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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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MADISON SQUARE FEDERAL SAVINGS
Mortgage Loans and Application Details
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| Mortgage Company Name |
MADISON SQUARE FEDERAL SAVINGS |
| Address | 9649 BELAIR ROAD, SUITE 300
BALTIMORE, MD 21236, MD 21236 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 169 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,566,000 |
| Average Mortgage Loan Amount Applied For | $135,571 |
| Highest Mortgage Loan Amount Applied For | $495,000 |
| Average Applicant Income | $101,714 |
| Highest Applicant Income | $286,000 |
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| Home Improvement |
88 | $5,989,000 |
$68,000 | $300,000 |
$89,000 | $286,000 |
| Home Purchase |
23 | $3,788,000 |
$164,000 | $495,000 |
$90,000 | $262,000 |
| Refinancing |
58 | $6,789,000 |
$117,000 | $385,000 |
$86,000 | $246,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $883,000 |
$126,000 | $250,000 |
$73,000 | $150,000 |
| Black or African American |
5 | $1,265,000 |
$253,000 | $495,000 |
$128,000 | $200,000 |
| Hispanic |
3 | $178,000 |
$59,000 | $80,000 |
$54,000 | $81,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $446,000 |
$148,000 | $200,000 |
$126,000 | $243,000 |
| White |
151 | $13,794,000 |
$91,000 | $385,000 |
$87,000 | $286,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
169 | $16,566,000 |
$98,000 | $495,000 |
$88,000 | $286,000 |
| 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 |
2 | $390,000 |
$195,000 | $300,000 |
$37,000 | $55,000 |
| Application Denied By Financial Institution |
8 | $864,000 |
$108,000 | $236,000 |
$56,000 | $120,000 |
| Application Withdrawn By Applicant |
15 | $1,692,000 |
$112,000 | $285,000 |
$79,000 | $243,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
144 | $13,620,000 |
$94,000 | $495,000 |
$92,000 | $286,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $172,000 |
$172,000 | $172,000 |
$40,000 | $40,000 |
| Debt-To-Income Ratio |
6 | $682,000 |
$113,000 | $236,000 |
$65,000 | $120,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $10,000 |
$10,000 | $10,000 |
$20,000 | $20,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MADISON SQUARE FEDERAL SAVINGS by:
Metropolitan Area And
County
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