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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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ASTORIA FEDERAL MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
ASTORIA FEDERAL MORTGAGE CORP. |
| Address | 2000 MARCUS AVENUE
LAKE SUCCESS, NY 11042 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,320 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,637,787,000 |
| Average Mortgage Loan Amount Applied For | $455,938 |
| Highest Mortgage Loan Amount Applied For | $9,500,000 |
| Average Applicant Income | $118,882 |
| Highest Applicant Income | $3,892,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,616 | $840,979,000 |
$520,000 | $6,720,000 |
$154,000 | $3,362,000 |
| Refinancing |
3,706 | $1,797,496,000 |
$485,000 | $9,500,000 |
$152,000 | $3,892,000 |
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| American Indian or Alaskan Native |
3 | $940,000 |
$313,000 | $508,000 |
$119,000 | $173,000 |
| Asian |
291 | $139,128,000 |
$478,000 | $1,500,000 |
$163,000 | $804,000 |
| Black or African American |
264 | $87,340,000 |
$330,000 | $1,000,000 |
$111,000 | $487,000 |
| Hispanic |
246 | $86,020,000 |
$349,000 | $2,000,000 |
$123,000 | $1,255,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $4,798,000 |
$533,000 | $1,000,000 |
$208,000 | $716,000 |
| Not applicable |
1,053 | $632,839,000 |
$600,000 | $9,500,000 |
$0 | $0 |
| Not Provided |
343 | $175,019,000 |
$510,000 | $2,000,000 |
$205,000 | $1,154,000 |
| White |
3,113 | $1,512,391,000 |
$485,000 | $2,500,000 |
$203,000 | $3,892,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,322 | $2,638,475,000 |
$495,000 | $9,500,000 |
$153,000 | $3,892,000 |
| 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 |
350 | $169,868,000 |
$485,000 | $4,640,000 |
$176,000 | $1,080,000 |
| Application Denied By Financial Institution |
437 | $186,331,000 |
$426,000 | $3,825,000 |
$140,000 | $1,046,000 |
| Application Withdrawn By Applicant |
82 | $50,750,000 |
$618,000 | $8,600,000 |
$154,000 | $1,049,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,552 | $1,847,161,000 |
$520,000 | $9,500,000 |
$190,000 | $3,892,000 |
| Loan Purchased By The Institution |
899 | $383,677,000 |
$426,000 | $1,500,000 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
2 | $688,000 |
$344,000 | $355,000 |
$76,000 | $104,000 |
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| Collateral |
81 | $28,297,000 |
$349,000 | $1,048,000 |
$163,000 | $576,000 |
| Credit Application Incomplete |
13 | $4,494,000 |
$345,000 | $1,080,000 |
$130,000 | $516,000 |
| Credit History |
65 | $28,116,000 |
$432,000 | $3,825,000 |
$114,000 | $496,000 |
| Debt-To-Income Ratio |
199 | $86,613,000 |
$435,000 | $2,240,000 |
$123,000 | $1,046,000 |
| Employment History |
11 | $2,960,000 |
$269,000 | $444,000 |
$89,000 | $226,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
14 | $8,604,000 |
$614,000 | $1,170,000 |
$252,000 | $955,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
51 | $24,993,000 |
$490,000 | $1,300,000 |
$181,000 | $924,000 |
| Unverifiable Information |
5 | $2,942,000 |
$588,000 | $1,243,000 |
$154,000 | $286,000 |
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Mortgage Loan App Totals for ASTORIA FEDERAL MORTGAGE CORP. by:
Metropolitan Area And
County
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