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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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HUDSON CITY SAVINGS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HUDSON CITY SAVINGS BANK |
| Address | WEST 80 CENTURY ROAD
PARAMUS, NJ 07652 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 14,864 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $5,344,752,000 |
| Average Mortgage Loan Amount Applied For | $545,807 |
| Highest Mortgage Loan Amount Applied For | $2,250,000 |
| Average Applicant Income | $9,160 |
| Highest Applicant Income | $8,384,000 |
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| Home Improvement |
1,693 | $98,330,000 |
$58,000 | $972,000 |
$78,000 | $850,000 |
| Home Purchase |
6,594 | $2,954,174,000 |
$448,000 | $2,093,000 |
$116,000 | $8,384,000 |
| Refinancing |
6,577 | $2,292,248,000 |
$348,000 | $2,250,000 |
$97,000 | $6,960,000 |
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| American Indian or Alaskan Native |
15 | $4,258,000 |
$283,000 | $750,000 |
$117,000 | $318,000 |
| Asian |
1,371 | $488,375,000 |
$356,000 | $1,700,000 |
$157,000 | $8,384,000 |
| Black or African American |
158 | $34,627,000 |
$219,000 | $836,000 |
$121,000 | $1,163,000 |
| Hispanic |
320 | $81,023,000 |
$253,000 | $900,000 |
$112,000 | $625,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $2,388,000 |
$238,000 | $615,000 |
$139,000 | $299,000 |
| Not applicable |
6,098 | $2,700,096,000 |
$442,000 | $2,093,000 |
$27,000 | $1,657,000 |
| Not Provided |
386 | $27,579,000 |
$71,000 | $800,000 |
$106,000 | $750,000 |
| White |
6,506 | $2,006,406,000 |
$308,000 | $2,250,000 |
$162,000 | $6,960,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
14,864 | $5,344,752,000 |
$359,000 | $2,250,000 |
$103,000 | $8,384,000 |
| 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 |
347 | $103,265,000 |
$297,000 | $1,560,000 |
$178,000 | $1,771,000 |
| Application Denied By Financial Institution |
810 | $130,605,000 |
$161,000 | $1,700,000 |
$86,000 | $820,000 |
| Application Withdrawn By Applicant |
148 | $44,820,000 |
$302,000 | $1,091,000 |
$136,000 | $914,000 |
| File Closed For Incompleteness |
127 | $38,830,000 |
$305,000 | $2,000,000 |
$157,000 | $1,838,000 |
| Loan Originated |
7,337 | $2,328,617,000 |
$317,000 | $2,250,000 |
$163,000 | $8,384,000 |
| Loan Purchased By The Institution |
6,095 | $2,698,615,000 |
$442,000 | $2,093,000 |
$27,000 | $1,657,000 |
| 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 |
111 | $25,180,000 |
$226,000 | $1,000,000 |
$149,000 | $819,000 |
| Credit Application Incomplete |
4 | $703,000 |
$175,000 | $343,000 |
$67,000 | $123,000 |
| Credit History |
76 | $19,853,000 |
$261,000 | $675,000 |
$107,000 | $688,000 |
| Debt-To-Income Ratio |
521 | $55,887,000 |
$107,000 | $1,000,000 |
$57,000 | $300,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $1,032,000 |
$344,000 | $550,000 |
$89,000 | $120,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
89 | $25,301,000 |
$284,000 | $1,700,000 |
$152,000 | $820,000 |
| Unverifiable Information |
6 | $2,649,000 |
$441,000 | $676,000 |
$146,000 | $300,000 |
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Mortgage Loan App Totals for HUDSON CITY SAVINGS BANK by:
Metropolitan Area And
County
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