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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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CHASE MANHATTAN MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
CHASE MANHATTAN MORTGAGE CORP |
| Address | 343 THORNALL STREET
EDISON, NJ 08837 |
| Agency | Federal Reserve System (FRS) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,099,795 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $193,270,073,000 |
| Average Mortgage Loan Amount Applied For | $110,867 |
| Highest Mortgage Loan Amount Applied For | $40,000,000 |
| Average Applicant Income | $59,260 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
275,557 | $48,681,961,000 |
$166,557 | $4,000,000 |
$71,134 | $9,999,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
824,239 | $144,588,179,000 |
$154,313 | $40,000,000 |
$66,176 | $9,999,000 |
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| American Indian or Alaskan Native |
3,177 | $497,911,000 |
$141,061 | $1,170,000 |
$61,326 | $960,000 |
| Asian or Pacific Islander |
44,709 | $10,631,023,000 |
$171,260 | $3,000,000 |
$80,880 | $5,460,000 |
| Black |
61,588 | $8,382,647,000 |
$135,568 | $2,717,000 |
$60,549 | $9,999,000 |
| Hispanic |
87,090 | $12,994,311,000 |
$135,725 | $14,100,000 |
$56,627 | $5,094,000 |
| Information not provided by applicant in mail or telephone application |
132,219 | $25,557,442,000 |
$161,882 | $40,000,000 |
$82,176 | $9,999,000 |
| Not applicable |
51,275 | $10,670,200,000 |
$130,134 | $7,250,000 |
$0 | $0 |
| Other |
13,405 | $2,546,244,000 |
$158,720 | $2,113,000 |
$73,580 | $4,036,000 |
| White |
706,333 | $121,990,362,000 |
$158,862 | $13,246,000 |
$72,921 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
916,406 | $171,132,731,000 |
$165,615 | $40,000,000 |
$83,250 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
118,692 | $14,369,661,000 |
$120,137 | $13,246,000 |
$29,921 | $2,500,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
19,146 | $1,757,347,000 |
$101,000 | $649,000 |
$28,938 | $850,000 |
| VA-guaranteed (Veterans Administration) |
45,552 | $6,010,401,000 |
$129,411 | $2,017,000 |
$21,470 | $1,560,000 |
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| Application Approved But Not Accepted |
55,737 | $10,437,539,000 |
$154,509 | $13,246,000 |
$68,705 | $9,999,000 |
| Application Denied By Financial Institution |
79,588 | $14,428,313,000 |
$156,490 | $40,000,000 |
$69,745 | $9,999,000 |
| Application Withdrawn By Applicant |
18,824 | $3,335,230,000 |
$161,941 | $2,600,000 |
$75,313 | $9,999,000 |
| File Closed For Incompleteness |
21,473 | $4,024,156,000 |
$170,078 | $3,500,000 |
$71,882 | $9,999,000 |
| Loan Originated |
619,398 | $111,789,670,000 |
$158,921 | $3,000,000 |
$78,470 | $9,999,000 |
| Loan Purchased By The Institution |
304,776 | $49,255,232,000 |
$148,230 | $7,250,000 |
$51,384 | $4,247,000 |
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| Collateral |
7,402 | $1,216,200,000 |
$150,000 | $2,113,000 |
$80,220 | $2,754,000 |
| Credit Application Incomplete |
50,789 | $9,271,502,000 |
$154,784 | $14,100,000 |
$74,411 | $9,999,000 |
| Credit History |
7,833 | $1,315,406,000 |
$151,411 | $40,000,000 |
$59,901 | $2,615,000 |
| Debt-To-Income Ratio |
8,476 | $1,708,896,000 |
$179,980 | $3,000,000 |
$49,500 | $1,800,000 |
| Employment History |
222 | $41,718,000 |
$169,641 | $1,000,000 |
$65,589 | $550,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
532 | $116,273,000 |
$180,355 | $1,500,000 |
$99,133 | $2,817,000 |
| Mortgage Insurance Denied |
13 | $1,913,000 |
$133,555 | $320,000 |
$62,666 | $150,000 |
| Other |
2,709 | $471,591,000 |
$156,180 | $1,900,000 |
$79,660 | $3,177,000 |
| Unverifiable Information |
1,612 | $284,814,000 |
$156,617 | $2,000,000 |
$73,297 | $1,544,000 |
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Mortgage Loan App Totals for CHASE MANHATTAN MORTGAGE CORP by:
Metropolitan Area And
County
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