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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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AMALGAMATED BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMALGAMATED BANK |
| Address | 15 UNION SQUARE
NEW YORK, NY 10003 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 456 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $196,742,000 |
| Average Mortgage Loan Amount Applied For | $383,319 |
| Highest Mortgage Loan Amount Applied For | $2,512,000 |
| Average Applicant Income | $29,388 |
| Highest Applicant Income | $777,000 |
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| Home Improvement |
4 | $150,000 |
$37,000 | $75,000 |
$51,000 | $90,000 |
| Home Purchase |
119 | $58,441,000 |
$491,000 | $2,512,000 |
$58,000 | $777,000 |
| Refinancing |
333 | $138,151,000 |
$414,000 | $1,000,000 |
$32,000 | $340,000 |
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| American Indian or Alaskan Native |
1 | $940,000 |
$940,000 | $940,000 |
$45,000 | $45,000 |
| Asian |
20 | $10,724,000 |
$536,000 | $724,000 |
$35,000 | $210,000 |
| Black or African American |
42 | $11,816,000 |
$281,000 | $1,000,000 |
$63,000 | $292,000 |
| Hispanic |
20 | $7,009,000 |
$350,000 | $700,000 |
$39,000 | $144,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $520,000 |
$520,000 | $520,000 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
197 | $84,362,000 |
$428,000 | $978,000 |
$18,000 | $289,000 |
| White |
175 | $81,371,000 |
$464,000 | $2,512,000 |
$58,000 | $777,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
456 | $196,742,000 |
$431,000 | $2,512,000 |
$39,000 | $777,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2 | $125,000 |
$62,000 | $75,000 |
$36,000 | $57,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
2 | $25,000 |
$12,000 | $15,000 |
$66,000 | $90,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Purchased By The Institution |
452 | $196,592,000 |
$434,000 | $2,512,000 |
$39,000 | $777,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
2 | $125,000 |
$62,000 | $75,000 |
$36,000 | $57,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMALGAMATED BANK by:
Metropolitan Area And
County
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