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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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COUNTRYWIDE HOME LOANS
Mortgage Loans and Application Details
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| Mortgage Company Name |
COUNTRYWIDE HOME LOANS |
| Address | 35 N. LAKE AVENUE MS 35-148
PASADENA, CA 91101 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,420,539 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $515,659,361,000 |
| Average Mortgage Loan Amount Applied For | $125,601 |
| Highest Mortgage Loan Amount Applied For | $15,000,000 |
| Average Applicant Income | $69,582 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
99,614 | $20,650,256,000 |
$207,000 | $15,000,000 |
$94,000 | $9,999,000 |
| Home Purchase |
1,201,077 | $237,799,413,000 |
$197,000 | $10,500,000 |
$98,000 | $9,999,000 |
| Refinancing |
1,120,287 | $257,325,102,000 |
$229,000 | $14,000,000 |
$91,000 | $9,999,000 |
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| American Indian or Alaskan Native |
9,428 | $1,835,589,000 |
$194,000 | $4,500,000 |
$91,000 | $3,431,000 |
| Asian |
107,905 | $32,244,037,000 |
$298,000 | $6,875,000 |
$127,000 | $9,999,000 |
| Black or African American |
208,267 | $36,534,942,000 |
$175,000 | $7,875,000 |
$78,000 | $9,999,000 |
| Hispanic |
328,269 | $73,420,947,000 |
$223,000 | $7,125,000 |
$91,000 | $8,160,000 |
| Native Hawaiin or Other Pacific Islander |
12,709 | $3,517,966,000 |
$276,000 | $5,466,000 |
$112,000 | $2,702,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
396,427 | $87,274,052,000 |
$220,000 | $8,300,000 |
$74,000 | $9,999,000 |
| White |
1,357,973 | $280,947,238,000 |
$206,000 | $15,000,000 |
$102,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,302,233 | $499,243,386,000 |
$216,000 | $15,000,000 |
$97,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
92,875 | $12,209,064,000 |
$131,000 | $1,288,000 |
$48,000 | $4,604,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3,021 | $297,302,000 |
$98,000 | $1,988,000 |
$32,000 | $100,000 |
| VA-guaranteed (Veterans Administration) |
22,849 | $4,025,019,000 |
$176,000 | $626,000 |
$57,000 | $1,440,000 |
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| Application Approved But Not Accepted |
31,593 | $7,159,550,000 |
$226,000 | $5,888,000 |
$109,000 | $9,999,000 |
| Application Denied By Financial Institution |
281,590 | $59,324,301,000 |
$210,000 | $15,000,000 |
$98,000 | $9,999,000 |
| Application Withdrawn By Applicant |
218,358 | $48,695,856,000 |
$223,000 | $9,750,000 |
$102,000 | $9,999,000 |
| File Closed For Incompleteness |
19,570 | $4,178,562,000 |
$213,000 | $8,520,000 |
$104,000 | $9,668,000 |
| Loan Originated |
833,855 | $175,303,594,000 |
$210,000 | $14,000,000 |
$101,000 | $9,999,000 |
| Loan Purchased By The Institution |
1,035,573 | $220,997,498,000 |
$213,000 | $10,016,000 |
$86,000 | $9,999,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
439 | $115,410,000 |
$262,000 | $3,520,000 |
$162,000 | $9,999,000 |
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| Collateral |
57,316 | $11,639,237,000 |
$203,000 | $10,000,000 |
$97,000 | $9,999,000 |
| Credit Application Incomplete |
46,499 | $11,501,469,000 |
$247,000 | $7,800,000 |
$112,000 | $9,999,000 |
| Credit History |
47,567 | $8,509,210,000 |
$178,000 | $6,090,000 |
$83,000 | $4,218,000 |
| Debt-To-Income Ratio |
34,847 | $6,401,477,000 |
$183,000 | $8,250,000 |
$68,000 | $4,589,000 |
| Employment History |
5,212 | $859,066,000 |
$164,000 | $3,440,000 |
$80,000 | $1,547,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6,477 | $1,512,441,000 |
$233,000 | $9,100,000 |
$103,000 | $6,900,000 |
| Mortgage Insurance Denied |
414 | $117,439,000 |
$283,000 | $2,100,000 |
$105,000 | $780,000 |
| Other |
50,737 | $11,632,824,000 |
$229,000 | $15,000,000 |
$115,000 | $9,999,000 |
| Unverifiable Information |
32,947 | $7,262,693,000 |
$220,000 | $7,100,000 |
$109,000 | $9,999,000 |
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Mortgage Loan App Totals for COUNTRYWIDE HOME LOANS by:
Metropolitan Area And
County
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