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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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HSBC BANK USA, NA
Mortgage Loans and Application Details
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| Mortgage Company Name |
HSBC BANK USA, NA |
| Address | 1 HSBC CENTER - 24TH FLOOR
BUFFALO, NY 14203 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 93,320 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,618,971,000 |
| Average Mortgage Loan Amount Applied For | $126,578 |
| Highest Mortgage Loan Amount Applied For | $65,150,000 |
| Average Applicant Income | $1,038 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
4,610 | $347,719,000 |
$75,000 | $50,000,000 |
$46,000 | $846,000 |
| Home Purchase |
49,557 | $9,453,608,000 |
$190,000 | $65,150,000 |
$0 | $9,999,000 |
| Refinancing |
39,153 | $8,817,644,000 |
$225,000 | $38,000,000 |
$0 | $2,300,000 |
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| American Indian or Alaskan Native |
21 | $230,000 |
$10,000 | $25,000 |
$62,000 | $250,000 |
| Asian |
116 | $11,082,000 |
$95,000 | $2,860,000 |
$56,000 | $303,000 |
| Black or African American |
322 | $4,096,000 |
$12,000 | $510,000 |
$47,000 | $202,000 |
| Hispanic |
222 | $4,311,000 |
$19,000 | $480,000 |
$55,000 | $846,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $470,000 |
$52,000 | $350,000 |
$76,000 | $122,000 |
| Not applicable |
89,754 | $18,495,165,000 |
$206,000 | $65,150,000 |
$0 | $1,200,000 |
| Not Provided |
902 | $18,010,000 |
$19,000 | $4,000,000 |
$79,000 | $2,300,000 |
| White |
1,974 | $85,607,000 |
$43,000 | $15,500,000 |
$72,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
93,316 | $18,618,544,000 |
$199,000 | $65,150,000 |
$2,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
2 | $257,000 |
$128,000 | $161,000 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $170,000 |
$85,000 | $120,000 |
$0 | $0 |
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| Application Approved But Not Accepted |
421 | $10,067,000 |
$23,000 | $1,500,000 |
$76,000 | $700,000 |
| Application Denied By Financial Institution |
1,159 | $53,337,000 |
$46,000 | $5,000,000 |
$54,000 | $2,300,000 |
| Application Withdrawn By Applicant |
37 | $77,521,000 |
$2,095,000 | $44,000,000 |
$56,000 | $303,000 |
| File Closed For Incompleteness |
59 | $14,435,000 |
$244,000 | $6,160,000 |
$72,000 | $400,000 |
| Loan Originated |
2,017 | $626,432,000 |
$310,000 | $65,150,000 |
$74,000 | $9,999,000 |
| Loan Purchased By The Institution |
89,627 | $17,837,179,000 |
$199,000 | $50,000,000 |
$0 | $0 |
| 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 |
5 | $442,000 |
$88,000 | $350,000 |
$63,000 | $94,000 |
| Credit Application Incomplete |
1 | $100,000 |
$100,000 | $100,000 |
$0 | $0 |
| Credit History |
1,001 | $17,072,000 |
$17,000 | $1,999,000 |
$54,000 | $733,000 |
| Debt-To-Income Ratio |
63 | $12,402,000 |
$196,000 | $5,000,000 |
$45,000 | $300,000 |
| Employment History |
5 | $105,000 |
$21,000 | $25,000 |
$24,000 | $65,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $6,125,000 |
$1,531,000 | $2,200,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
77 | $16,701,000 |
$216,000 | $4,000,000 |
$61,000 | $2,300,000 |
| Unverifiable Information |
3 | $390,000 |
$130,000 | $350,000 |
$70,000 | $120,000 |
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Mortgage Loan App Totals for HSBC BANK USA, NA by:
Metropolitan Area And
County
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