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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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LEHMAN BROTHERS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
LEHMAN BROTHERS BANK |
| Address | 745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 523,912 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $105,227,855,000 |
| Average Mortgage Loan Amount Applied For | $117,085 |
| Highest Mortgage Loan Amount Applied For | $17,600,000 |
| Average Applicant Income | $72,213 |
| Highest Applicant Income | $9,190,000 |
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| Home Improvement |
1,927 | $558,739,000 |
$289,000 | $4,225,000 |
$100,000 | $5,458,000 |
| Home Purchase |
324,662 | $58,446,143,000 |
$180,000 | $9,500,000 |
$102,000 | $8,544,000 |
| Refinancing |
197,880 | $46,342,459,000 |
$234,000 | $17,600,000 |
$95,000 | $9,190,000 |
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| American Indian or Alaskan Native |
2,130 | $436,668,000 |
$205,000 | $1,833,000 |
$102,000 | $7,500,000 |
| Asian |
21,816 | $5,943,128,000 |
$272,000 | $3,870,000 |
$123,000 | $6,000,000 |
| Black or African American |
70,645 | $11,697,323,000 |
$165,000 | $4,000,000 |
$81,000 | $6,000,000 |
| Hispanic |
94,483 | $18,967,419,000 |
$200,000 | $5,460,000 |
$90,000 | $6,000,000 |
| Native Hawaiin or Other Pacific Islander |
3,630 | $909,890,000 |
$250,000 | $3,169,000 |
$111,000 | $2,453,000 |
| Not applicable |
18,348 | $3,644,748,000 |
$198,000 | $3,200,000 |
$87,000 | $9,000,000 |
| Not Provided |
42,797 | $9,297,541,000 |
$217,000 | $5,989,000 |
$101,000 | $7,222,000 |
| White |
270,620 | $54,450,624,000 |
$201,000 | $17,600,000 |
$106,000 | $9,190,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
519,602 | $104,816,778,000 |
$201,000 | $17,600,000 |
$100,000 | $9,190,000 |
| FHA-insured (Federal Housing Administration) |
4,362 | $471,751,000 |
$108,000 | $467,000 |
$32,000 | $1,779,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
505 | $58,812,000 |
$116,000 | $280,000 |
$30,000 | $152,000 |
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| Application Approved But Not Accepted |
4,082 | $940,934,000 |
$230,000 | $2,860,000 |
$113,000 | $2,400,000 |
| Application Denied By Financial Institution |
39,229 | $9,926,476,000 |
$253,000 | $8,500,000 |
$136,000 | $9,190,000 |
| Application Withdrawn By Applicant |
1,039 | $252,375,000 |
$242,000 | $3,250,000 |
$134,000 | $1,800,000 |
| File Closed For Incompleteness |
373 | $92,896,000 |
$249,000 | $3,348,000 |
$135,000 | $1,800,000 |
| Loan Originated |
72,307 | $14,609,988,000 |
$202,000 | $17,600,000 |
$107,000 | $6,300,000 |
| Loan Purchased By The Institution |
406,882 | $79,405,186,000 |
$195,000 | $6,000,000 |
$94,000 | $9,000,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
557 | $119,486,000 |
$214,000 | $1,750,000 |
$84,000 | $1,074,000 |
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| Collateral |
2,719 | $820,813,000 |
$301,000 | $6,000,000 |
$171,000 | $9,190,000 |
| Credit Application Incomplete |
18,561 | $4,286,594,000 |
$230,000 | $5,460,000 |
$124,000 | $6,000,000 |
| Credit History |
5,822 | $1,764,839,000 |
$303,000 | $8,500,000 |
$148,000 | $7,500,000 |
| Debt-To-Income Ratio |
4,020 | $982,078,000 |
$244,000 | $6,000,000 |
$113,000 | $2,929,000 |
| Employment History |
388 | $88,499,000 |
$228,000 | $3,803,000 |
$138,000 | $2,160,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
5,296 | $1,389,902,000 |
$262,000 | $6,000,000 |
$155,000 | $7,500,000 |
| Unverifiable Information |
2,980 | $713,237,000 |
$239,000 | $4,000,000 |
$146,000 | $3,047,000 |
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Mortgage Loan App Totals for LEHMAN BROTHERS BANK by:
Metropolitan Area And
County
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