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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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BEAR STEARNS RESIDENTIAL MORTG
Mortgage Loans and Application Details
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| Mortgage Company Name |
BEAR STEARNS RESIDENTIAL MORTG |
| Address | 9201 E. MOUNTAIN VIEW RD, STE 210
SCOTTSDALE, AZ 85032 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 34,758 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,077,226,000 |
| Average Mortgage Loan Amount Applied For | $172,880 |
| Highest Mortgage Loan Amount Applied For | $4,500,000 |
| Average Applicant Income | $85,859 |
| Highest Applicant Income | $8,644,000 |
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| Home Improvement |
51 | $4,555,000 |
$89,000 | $611,000 |
$129,000 | $885,000 |
| Home Purchase |
21,393 | $4,716,030,000 |
$220,000 | $2,599,000 |
$99,000 | $3,941,000 |
| Refinancing |
13,314 | $3,356,641,000 |
$252,000 | $4,500,000 |
$103,000 | $8,644,000 |
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| American Indian or Alaskan Native |
84 | $23,074,000 |
$274,000 | $1,268,000 |
$125,000 | $1,934,000 |
| Asian |
2,952 | $805,253,000 |
$272,000 | $2,438,000 |
$108,000 | $840,000 |
| Black or African American |
3,659 | $760,137,000 |
$207,000 | $2,000,000 |
$95,000 | $2,225,000 |
| Hispanic |
10,166 | $2,297,916,000 |
$226,000 | $2,000,000 |
$83,000 | $2,400,000 |
| Native Hawaiin or Other Pacific Islander |
416 | $105,699,000 |
$254,000 | $1,996,000 |
$93,000 | $1,200,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3,757 | $897,463,000 |
$238,000 | $4,250,000 |
$95,000 | $1,800,000 |
| White |
13,724 | $3,187,684,000 |
$232,000 | $4,500,000 |
$115,000 | $8,644,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
34,758 | $8,077,226,000 |
$232,000 | $4,500,000 |
$101,000 | $8,644,000 |
| 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 |
2,873 | $715,229,000 |
$248,000 | $3,000,000 |
$122,000 | $1,934,000 |
| Application Withdrawn By Applicant |
8,722 | $2,107,147,000 |
$241,000 | $2,000,000 |
$107,000 | $3,406,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
19,715 | $4,372,980,000 |
$221,000 | $4,500,000 |
$93,000 | $8,644,000 |
| Loan Purchased By The Institution |
3,448 | $881,870,000 |
$255,000 | $1,568,000 |
$110,000 | $3,941,000 |
| 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 |
250 | $58,654,000 |
$234,000 | $1,750,000 |
$128,000 | $780,000 |
| Credit Application Incomplete |
25 | $5,309,000 |
$212,000 | $545,000 |
$126,000 | $300,000 |
| Credit History |
84 | $23,702,000 |
$282,000 | $3,000,000 |
$99,000 | $984,000 |
| Debt-To-Income Ratio |
152 | $35,896,000 |
$236,000 | $874,000 |
$124,000 | $360,000 |
| Employment History |
93 | $19,250,000 |
$206,000 | $1,000,000 |
$110,000 | $466,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
15 | $2,577,000 |
$171,000 | $452,000 |
$108,000 | $267,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
305 | $84,885,000 |
$278,000 | $2,000,000 |
$143,000 | $826,000 |
| Unverifiable Information |
139 | $37,778,000 |
$271,000 | $1,495,000 |
$118,000 | $720,000 |
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Mortgage Loan App Totals for BEAR STEARNS RESIDENTIAL MORTG by:
Metropolitan Area And
County
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