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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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OCWEN LOAN SERVICING LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
OCWEN LOAN SERVICING LLC |
| Address | 1661 WORTHINGTON ROAD, SUITE 100
WEST PALM BEACH, FL 33409 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 8,406 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,405,116,000 |
| Average Mortgage Loan Amount Applied For | $132,640 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $70,992 |
| Highest Applicant Income | $1,466,000 |
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| Home Improvement |
88 | $13,898,000 |
$157,000 | $581,000 |
$70,000 | $350,000 |
| Home Purchase |
3,230 | $475,616,000 |
$147,000 | $800,000 |
$92,000 | $1,466,000 |
| Refinancing |
5,088 | $915,602,000 |
$179,000 | $1,500,000 |
$78,000 | $1,440,000 |
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| American Indian or Alaskan Native |
26 | $5,041,000 |
$193,000 | $420,000 |
$91,000 | $276,000 |
| Asian |
165 | $32,714,000 |
$198,000 | $730,000 |
$110,000 | $1,440,000 |
| Black or African American |
2,186 | $320,840,000 |
$146,000 | $760,000 |
$79,000 | $1,466,000 |
| Hispanic |
1,706 | $311,143,000 |
$182,000 | $1,500,000 |
$85,000 | $564,000 |
| Native Hawaiin or Other Pacific Islander |
41 | $11,295,000 |
$275,000 | $721,000 |
$90,000 | $499,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,257 | $222,921,000 |
$177,000 | $1,113,000 |
$81,000 | $598,000 |
| White |
3,025 | $501,162,000 |
$165,000 | $1,120,000 |
$86,000 | $1,416,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
8,406 | $1,405,116,000 |
$167,000 | $1,500,000 |
$83,000 | $1,466,000 |
| 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 |
91 | $15,896,000 |
$174,000 | $577,000 |
$96,000 | $749,000 |
| Application Denied By Financial Institution |
4,374 | $744,159,000 |
$170,000 | $1,500,000 |
$86,000 | $1,466,000 |
| Application Withdrawn By Applicant |
621 | $107,259,000 |
$172,000 | $900,000 |
$88,000 | $1,440,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,320 | $537,802,000 |
$161,000 | $898,000 |
$79,000 | $744,000 |
| 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 |
594 | $96,142,000 |
$161,000 | $1,500,000 |
$71,000 | $720,000 |
| Credit Application Incomplete |
2,654 | $440,934,000 |
$166,000 | $1,120,000 |
$89,000 | $1,466,000 |
| Credit History |
290 | $50,955,000 |
$175,000 | $1,063,000 |
$78,000 | $600,000 |
| Debt-To-Income Ratio |
144 | $24,032,000 |
$166,000 | $649,000 |
$61,000 | $336,000 |
| Employment History |
7 | $1,570,000 |
$224,000 | $465,000 |
$75,000 | $133,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
18 | $3,419,000 |
$189,000 | $508,000 |
$73,000 | $258,000 |
| Mortgage Insurance Denied |
2 | $1,038,000 |
$519,000 | $536,000 |
$189,000 | $194,000 |
| Other |
504 | $94,731,000 |
$187,000 | $825,000 |
$96,000 | $600,000 |
| Unverifiable Information |
161 | $31,338,000 |
$194,000 | $640,000 |
$92,000 | $300,000 |
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Mortgage Loan App Totals for OCWEN LOAN SERVICING LLC by:
Metropolitan Area And
County
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