	0	38	0	565
26 to 29 years	89	0	0	0	89
30 years	31428	5047	795	672	24913
More than 30 years	1617	187	1080	0	350
No stated term	52379	0	3453	7661	41265
Median	30	30	31	30	30
Unexpired Term of First Mortgage Less than 5 years	2209	35	5	186	1982
5 to 9 years	7724	726	443	133	6422
10 to 14 years	2880	545	0	5	2331
15 to 19 years	8048	859	636	125	6428
20 to 24 years	8759	1319	315	0	7125
25 to 29 years	13267	2080	417	482	10288
30 or more years	3990	129	732	0	3129
No stated term or not computed	52379	0	3453	7661	41265
Median	21	23	23	25	21
Holder of First Mortgage Commercial bank or trust company	18622	1660	976	2436	13550
Savings and loan association, federal savings bank	23670	509	1526	1584	20051
Mutual savings bank	1941	92	0	144	1706
Life insurance company	2417	54	0	38	2325
Mortgage banker or mortgage company	6691	0	0	44	6648
Federally-sponsored secondary market agency or pool	27396	2335	1865	3954	19242
Conventional mortgage pool	64	0	0	0	64
Other federal agency	2200	380	1009	0	810
Real estate investment trust	0	0	0	0	0
Pension or retirement fund	186	0	40	0	145
Credit union	1819	97	62	34	1626
Finance company	855	0	30	0	825
State or municipal government or housing finance agency	3813	271	307	32	3203
Individual or individual's estate	5780	0	185	326	5269
Other	3804	296	0	0	3508
Servicer of First Mortgage Commercial bank or trust company	18940	1660	976	2436	13867
Savings and loan association, federal savings bank	25004	509	1816	1584	21094
Mutual savings bank	1941	92	0	144	1706
Life insurance company	2153	54	0	38	2061
Mortgage banker or mortgage company	33824	2335	1574	3997	25918
Federally-sponsored secondary market agency or pool	0	0	0	0	0
Conventional mortgage pool	341	0	0	0	341
Other federal agency	2144	380	1009	0	755
Real estate investment trust	0	0	0	0	0
Pension or retirement fund	33	0	0	0	33
Credit union	1819	97	62	34	1626
Finance company	738	0	30	0	708
State or municipal government or housing finance agency	3750	271	347	32	3100
Individual or individual's estate	4665	0	0	326	4339
Other	3903	296	185	0	3423
Holder's Acquisition of First Mortgage Originated directly from borrower	62214	3728	2639	4033	51815
Purchased from present servicer	18413	885	2484	960	14083
Purchased from someone else	18630	1080	877	3598	13074
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	70182	3703	4422	6400	55656
Less than 40 percent	3353	98	339	65	2850
40 to 49 percent	2354	162	45	250	1896
50 to 59 percent	6444	430	294	440	5280
60 to 69 percent	9763	122	313	1531	7797
70 to 79 percent	15598	1197	735	1775	11891
80 to 89 percent	10047	861	1000	964	7222
90 to 94 percent	2609	0	185	363	2061
95 to 99 percent	1677	123	361	66	1128
100 percent or more	15278	462	973	947	12897
Not reported	3059	249	177	0	2634
Median	77	78	84	75	77
Other properties	29075	1990	1578	2191	23315
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	70182	3703	4422	6400	55656
Less than 40 percent	5898	98	238	251	5310
40 to 49 percent	1990	162	0	289	1539
50 to 59 percent	5266	430	10	288	4539
60 to 69 percent	18413	180	1355	2305	14573
70 to 79 percent	17788	1197	1387	1709	13495
80 to 89 percent	7337	861	341	964	5171
90 to 94 percent	2101	0	68	363	1670
95 to 99 percent	1060	65	434	66	494
100 percent or more	7543	462	413	164	6504
Not reported	2786	249	177	0	2361
Median	71	77	74	70	71
Other properties	29075	1990	1578	2191	23315
Not available	0	0	0	0	0
First Mortgage Risk Subprime loan	6315	1199	77	736	4304
Not subprime loan	92941	4495	5923	7856	74668
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	70182	3703	4422	6400	55656
Less than 40 percent	3233	98	287	65	2783
40 to 49 percent	1821	0	87	250	1483
50 to 59 percent	5646	373	294	314	4664
60 to 69 percent	9193	341	240	1461	7152
70 to 79 percent	14525	711	733	1551	11531
80 to 89 percent	10168	1210	1047	711	7201
90 to 94 percent	3116	0	185	811	2120
95 to 99 percent	1905	65	361	290	1189
100 percent or more	17515	657	1011	947	14900
Not reported	3059	249	177	0	2634
Median	79	82	85	77	79
Other properties	29075	1990	1578	2191	23315
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	70182	3703	4422	6400	55656
Less than 40 percent	14423	491	433	1061	12438
40 to 49 percent	7273	33	505	728	6006
50 to 59 percent	11512	1095	1115	821	8481
60 to 69 percent	11605	929	528	2068	8079
70 to 79 percent	9385	256	387	681	8060
80 to 89 percent	5908	604	324	34	4946
90 to 94 percent	1358	0	161	363	834
95 to 99 percent	735	0	115	66	554
100 percent or more	5197	47	677	577	3896
Not reported	2786	249	177	0	2361
Median	60	61	61	63	60
Other properties	29075	1990	1578	2191	23315
Not available	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	10128	669	459	1369	7631
20 to 29 percent	8521	556	82	761	7122
30 to 39 percent	12631	301	531	1165	10634
40 to 49 percent	13918	1752	1308	402	10455
50 to 59 percent	14165	981	721	1697	10765
60 to 69 percent	17320	669	1118	1828	13705
70 to 79 percent	9469	433	405	177	8454
80 to 89 percent	3137	36	581	66	2454
90 to 99 percent	1730	35	231	500	964
100 percent or more	4760	12	323	525	3900
Not reported or not computed	3478	249	242	101	2886
Median	52	47	57	53	52
Index Used to Adjust Interest Rate on ARM Properties with adjustable rate first mortgage	39495	1426	1418	2803	33847
Treasury security	3754	459	0	0	3295
Average cost of funds in bank district	21329	0	1158	125	20046
National average cost of funds	448	0	0	0	448
OTS contract mortgage rate	0	0	0	0	0
Other method	4229	0	0	510	3718
No index used	143	0	82	0	61
Not reported	9592	967	178	2168	6279
Other properties	59761	4267	4582	5789	45124
Not reported	0	0	0	0	0
Frequency With Which Rate Can Be Adjusted Properties with adjustable rate first mortgage	39495	1426	1418	2803	33847
Monthly	21158	0	681	125	20352
Every 3 months	1051	0	0	0	1051
Every 6 months	4004	0	51	482	3470
Yearly	1742	0	426	0	1316
Every 3 years	255	0	0	0	255
Every 5 years	720	0	0	28	691
Other	710	459	0	0	251
Not reported	9855	967	260	2168	6460
Other properties	59761	4267	4582	5789	45124
Not reported	0	0	0	0	0
Caps on Interest Rate Per Adjustment Period Properties with adjustable rate first mortgage	39495	1426	1418	2803	33847
Less than 1 percent	1853	0	51	0	1802
1 percent	51	0	0	0	51
1.1 to 1.9 percent	1093	0	0	0	1093
2 percent	1728	0	426	0	1302
2.1 to 2.9 percent	1540	0	0	0	1540
3 percent	601	0	0	0	601
3.1 to 3.9 percent	442	0	0	0	442
4.0 percent or more	1314	0	0	0	1314
No caps	19860	459	681	154	18566
Not reported	11013	967	260	2649	7137
Other properties	59761	4267	4582	5789	45124
Not reported	0	0	0	0	0
Caps on Interest Rate Over Life of ARM Properties with adjustable rate first mortgage	39495	1426	1418	2803	33847
Less than 1 percent	1624	0	0	0	1624
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	166	0	0	0	166
3 percent	448	0	0	0	448
3.1 to 3.9 percent	456	0	167	0	288
4.0 percent or more	17115	0	767	125	16223
No caps	5587	0	0	28	5559
Not reported	14099	1426	484	2649	9539
Other properties	59761	4267	4582	5789	45124
Not reported	0	0	0	0	0
Interest Rate Changed Since Mortgage Made Properties with adjustable rate first mortgage	39495	1426	1418	2803	33847
Yes, rate has changed	27116	459	1158	125	25373
No change since mortgage made	2234	0	82	28	2124
Not reported	10145	967	178	2649	6350
Other properties	59761	4267	4582	5789	45124
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	7224	0	939	125	6159
Payments can change monthly	70	0	0	0	70
Payments can change every three months	326	0	0	0	326
Payments can change every six months	309	0	0	0	309
Payments can change yearly	6310	0	939	125	5245
Payments can change every 3 years	209	0	0	0	209
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	81764	4726	4883	5817	66338
Not reported	10269	967	178	2649	6474
First Mortgage Allows for Negative Amortization Monthly payments can change (other than change in interest rate)	7224	0	939	125	6159
Yes, unrestricted negative amortization	163	0	93	0	70
Yes, restricted negative amortization	5642	0	588	125	4929
No negative amortization allowed	1359	0	258	0	1101
Not reported	60	0	0	0	60
Monthly payments cannot change	81764	4726	4883	5817	66338
Not reported	10269	967	178	2649	6474
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal	94019	5297	5853	8466	74402
Interest and principal	93757	5297	5813	8280	74367
Fully amortized	80222	5222	4205	7922	62874
Not fully amortized	13535	75	1608	358	11493
Interest only	262	0	40	186	35
No regular payments required	2066	58	82	65	1861
Not reported	3172	339	65	60	2708
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	93757	5297	5813	8280	74367
Real estate taxes	12804	35	195	607	11968
Property insurance	5988	0	232	0	5756
Mortgage insurance	816	35	0	0	781
Other	2472	0	37	486	1949
No items included or not reported	80135	5262	5581	7669	61623
No regular payments of interest and principal	5499	396	187	311	4604
Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of interest and/or principal	97191	5636	5918	8526	77111
Less than $100	9496	576	1227	799	6895
$100 to $199	23111	2124	1308	2317	17362
$200 to $299	27753	1439	1807	1088	23420
$300 to $399	12575	393	775	1540	9867
$400 to $499	7315	215	339	1398	5364
$500 to $599	3259	0	319	790	2150
$600 to $699	2388	460	51	0	1877
$700 to $799	1392	92	28	34	1239
$800 to $899	1112	0	0	337	775
$900 to $999	1207	0	0	0	1207
$1,000 to $1,249	898	0	0	0	898
$1,250 to $1,499	96	0	0	0	96
$1,500 or more	3417	0	0	164	3253
Not reported	3172	339	65	60	2708
Median	252	198	222	302	255
Mean	513	257	230	375	569
No regular payments required	2066	58	82	65	1861
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	97191	5636	5918	8526	77111
Up-to-date, ahead of schedule, or less than 90 days past due	39913	494	2505	865	36048
Delinquent by 90 days or more	172	0	0	0	172
Legal proceedings have begun	0	0	0	0	0
Legal proceedings have not begun	172	0	0	0	172
Not reported	0	0	0	0	0
Not reported	57105	5141	3413	7661	40890
Other properties	2066	58	82	65	1861
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal	97191	5636	5918	8526	77111
Less than $100	11888	873	1292	641	9082
$100 to $199	22365	2027	1247	2349	16742
$200 to $299	28212	1485	1868	1265	23594
$300 to $399	12361	266	737	1297	10061
$400 to $499	7193	271	339	1175	5408
$500 to $599	3976	162	319	1265	2229
$600 to $699	2436	198	89	0	2149
$700 to $799	1909	353	28	34	1494
$800 to $899	1174	0	0	337	837
$900 to $999	1207	0	0	0	1207
$1,000 to $1,249	851	0	0	0	851
$1,250 to $1,499	202	0	0	0	202
$1,500 or more	3417	0	0	164	3253
Not reported	0	0	0	0	0
Median	251	196	222	301	254
Mean	505	257	231	385	557
No regular payments required	2066	58	82	65	1861
Interest and Principal Payment on First Mortgage as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or princi	78429	4834	5084	6212	62298
Less than 20 percent	7118	558	1011	785	4764
20 to 29 percent	11438	555	881	1568	8434
30 to 39 percent	13555	867	441	579	11667
40 to 49 percent	12680	439	491	490	11259
50 to 59 percent	9422	704	1126	773	6819
60 to 69 percent	4975	16	216	331	4411
70 to 79 percent	4610	57	252	414	3887
80 to 89 percent	1754	87	251	344	1071
90 to 99 percent	1049	524	0	0	525
100 percent or more	11554	1026	413	927	9187
Not reported or not computed	273	0	0	0	273
Median	45	50	44	44	45
Other properties	20828	860	916	2379	16673
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	78877	4834	5084	6212	62747
Less than 20 percent	7201	558	959	567	5117
20 to 29 percent	10936	479	881	1785	7791
30 to 39 percent	12951	805	483	570	11092
40 to 49 percent	12674	439	491	490	11253
50 to 59 percent	9310	577	1136	559	7039
60 to 69 percent	5890	178	216	555	4941
70 to 79 percent	4686	103	252	414	3916
80 to 89 percent	2296	87	251	344	1612
90 to 99 percent	990	524	0	0	466
100 percent or more	11670	1083	413	927	9247
Not reported or not computed	273	0	0	0	273
Median	46	52	44	44	46
Other properties	20379	860	916	2379	16225
Real Estate Tax Per Housing Unit Acquired before 2000	82740	5172	5231	6278	66059
Less than $100	5954	241	400	421	4892
$100 to $199	6676	491	94	523	5569
$200 to $299	9721	657	1315	1010	6740
$300 to $399	13100	758	719	1296	10326
$400 to $499	7905	394	363	538	6610
$500 to $599	8061	879	265	470	6447
$600 to $699	6586	650	612	282	5043
$700 to $799	6069	373	142	336	5218
$800 to $899	5294	249	564	100	4382
$900 to $999	2668	208	0	38	2422
$1,000 to $1,249	4159	112	285	561	3201
$1,250 to $1,499	2515	0	167	703	1645
$1,500 to $1,999	2105	0	181	0	1924
$2,000 to $2,499	700	0	59	0	641
$2,500 or more	384	162	0	0	222
Not reported	843	0	65	0	778
Median	470	505	415	391	477
Mean	563	557	556	549	565
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Real Estate Tax Per $1,000 Value Acquired before 2000	82740	5172	5231	6278	66059
Less than $5	21006	1467	1117	1382	17040
$5 to $9	30277	1384	1648	3335	23911
$10 to $14	20725	1515	1957	1078	16175
$15 to $19	4326	645	214	165	3302
$20 to $24	1144	0	171	0	973
$25 to $29	912	0	0	0	912
$30 to $39	3505	162	59	317	2967
$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	843	0	65	0	778
Median	8	9	9	8	8
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	82740	5172	5231	6278	66059
Less than 5 percent	15622	607	1466	1098	12451
5 to 9 percent	38845	2239	2118	3341	31147
10 to 14 percent	16656	1623	1205	1166	12661
15 to 19 percent	4911	129	247	482	4053
20 to 24 percent	2441	412	0	0	2029
25 to 29 percent	961	162	0	66	733
30 to 34 percent	989	0	59	0	930
35 to 39 percent	159	0	5	0	154
40 percent or more	1040	0	65	125	850
Not reported or not computed	1116	0	65	0	1051
Median	8	9	8	8	8
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Property Management Property managed by paid property management company	53166	2971	4981	4054	41160
Property not managed by paid property management company	39241	2256	985	4266	31733
Not reported	6850	466	34	272	6078
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	82740	5172	5231	6278	66059
Less than $100	1401	151	32	250	967
$100 to $199	3422	507	128	77	2711
$200 to $299	6106	522	459	83	5041
$300 to $399	6096	85	109	452	5450
$400 to $499	5595	328	438	606	4223
$500 to $599	5166	80	751	59	4276
$600 to $699	3047	559	425	204	1859
$700 to $799	2167	162	166	182	1657
$800 to $899	1219	55	231	255	678
$900 to $999	602	0	117	0	485
$1,000 to $1,249	2749	70	1134	0	1546
$1,250 to $1,499	1172	0	77	32	1063
$1,500 to $1,999	1086	92	130	38	826
$2,000 to $2,499	446	0	27	0	419
$2,500 or more	1503	249	0	34	1221
No expenses	28074	1537	475	3056	23006
Not reported or not computed	12888	777	533	948	10631
Median	469	450	646	445	448
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	82740	5172	5231	6278	66059
Less than $100	742	134	0	88	519
$100 to $199	2956	291	258	64	2343
$200 to $299	5939	402	680	482	4375
$300 to $399	4331	566	163	362	3241
$400 to $499	6160	30	454	730	4946
$500 to $599	5440	588	246	447	4158
$600 to $699	4808	94	136	550	4028
$700 to $799	6439	76	785	166	5412
$800 to $899	3851	569	249	57	2976
$900 to $999	2650	132	178	0	2341
$1,000 to $1,249	6095	105	367	163	5460
$1,250 to $1,499	3866	416	192	569	2689
$1,500 to $1,999	4832	321	164	1025	3321
$2,000 to $2,499	2293	0	0	0	2293
$2,500 or more	5186	57	622	319	4189
No expenses	1448	0	0	242	1205
Not reported or not computed	15704	1391	738	1012	12562
Median	738	579	740	662	747
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	82740	5172	5231	6278	66059
Less than $250	7291	493	119	188	6491
$250 to $499	21042	1128	1161	2015	16738
$500 to $749	20782	1571	1417	1083	16712
$750 to $999	9130	358	855	1552	6366
$1,000 to $1,249	3869	69	373	224	3202
$1,250 to $1,499	1349	0	103	30	1216
$1,500 to $1,749	506	0	0	0	506
$1,750 to $1,999	138	0	0	0	138
$2,000 to $2,499	59	0	0	0	59
$2,500 or more	1824	0	0	0	1824
No expenses	2745	162	346	319	1918
Not reported or not computed	14006	1391	859	867	10889
Median	556	530	629	579	551
Acquired 2000 and 2001 (part)	16517	521	769	2314	12913