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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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AAMES FUNDING CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
AAMES FUNDING CORPORATION |
| Address | 15090 AVENUE OF SCIENCE
SAN DIEGO, CA 92128 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 68,283 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,431,241,000 |
| Average Mortgage Loan Amount Applied For | $117,766 |
| Highest Mortgage Loan Amount Applied For | $2,200,000 |
| Average Applicant Income | $64,074 |
| Highest Applicant Income | $7,200,000 |
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| Home Improvement |
331 | $50,664,000 |
$153,000 | $840,000 |
$69,000 | $324,000 |
| Home Purchase |
17,216 | $2,426,477,000 |
$140,000 | $2,000,000 |
$85,000 | $6,000,000 |
| Refinancing |
51,201 | $9,031,185,000 |
$176,000 | $2,200,000 |
$78,000 | $7,200,000 |
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| American Indian or Alaskan Native |
283 | $67,696,000 |
$239,000 | $1,801,000 |
$103,000 | $840,000 |
| Asian |
1,356 | $316,191,000 |
$233,000 | $1,600,000 |
$108,000 | $1,260,000 |
| Black or African American |
15,310 | $2,324,995,000 |
$151,000 | $880,000 |
$76,000 | $5,563,000 |
| Hispanic |
15,316 | $2,826,188,000 |
$184,000 | $2,000,000 |
$83,000 | $4,800,000 |
| Native Hawaiin or Other Pacific Islander |
816 | $169,274,000 |
$207,000 | $800,000 |
$87,000 | $744,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
7,245 | $1,291,153,000 |
$178,000 | $1,000,000 |
$74,000 | $6,000,000 |
| White |
28,422 | $4,512,829,000 |
$158,000 | $2,200,000 |
$79,000 | $7,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
68,748 | $11,508,326,000 |
$167,000 | $2,200,000 |
$80,000 | $7,200,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1,043 | $188,436,000 |
$180,000 | $784,000 |
$83,000 | $700,000 |
| Application Denied By Financial Institution |
17,930 | $2,755,950,000 |
$153,000 | $1,801,000 |
$79,000 | $4,800,000 |
| Application Withdrawn By Applicant |
25,028 | $4,752,009,000 |
$189,000 | $2,200,000 |
$83,000 | $7,200,000 |
| File Closed For Incompleteness |
1,566 | $312,763,000 |
$199,000 | $1,240,000 |
$93,000 | $720,000 |
| Loan Originated |
23,181 | $3,499,168,000 |
$150,000 | $1,190,000 |
$75,000 | $1,311,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2,415 | $361,776,000 |
$149,000 | $1,801,000 |
$81,000 | $2,000,000 |
| Credit Application Incomplete |
8,628 | $1,291,236,000 |
$149,000 | $1,200,000 |
$78,000 | $2,102,000 |
| Credit History |
2,460 | $354,796,000 |
$144,000 | $1,800,000 |
$79,000 | $4,800,000 |
| Debt-To-Income Ratio |
1,003 | $181,347,000 |
$180,000 | $1,000,000 |
$76,000 | $540,000 |
| Employment History |
687 | $126,863,000 |
$184,000 | $800,000 |
$96,000 | $1,200,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
236 | $39,219,000 |
$166,000 | $750,000 |
$82,000 | $360,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2,501 | $400,713,000 |
$160,000 | $1,500,000 |
$79,000 | $1,342,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AAMES FUNDING CORPORATION by:
Metropolitan Area And
County
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