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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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NORTHERN TRUST BANK, FSB
Mortgage Loans and Application Details
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| Mortgage Company Name |
NORTHERN TRUST BANK, FSB |
| Address | 10 WEST LONG LAKE ROAD
BLOOMFIELD HILLS, MI 48304 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 106 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $66,067,000 |
| Average Mortgage Loan Amount Applied For | $601,719 |
| Highest Mortgage Loan Amount Applied For | $5,760,000 |
| Average Applicant Income | $1,013,105 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
3 | $1,158,000 |
$386,000 | $500,000 |
$155,000 | $228,000 |
| Home Purchase |
68 | $43,303,000 |
$636,000 | $5,760,000 |
$828,000 | $9,999,000 |
| Refinancing |
35 | $21,606,000 |
$617,000 | $3,000,000 |
$914,000 | $9,999,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $320,000 |
$320,000 | $320,000 |
$66,000 | $66,000 |
| Black or African American |
2 | $2,116,000 |
$1,058,000 | $1,400,000 |
$785,000 | $810,000 |
| Hispanic |
1 | $1,304,000 |
$1,304,000 | $1,304,000 |
$750,000 | $750,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $125,000 |
$125,000 | $125,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
101 | $62,202,000 |
$615,000 | $5,760,000 |
$855,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
106 | $66,067,000 |
$623,000 | $5,760,000 |
$837,000 | $9,999,000 |
| 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 |
7 | $2,962,000 |
$423,000 | $1,400,000 |
$380,000 | $1,080,000 |
| Application Denied By Financial Institution |
9 | $5,345,000 |
$593,000 | $2,000,000 |
$158,000 | $463,000 |
| Application Withdrawn By Applicant |
1 | $320,000 |
$320,000 | $320,000 |
$66,000 | $66,000 |
| File Closed For Incompleteness |
1 | $644,000 |
$644,000 | $644,000 |
$0 | $0 |
| Loan Originated |
88 | $56,796,000 |
$645,000 | $5,760,000 |
$961,000 | $9,999,000 |
| 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 |
2 | $1,660,000 |
$830,000 | $1,050,000 |
$363,000 | $463,000 |
| Credit Application Incomplete |
1 | $650,000 |
$650,000 | $650,000 |
$290,000 | $290,000 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
6 | $3,035,000 |
$505,000 | $2,000,000 |
$68,000 | $98,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NORTHERN TRUST BANK, FSB by:
Metropolitan Area And
County
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