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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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MANDALAY MORTGAGE LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MANDALAY MORTGAGE LLC |
| Address | 21600 OXNARD STREET, SUITE 1800
WOODLAND HILLS, CA 91367 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 11,120 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,593,886,000 |
| Average Mortgage Loan Amount Applied For | $175,460 |
| Highest Mortgage Loan Amount Applied For | $9,100,000 |
| Average Applicant Income | $80,875 |
| Highest Applicant Income | $5,923,000 |
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| Home Improvement |
17 | $1,338,000 |
$78,000 | $203,000 |
$91,000 | $180,000 |
| Home Purchase |
5,181 | $1,009,151,000 |
$194,000 | $4,030,000 |
$107,000 | $5,923,000 |
| Refinancing |
5,922 | $1,583,397,000 |
$267,000 | $9,100,000 |
$99,000 | $3,540,000 |
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| American Indian or Alaskan Native |
53 | $11,564,000 |
$218,000 | $600,000 |
$102,000 | $648,000 |
| Asian |
428 | $106,354,000 |
$248,000 | $875,000 |
$117,000 | $1,506,000 |
| Black or African American |
1,398 | $288,387,000 |
$206,000 | $3,150,000 |
$93,000 | $1,800,000 |
| Hispanic |
3,859 | $896,322,000 |
$232,000 | $1,200,000 |
$100,000 | $1,350,000 |
| Native Hawaiin or Other Pacific Islander |
110 | $26,951,000 |
$245,000 | $693,000 |
$102,000 | $720,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,959 | $493,359,000 |
$251,000 | $9,100,000 |
$102,000 | $3,277,000 |
| White |
3,313 | $770,949,000 |
$232,000 | $7,475,000 |
$108,000 | $5,923,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
11,120 | $2,593,886,000 |
$233,000 | $9,100,000 |
$103,000 | $5,923,000 |
| 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 |
683 | $203,650,000 |
$298,000 | $2,800,000 |
$122,000 | $1,477,000 |
| Application Denied By Financial Institution |
2,744 | $709,342,000 |
$258,000 | $9,100,000 |
$115,000 | $5,923,000 |
| Application Withdrawn By Applicant |
3,517 | $803,387,000 |
$228,000 | $2,520,000 |
$98,000 | $1,506,000 |
| File Closed For Incompleteness |
404 | $94,230,000 |
$233,000 | $1,960,000 |
$105,000 | $1,201,000 |
| Loan Originated |
3,770 | $782,827,000 |
$207,000 | $1,470,000 |
$93,000 | $1,350,000 |
| 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 |
2 | $450,000 |
$225,000 | $360,000 |
$97,000 | $97,000 |
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| Collateral |
392 | $146,907,000 |
$374,000 | $7,475,000 |
$152,000 | $3,540,000 |
| Credit Application Incomplete |
5 | $1,874,000 |
$374,000 | $1,100,000 |
$37,000 | $90,000 |
| Credit History |
259 | $55,879,000 |
$215,000 | $875,000 |
$91,000 | $587,000 |
| Debt-To-Income Ratio |
199 | $51,334,000 |
$257,000 | $5,390,000 |
$90,000 | $1,800,000 |
| Employment History |
43 | $10,542,000 |
$245,000 | $750,000 |
$100,000 | $228,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
9 | $2,399,000 |
$266,000 | $845,000 |
$84,000 | $263,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
615 | $154,663,000 |
$251,000 | $9,100,000 |
$123,000 | $3,277,000 |
| Unverifiable Information |
109 | $30,587,000 |
$280,000 | $2,405,000 |
$184,000 | $5,923,000 |
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Mortgage Loan App Totals for MANDALAY MORTGAGE LLC by:
Metropolitan Area And
County
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