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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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MANUFACTURERS AND TRADERS TRUS
Mortgage Loans and Application Details
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| Mortgage Company Name |
MANUFACTURERS AND TRADERS TRUS |
| Address | 465 MAIN STREET - 5TH FLR - LAFAYETTE CT
BUFFALO, NY 14203-2399 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 16,463 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,861,045,000 |
| Average Mortgage Loan Amount Applied For | $183,879 |
| Highest Mortgage Loan Amount Applied For | $48,000,000 |
| Average Applicant Income | $7,591 |
| Highest Applicant Income | $2,450,000 |
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| Home Improvement |
5,833 | $137,314,000 |
$23,000 | $3,000,000 |
$54,000 | $1,243,000 |
| Home Purchase |
5,349 | $1,013,915,000 |
$189,000 | $3,000,000 |
$3,000 | $2,450,000 |
| Refinancing |
5,281 | $709,816,000 |
$134,000 | $48,000,000 |
$40,000 | $800,000 |
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| American Indian or Alaskan Native |
41 | $1,397,000 |
$34,000 | $160,000 |
$63,000 | $350,000 |
| Asian |
91 | $5,730,000 |
$62,000 | $435,000 |
$86,000 | $750,000 |
| Black or African American |
483 | $15,324,000 |
$31,000 | $500,000 |
$52,000 | $400,000 |
| Hispanic |
286 | $7,466,000 |
$26,000 | $215,000 |
$45,000 | $305,000 |
| Native Hawaiin or Other Pacific Islander |
9 | $433,000 |
$48,000 | $140,000 |
$87,000 | $223,000 |
| Not applicable |
7,387 | $1,505,435,000 |
$203,000 | $48,000,000 |
$0 | $0 |
| Not Provided |
1,922 | $73,877,000 |
$38,000 | $500,000 |
$64,000 | $800,000 |
| White |
6,244 | $251,383,000 |
$40,000 | $3,000,000 |
$60,000 | $2,450,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
16,429 | $1,856,780,000 |
$113,000 | $48,000,000 |
$33,000 | $2,450,000 |
| FHA-insured (Federal Housing Administration) |
30 | $3,555,000 |
$118,000 | $231,000 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $710,000 |
$177,000 | $250,000 |
$6,000 | $26,000 |
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| Application Approved But Not Accepted |
496 | $21,670,000 |
$43,000 | $306,000 |
$74,000 | $758,000 |
| Application Denied By Financial Institution |
4,470 | $158,233,000 |
$35,000 | $800,000 |
$52,000 | $720,000 |
| Application Withdrawn By Applicant |
98 | $6,151,000 |
$62,000 | $435,000 |
$99,000 | $2,450,000 |
| File Closed For Incompleteness |
55 | $861,000 |
$15,000 | $57,000 |
$70,000 | $264,000 |
| Loan Originated |
3,998 | $227,440,000 |
$56,000 | $48,000,000 |
$66,000 | $1,243,000 |
| Loan Purchased By The Institution |
7,346 | $1,446,690,000 |
$196,000 | $12,500,000 |
$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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MANUFACTURERS AND TRADERS TRUS by:
Metropolitan Area And
County
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