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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 MTG. VENTURES, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
COUNTRYWIDE MTG. VENTURES, LLC |
| Address | 35 N. LAKE AVENUE MS 35-148
PASADENA, CA 91101 |
| Agency | Federal Reserve System (FRS) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 25,599 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,140,052,000 |
| Average Mortgage Loan Amount Applied For | $198,103 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $100,440 |
| Highest Applicant Income | $5,100,000 |
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| Home Improvement |
226 | $70,202,000 |
$220,047 | $2,200,000 |
$107,809 | $3,435,000 |
| Home Purchase |
23,861 | $5,642,798,000 |
$214,140 | $3,000,000 |
$99,640 | $5,100,000 |
| Refinancing |
1,583 | $436,827,000 |
$223,906 | $2,960,000 |
$102,281 | $4,000,000 |
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| American Indian or Alaskan Native |
94 | $24,940,000 |
$231,631 | $1,000,000 |
$101,842 | $493,000 |
| Asian |
1,822 | $572,129,000 |
$232,696 | $2,440,000 |
$102,060 | $840,000 |
| Black or African American |
1,343 | $230,039,000 |
$182,968 | $1,500,000 |
$88,281 | $686,000 |
| Hispanic |
3,481 | $688,989,000 |
$188,055 | $2,960,000 |
$91,611 | $3,480,000 |
| Native Hawaiin or Other Pacific Islander |
235 | $69,851,000 |
$228,800 | $1,300,000 |
$106,350 | $1,062,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5,349 | $1,517,186,000 |
$201,095 | $2,302,000 |
$97,000 | $3,000,000 |
| White |
13,346 | $3,046,693,000 |
$220,280 | $3,000,000 |
$105,120 | $5,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
24,328 | $5,952,382,000 |
$215,800 | $3,000,000 |
$103,540 | $5,100,000 |
| FHA-insured (Federal Housing Administration) |
895 | $116,610,000 |
$154,892 | $310,000 |
$53,392 | $282,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
23 | $3,319,000 |
$145,500 | $208,000 |
$47,250 | $70,000 |
| VA-guaranteed (Veterans Administration) |
424 | $77,516,000 |
$211,259 | $496,000 |
$69,222 | $150,000 |
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| Application Approved But Not Accepted |
859 | $205,662,000 |
$192,733 | $1,715,000 |
$94,400 | $1,300,000 |
| Application Denied By Financial Institution |
2,403 | $503,905,000 |
$194,891 | $2,500,000 |
$93,135 | $2,040,000 |
| Application Withdrawn By Applicant |
4,613 | $1,274,468,000 |
$212,863 | $2,440,000 |
$101,613 | $4,000,000 |
| File Closed For Incompleteness |
123 | $29,568,000 |
$192,333 | $958,000 |
$99,333 | $905,000 |
| Loan Originated |
17,627 | $4,129,229,000 |
$217,142 | $3,000,000 |
$101,755 | $5,100,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
45 | $6,995,000 |
$155,000 | $472,000 |
$91,000 | $192,000 |
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| Collateral |
156 | $36,807,000 |
$183,178 | $1,911,000 |
$114,678 | $1,222,000 |
| Credit Application Incomplete |
529 | $119,805,000 |
$189,285 | $2,200,000 |
$102,750 | $2,040,000 |
| Credit History |
356 | $66,160,000 |
$180,259 | $1,645,000 |
$78,814 | $852,000 |
| Debt-To-Income Ratio |
501 | $101,183,000 |
$203,100 | $844,000 |
$66,433 | $372,000 |
| Employment History |
74 | $13,679,000 |
$210,307 | $580,000 |
$81,769 | $363,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
153 | $36,914,000 |
$224,210 | $2,500,000 |
$98,000 | $1,200,000 |
| Mortgage Insurance Denied |
7 | $2,037,000 |
$266,800 | $392,000 |
$36,000 | $90,000 |
| Other |
486 | $96,674,000 |
$205,793 | $2,080,000 |
$100,931 | $1,200,000 |
| Unverifiable Information |
186 | $37,641,000 |
$193,650 | $2,142,000 |
$97,050 | $743,000 |
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Mortgage Loan App Totals for COUNTRYWIDE MTG. VENTURES, LLC by:
Metropolitan Area And
County
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