Beneficial Mortgage Lending & HMDA Data, 2004

In 2004, Beneficial of Elmhurst, IL reported 624,937 mortgage applications totaling $64.5 billion, up 43% from 2003. The average application was for $103,199, and applicants reported an average income of $57,011. 13% of its applications resulted in an originated loan and 51% were denied. Its largest markets were Pittsburgh, PA (11,036), Los Angeles-Long Beach-Glendale, CA (10,902) and Houston-Baytown-Sugar Land, TX (10,721) (applications in parentheses).

Mortgage Company & Address Beneficial
140 Industrial Drive
Elmhurst, IL 60126
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 624,937
Total Mortgage Loan Application Amount $64,493,389,000
Average Mortgage Loan Application Amount $103,199
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $57,011
Highest Applicant Income $1,572,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Beneficial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Beneficial by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 10,902 $ 1,919,779,000 $ 176,094 $ 78,000
Harris, Texas 7,405 $ 454,943,000 $ 61,437 $ 60,000
Sacramento, California 5,293 $ 927,133,000 $ 175,162 $ 68,000
San Bernardino, California 5,244 $ 761,472,000 $ 145,208 $ 70,000
Riverside, California 5,023 $ 798,018,000 $ 158,872 $ 74,000
Allegheny, Pennsylvania 4,723 $ 377,087,000 $ 79,840 $ 50,000
Maricopa, Arizona 4,588 $ 512,282,000 $ 111,656 $ 67,000
Franklin, Ohio 4,379 $ 457,699,000 $ 104,521 $ 60,000
Cook, Illinois 3,928 $ 511,567,000 $ 130,235 $ 67,000
San Diego, California 3,664 $ 758,271,000 $ 206,951 $ 82,000
Monroe, New York 3,645 $ 277,046,000 $ 76,007 $ 51,000
Cuyahoga, Ohio 3,630 $ 316,089,000 $ 87,076 $ 52,000
Erie, New York 3,607 $ 250,231,000 $ 69,373 $ 52,000
Dallas, Texas 3,602 $ 247,345,000 $ 68,668 $ 61,000
El Paso, Texas 3,384 $ 148,958,000 $ 44,018 $ 52,000
Bexar, Texas 3,349 $ 136,609,000 $ 40,790 $ 58,000
Suffolk, New York 3,140 $ 448,351,000 $ 142,786 $ 80,000
Tulsa, Oklahoma 3,102 $ 276,065,000 $ 88,995 $ 51,000
Wayne, Michigan 3,074 $ 224,627,000 $ 73,073 $ 51,000
King, Washington 2,928 $ 480,618,000 $ 164,145 $ 73,000
Marion, Indiana 2,901 $ 282,250,000 $ 97,294 $ 49,000
Philadelphia, Pennsylvania 2,729 $ 157,452,000 $ 57,695 $ 48,000
Clark, Nevada 2,658 $ 328,958,000 $ 123,761 $ 60,000
Orange, California 2,653 $ 562,631,000 $ 212,073 $ 94,000
San Joaquin, California 2,552 $ 471,418,000 $ 184,724 $ 70,000
Queens, New York 2,421 $ 364,483,000 $ 150,550 $ 76,000
Erie, Pennsylvania 2,415 $ 183,568,000 $ 76,011 $ 47,000
Tarrant, Texas 2,404 $ 144,824,000 $ 60,242 $ 56,000
Kern, California 2,345 $ 237,377,000 $ 101,226 $ 65,000
Jackson, Missouri 2,273 $ 184,429,000 $ 81,139 $ 48,000
Honolulu, Hawaii 2,197 $ 443,747,000 $ 201,978 $ 70,000
St. Louis, Missouri 2,169 $ 219,733,000 $ 101,306 $ 56,000
Sedgwick, Kansas 2,167 $ 157,706,000 $ 72,776 $ 51,000
Duval, Florida 2,059 $ 201,414,000 $ 97,821 $ 51,000
Oklahoma, Oklahoma 2,035 $ 170,786,000 $ 83,924 $ 52,000
Kings, New York 1,966 $ 323,780,000 $ 164,689 $ 70,000
Alameda, California 1,965 $ 500,673,000 $ 254,795 $ 89,000
Contra Costa, California 1,955 $ 425,535,000 $ 217,664 $ 84,000
Bernalillo, New Mexico 1,941 $ 201,879,000 $ 104,007 $ 60,000
Pierce, Washington 1,935 $ 276,029,000 $ 142,650 $ 70,000
Solano, California 1,874 $ 406,677,000 $ 217,010 $ 77,000
Hamilton, Ohio 1,874 $ 179,438,000 $ 95,751 $ 53,000
Prince George's, Maryland 1,856 $ 270,352,000 $ 145,663 $ 73,000
New Castle, Delaware 1,854 $ 221,235,000 $ 119,328 $ 62,000
Shelby, Tennessee 1,847 $ 160,645,000 $ 86,976 $ 65,000
Miami-Dade, Florida 1,834 $ 191,841,000 $ 104,602 $ 64,000
Stark, Ohio 1,806 $ 165,863,000 $ 91,839 $ 51,000
Westmoreland, Pennsylvania 1,765 $ 149,820,000 $ 84,883 $ 45,000
Montgomery, Ohio 1,752 $ 154,670,000 $ 88,281 $ 51,000
Salt Lake, Utah 1,734 $ 204,293,000 $ 117,816 $ 57,000
New Haven, Connecticut 1,693 $ 183,886,000 $ 108,615 $ 59,000
Fresno, California 1,669 $ 203,793,000 $ 122,104 $ 60,000
Virginia Beach, Virginia 1,664 $ 192,222,000 $ 115,518 $ 57,000
Nueces, Texas 1,661 $ 95,600,000 $ 57,555 $ 57,000
Allen, Indiana 1,621 $ 141,801,000 $ 87,477 $ 47,000
Baltimore City, Maryland 1,604 $ 125,011,000 $ 77,937 $ 43,000
Hillsborough, Florida 1,593 $ 145,342,000 $ 91,237 $ 55,000
Summit, Ohio 1,571 $ 142,095,000 $ 90,448 $ 50,000
Lucas, Ohio 1,560 $ 119,575,000 $ 76,650 $ 51,000
Polk, Florida 1,532 $ 122,456,000 $ 79,932 $ 49,000
DeKalb, Georgia 1,529 $ 153,691,000 $ 100,517 $ 58,000
Northumberland, Pennsylvania 1,529 $ 99,646,000 $ 65,170 $ 46,000
Fayette, Pennsylvania 1,498 $ 92,744,000 $ 61,911 $ 40,000
Nassau, New York 1,490 $ 241,506,000 $ 162,084 $ 88,000
Onondaga, New York 1,487 $ 115,416,000 $ 77,616 $ 56,000
Baltimore, Maryland 1,446 $ 182,893,000 $ 126,482 $ 69,000
Snohomish, Washington 1,443 $ 210,071,000 $ 145,579 $ 78,000
Lancaster, Pennsylvania 1,411 $ 153,802,000 $ 109,002 $ 51,000
Ventura, California 1,406 $ 307,460,000 $ 218,677 $ 85,000
Berks, Pennsylvania 1,383 $ 134,346,000 $ 97,140 $ 47,000
Stanislaus, California 1,373 $ 210,677,000 $ 153,442 $ 62,000
Middlesex, New Jersey 1,373 $ 218,634,000 $ 159,238 $ 86,000
Broward, Florida 1,347 $ 170,619,000 $ 126,665 $ 63,000
Tulare, California 1,338 $ 127,069,000 $ 94,969 $ 56,000
Schuylkill, Pennsylvania 1,312 $ 91,811,000 $ 69,977 $ 45,000
Camden, New Jersey 1,300 $ 103,488,000 $ 79,606 $ 55,000
Jefferson, Kentucky 1,292 $ 135,118,000 $ 104,580 $ 50,000
Essex, New Jersey 1,275 $ 130,134,000 $ 102,065 $ 77,000
Dauphin, Pennsylvania 1,265 $ 111,256,000 $ 87,949 $ 50,000
Hennepin, Minnesota 1,262 $ 208,536,000 $ 165,242 $ 63,000
Cumberland, North Carolina 1,240 $ 93,442,000 $ 75,356 $ 56,000
Multnomah, Oregon 1,229 $ 168,290,000 $ 136,932 $ 65,000
Luzerne, Pennsylvania 1,225 $ 101,209,000 $ 82,619 $ 46,000
Pinellas, Florida 1,204 $ 131,242,000 $ 109,004 $ 53,000
Jefferson, Louisiana 1,187 $ 115,202,000 $ 97,053 $ 52,000
Orange, New York 1,167 $ 141,578,000 $ 121,317 $ 72,000
Oneida, New York 1,151 $ 69,657,000 $ 60,518 $ 46,000
Butler, Ohio 1,137 $ 108,591,000 $ 95,506 $ 60,000
Union, New Jersey 1,133 $ 146,307,000 $ 129,132 $ 77,000
Mecklenburg, North Carolina 1,129 $ 118,408,000 $ 104,878 $ 57,000
Pima, Arizona 1,128 $ 100,027,000 $ 88,676 $ 51,000
Orleans, Louisiana 1,120 $ 99,020,000 $ 88,410 $ 58,000
York, Pennsylvania 1,112 $ 118,480,000 $ 106,546 $ 52,000
Dutchess, New York 1,109 $ 147,948,000 $ 133,406 $ 69,000
Montgomery, Pennsylvania 1,109 $ 159,905,000 $ 144,188 $ 66,000
Washington, Pennsylvania 1,105 $ 90,982,000 $ 82,336 $ 70,000
Placer, California 1,104 $ 217,670,000 $ 197,164 $ 82,000
Travis, Texas 1,099 $ 90,935,000 $ 82,743 $ 59,000
Anne Arundel, Maryland 1,098 $ 179,648,000 $ 163,613 $ 67,000
Cameron, Texas 1,098 $ 41,961,000 $ 38,215 $ 55,000
Worcester, Massachusetts 1,097 $ 171,672,000 $ 156,492 $ 63,000
Spokane, Washington 1,085 $ 108,583,000 $ 100,076 $ 60,000
El Paso, Colorado 1,083 $ 115,949,000 $ 107,062 $ 58,000
Davidson, Tennessee 1,081 $ 119,633,000 $ 110,668 $ 57,000
Oakland, Michigan 1,076 $ 137,011,000 $ 127,333 $ 71,000
Orange, Florida 1,065 $ 109,585,000 $ 102,896 $ 57,000
Guilford, North Carolina 1,060 $ 109,978,000 $ 103,752 $ 59,000
Imperial, California 1,046 $ 111,074,000 $ 106,189 $ 60,000
Westchester, New York 1,043 $ 188,380,000 $ 180,613 $ 88,000
Hudson, New Jersey 1,036 $ 158,170,000 $ 152,673 $ 76,000
Fort Bend, Texas 1,030 $ 74,148,000 $ 71,988 $ 65,000
Douglas, Nebraska 1,027 $ 91,271,000 $ 88,871 $ 49,000
Licking, Ohio 1,013 $ 115,004,000 $ 113,528 $ 57,000
Hartford, Connecticut 1,006 $ 106,850,000 $ 106,212 $ 57,000
Milwaukee, Wisconsin 1,004 $ 80,691,000 $ 80,369 $ 53,000
Santa Clara, California 1,003 $ 259,939,000 $ 259,161 $ 99,000
Middlesex, Massachusetts 994 $ 177,848,000 $ 178,921 $ 78,000
Pinal, Arizona 981 $ 86,325,000 $ 87,996 $ 48,000
Oswego, New York 969 $ 58,041,000 $ 59,897 $ 55,000
Northampton, Pennsylvania 969 $ 111,959,000 $ 115,540 $ 67,000
Hidalgo, Texas 969 $ 37,085,000 $ 38,271 $ 46,000
Chesapeake, Virginia 951 $ 109,677,000 $ 115,328 $ 59,000
Fairfax, Virginia 948 $ 180,648,000 $ 190,556 $ 82,000
Jefferson, Missouri 946 $ 97,199,000 $ 102,747 $ 52,000
Gwinnett, Georgia 940 $ 95,770,000 $ 101,882 $ 71,000
Essex, Massachusetts 940 $ 174,150,000 $ 185,265 $ 71,000
Montgomery, Maryland 931 $ 165,969,000 $ 178,269 $ 82,000
Howard, Indiana 929 $ 49,755,000 $ 53,557 $ 59,000
Steuben, New York 927 $ 55,753,000 $ 60,143 $ 45,000
Burlington, New Jersey 925 $ 107,051,000 $ 115,730 $ 68,000
Washington, Maryland 923 $ 106,881,000 $ 115,797 $ 57,000
Sussex, Delaware 916 $ 106,591,000 $ 116,365 $ 48,000
Trumbull, Ohio 916 $ 71,392,000 $ 77,938 $ 51,000
Chester, Pennsylvania 916 $ 127,528,000 $ 139,222 $ 65,000
Prince William, Virginia 914 $ 166,395,000 $ 182,051 $ 71,000
Palm Beach, Florida 909 $ 78,972,000 $ 86,877 $ 59,000
Hillsborough, New Hampshire 897 $ 112,029,000 $ 124,892 $ 63,000
Macomb, Michigan 895 $ 100,357,000 $ 112,130 $ 62,000
Niagara, New York 895 $ 64,747,000 $ 72,343 $ 50,000
Cobb, Georgia 894 $ 93,789,000 $ 104,909 $ 78,000
Wake, North Carolina 894 $ 113,062,000 $ 126,467 $ 68,000
Denton, Texas 888 $ 77,787,000 $ 87,597 $ 66,000
Jefferson, Colorado 887 $ 132,970,000 $ 149,909 $ 66,000
Hampden, Massachusetts 886 $ 85,535,000 $ 96,540 $ 53,000
Clinton, New York 886 $ 56,153,000 $ 63,378 $ 46,000
Fairfield, Ohio 884 $ 115,116,000 $ 130,221 $ 59,000
Clark, Ohio 880 $ 78,414,000 $ 89,106 $ 47,000
St. Lawrence, New York 878 $ 43,789,000 $ 49,873 $ 45,000
Cambria, Pennsylvania 877 $ 59,360,000 $ 67,685 $ 43,000
Washington, Oregon 876 $ 139,838,000 $ 159,632 $ 69,000
Ocean, New Jersey 867 $ 118,328,000 $ 136,479 $ 69,000
Adams, Colorado 866 $ 123,304,000 $ 142,383 $ 63,000
Arapahoe, Colorado 864 $ 120,043,000 $ 138,938 $ 76,000
Ulster, New York 860 $ 99,078,000 $ 115,206 $ 54,000
Fulton, Georgia 838 $ 86,751,000 $ 103,521 $ 77,000
Lorain, Ohio 838 $ 82,283,000 $ 98,189 $ 52,000
Richland, Ohio 838 $ 65,620,000 $ 78,305 $ 54,000
San Juan, New Mexico 837 $ 75,359,000 $ 90,034 $ 56,000
Cumberland, Pennsylvania 836 $ 89,000,000 $ 106,459 $ 55,000
Lubbock, Texas 836 $ 28,762,000 $ 34,404 $ 44,000
York, Maine 835 $ 102,965,000 $ 123,311 $ 54,000
Norfolk, Virginia 833 $ 75,979,000 $ 91,211 $ 48,000
El Dorado, California 822 $ 159,722,000 $ 194,309 $ 78,000
Genesee, Michigan 820 $ 73,148,000 $ 89,204 $ 52,000
Santa Barbara, California 816 $ 177,965,000 $ 218,094 $ 73,000
Johnson, Kansas 815 $ 106,951,000 $ 131,228 $ 78,000
Dona Ana, New Mexico 813 $ 68,676,000 $ 84,472 $ 50,000
Lehigh, Pennsylvania 813 $ 82,325,000 $ 101,260 $ 46,000
Chesterfield, Virginia 808 $ 89,219,000 $ 110,419 $ 57,000
Comanche, Oklahoma 806 $ 59,942,000 $ 74,369 $ 54,000
Lycoming, Pennsylvania 804 $ 68,901,000 $ 85,697 $ 48,000
Humboldt, California 799 $ 118,412,000 $ 148,200 $ 56,000
Butte, California 798 $ 86,176,000 $ 107,989 $ 63,000
Bell, Texas 792 $ 42,797,000 $ 54,036 $ 52,000
Chatham, Georgia 790 $ 73,309,000 $ 92,796 $ 51,000
Washoe, Nevada 788 $ 133,649,000 $ 169,605 $ 64,000
Atlantic, New Jersey 786 $ 66,563,000 $ 84,685 $ 55,000
Bucks, Pennsylvania 786 $ 112,987,000 $ 143,749 $ 73,000
Gaston, North Carolina 782 $ 64,945,000 $ 83,049 $ 61,000
Monmouth, New Jersey 775 $ 111,774,000 $ 144,224 $ 74,000
Shasta, California 769 $ 94,741,000 $ 123,200 $ 53,000
Rockingham, New Hampshire 767 $ 97,481,000 $ 127,093 $ 73,000
Cayuga, New York 767 $ 49,618,000 $ 64,691 $ 48,000
St. Louis City, Missouri 766 $ 55,773,000 $ 72,810 $ 43,000
Wayne, New York 766 $ 57,953,000 $ 75,656 $ 50,000
Crawford, Pennsylvania 759 $ 59,330,000 $ 78,168 $ 43,000
Bronx, New York 753 $ 111,246,000 $ 147,737 $ 72,000
Denver, Colorado 750 $ 95,546,000 $ 127,394 $ 55,000
Montgomery, Texas 748 $ 47,657,000 $ 63,712 $ 56,000
Weld, Colorado 744 $ 86,963,000 $ 116,885 $ 56,000
Mercer, New Jersey 740 $ 77,848,000 $ 105,200 $ 63,000
Delaware, Pennsylvania 740 $ 66,031,000 $ 89,231 $ 56,000
Frederick, Virginia 740 $ 101,577,000 $ 137,266 $ 61,000
Yakima, Washington 740 $ 71,982,000 $ 97,272 $ 51,000
Kanawha, West Virginia 738 $ 54,852,000 $ 74,325 $ 58,000
Merced, California 735 $ 113,364,000 $ 154,236 $ 82,000
Minnehaha, South Dakota 732 $ 81,171,000 $ 110,889 $ 51,000
Bristol, Massachusetts 730 $ 116,747,000 $ 159,927 $ 59,000
St. Joseph, Indiana 727 $ 55,944,000 $ 76,951 $ 49,000
Clayton, Georgia 720 $ 63,155,000 $ 87,715 $ 56,000
Wicomico, Maryland 719 $ 73,644,000 $ 102,425 $ 45,000
Greene, Missouri 718 $ 58,286,000 $ 81,178 $ 51,000
Sonoma, California 717 $ 168,678,000 $ 235,255 $ 85,000
Wyandotte, Kansas 712 $ 47,835,000 $ 67,183 $ 44,000
Volusia, Florida 707 $ 69,865,000 $ 98,818 $ 53,000
McHenry, Illinois 703 $ 120,712,000 $ 171,709 $ 75,000
Pueblo, Colorado 702 $ 69,606,000 $ 99,153 $ 52,000
Collin, Texas 701 $ 62,742,000 $ 89,503 $ 78,000
Utah, Utah 700 $ 76,833,000 $ 109,761 $ 58,000
Clackamas, Oregon 699 $ 113,337,000 $ 162,141 $ 85,000
Richmond, Georgia 697 $ 51,567,000 $ 73,984 $ 47,000
Durham, North Carolina 697 $ 77,961,000 $ 111,852 $ 60,000
Kenton, Kentucky 696 $ 71,305,000 $ 102,449 $ 49,000
Ada, Idaho 688 $ 69,863,000 $ 101,545 $ 52,000
Fairfield, Connecticut 687 $ 71,570,000 $ 104,177 $ 78,000
Butler, Pennsylvania 687 $ 70,724,000 $ 102,946 $ 58,000
Blair, Pennsylvania 686 $ 43,736,000 $ 63,755 $ 45,000
Indiana, Pennsylvania 686 $ 48,717,000 $ 71,016 $ 42,000
Ontario, New York 682 $ 64,209,000 $ 94,148 $ 51,000
Yavapai, Arizona 673 $ 65,095,000 $ 96,723 $ 51,000
Providence, Rhode Island 671 $ 72,604,000 $ 108,202 $ 57,000
East Baton Rouge, Louisiana 665 $ 61,795,000 $ 92,924 $ 54,000
Henrico, Virginia 665 $ 74,894,000 $ 112,622 $ 58,000
San Mateo, California 662 $ 211,927,000 $ 320,131 $ 106,000
Brevard, Florida 662 $ 58,623,000 $ 88,554 $ 50,000
Mercer, Pennsylvania 660 $ 48,827,000 $ 73,980 $ 40,000
Vanderburgh, Indiana 659 $ 49,096,000 $ 74,500 $ 43,000
Randolph, North Carolina 659 $ 56,577,000 $ 85,852 $ 45,000
Lebanon, Pennsylvania 659 $ 61,815,000 $ 93,801 $ 51,000
Saratoga, New York 657 $ 53,442,000 $ 81,342 $ 55,000
Scioto, Ohio 656 $ 34,644,000 $ 52,810 $ 40,000
Mahoning, Ohio 653 $ 46,411,000 $ 71,073 $ 40,000
Armstrong, Pennsylvania 649 $ 46,272,000 $ 71,297 $ 51,000
San Luis Obispo, California 648 $ 143,168,000 $ 220,938 $ 75,000
Nevada, California 647 $ 129,494,000 $ 200,145 $ 74,000
Suffolk, Virginia 647 $ 63,708,000 $ 98,466 $ 62,000
Merrimack, New Hampshire 646 $ 77,113,000 $ 119,369 $ 59,000
Franklin, Pennsylvania 643 $ 69,181,000 $ 107,590 $ 58,000
Knox, Tennessee 642 $ 56,185,000 $ 87,515 $ 49,000
Broome, New York 641 $ 40,944,000 $ 63,875 $ 45,000
Warren, Virginia 639 $ 73,647,000 $ 115,253 $ 61,000
Lake, Illinois 636 $ 79,277,000 $ 124,649 $ 65,000
Chemung, New York 633 $ 35,911,000 $ 56,731 $ 48,000
Columbiana, Ohio 632 $ 52,785,000 $ 83,520 $ 46,000
Richmond, New York 628 $ 84,914,000 $ 135,213 $ 73,000
Allen, Ohio 628 $ 47,656,000 $ 75,885 $ 44,000
Kent, Delaware 622 $ 65,515,000 $ 105,329 $ 56,000
Madison, Illinois 621 $ 51,222,000 $ 82,483 $ 47,000
Hawaii, Hawaii 618 $ 77,374,000 $ 125,200 $ 58,000
Clearfield, Pennsylvania 617 $ 32,463,000 $ 52,614 $ 50,000
Polk, Iowa 614 $ 52,207,000 $ 85,027 $ 56,000
Clark, Washington 614 $ 90,036,000 $ 146,638 $ 67,000
Gloucester, New Jersey 613 $ 58,667,000 $ 95,704 $ 67,000
Caddo, Louisiana 612 $ 44,844,000 $ 73,274 $ 47,000
Kings, California 611 $ 66,962,000 $ 109,594 $ 56,000
Winnebago, Illinois 610 $ 56,615,000 $ 92,811 $ 51,000
Cattaraugus, New York 610 $ 31,512,000 $ 51,659 $ 52,000
Beaver, Pennsylvania 609 $ 50,614,000 $ 83,110 $ 50,000
Pasco, Florida 607 $ 56,299,000 $ 92,749 $ 50,000
Buchanan, Missouri 600 $ 41,009,000 $ 68,348 $ 43,000
Valencia, New Mexico 595 $ 45,942,000 $ 77,213 $ 57,000
Ross, Ohio 595 $ 54,606,000 $ 91,774 $ 47,000
Cleveland, Oklahoma 594 $ 56,333,000 $ 94,836 $ 53,000
St. Tammany, Louisiana 593 $ 54,367,000 $ 91,681 $ 58,000
McLean, Illinois 591 $ 67,109,000 $ 113,551 $ 59,000
Madison, Indiana 590 $ 50,152,000 $ 85,003 $ 48,000
Alamance, North Carolina 586 $ 61,286,000 $ 104,583 $ 53,000
Monterey, California 585 $ 105,306,000 $ 180,010 $ 79,000
Galveston, Texas 584 $ 36,123,000 $ 61,854 $ 58,000
St. Clair, Illinois 578 $ 40,461,000 $ 70,001 $ 55,000
Lake, Indiana 578 $ 39,347,000 $ 68,074 $ 54,000
Ashtabula, Ohio 576 $ 40,953,000 $ 71,098 $ 48,000
Wood, West Virginia 576 $ 44,430,000 $ 77,135 $ 51,000
Rogers, Oklahoma 574 $ 55,404,000 $ 96,522 $ 53,000
Frederick, Maryland 570 $ 73,766,000 $ 129,414 $ 70,000
Franklin, New York 567 $ 30,375,000 $ 53,571 $ 51,000
Somerset, New Jersey 566 $ 104,436,000 $ 184,515 $ 95,000
Rockingham, North Carolina 561 $ 41,767,000 $ 74,450 $ 46,000
Rockingham, Virginia 560 $ 61,249,000 $ 109,373 $ 49,000
Allegany, New York 559 $ 26,725,000 $ 47,808 $ 47,000
Bergen, New Jersey 557 $ 103,528,000 $ 185,867 $ 100,000
Medina, Ohio 557 $ 63,817,000 $ 114,572 $ 57,000
Linn, Oregon 557 $ 63,458,000 $ 113,928 $ 54,000
Henry, Virginia 556 $ 40,563,000 $ 72,955 $ 37,000
Boone, Missouri 555 $ 48,120,000 $ 86,702 $ 51,000
Jefferson, New York 553 $ 26,705,000 $ 48,291 $ 47,000
Allegany, Maryland 552 $ 44,184,000 $ 80,043 $ 43,000
Roanoke City, Virginia 551 $ 49,443,000 $ 89,733 $ 48,000
DuPage, Illinois 548 $ 87,405,000 $ 159,498 $ 74,000
Cumberland, New Jersey 548 $ 37,584,000 $ 68,583 $ 53,000
Elkhart, Indiana 547 $ 47,128,000 $ 86,157 $ 50,000
Marion, Oregon 547 $ 64,728,000 $ 118,332 $ 57,000
Spotsylvania, Virginia 546 $ 66,469,000 $ 121,738 $ 60,000
Tuscarawas, Ohio 539 $ 40,283,000 $ 74,736 $ 46,000
Lee, Florida 537 $ 49,881,000 $ 92,888 $ 54,000
Forsyth, North Carolina 537 $ 52,487,000 $ 97,741 $ 54,000
Calcasieu, Louisiana 532 $ 41,914,000 $ 78,785 $ 55,000
Lake, Ohio 531 $ 55,711,000 $ 104,917 $ 49,000
Williams, Ohio 530 $ 44,722,000 $ 84,381 $ 53,000
Cumberland, Maine 529 $ 69,169,000 $ 130,754 $ 59,000
Mobile, Alabama 523 $ 46,590,000 $ 89,082 $ 62,000
Venango, Pennsylvania 523 $ 28,739,000 $ 54,950 $ 41,000
McLennan, Texas 522 $ 27,479,000 $ 52,641 $ 46,000
Clermont, Ohio 519 $ 54,369,000 $ 104,757 $ 65,000
Rutherford, Tennessee 517 $ 54,030,000 $ 104,506 $ 50,000
Jefferson, Ohio 516 $ 38,532,000 $ 74,674 $ 41,000
Marion, Florida 512 $ 37,802,000 $ 73,832 $ 52,000
Webb, Texas 512 $ 32,150,000 $ 62,792 $ 50,000
Livingston, New York 508 $ 35,205,000 $ 69,301 $ 48,000
Madison, New York 504 $ 28,310,000 $ 56,170 $ 51,000
Catawba, North Carolina 504 $ 49,624,000 $ 98,460 $ 49,000
Will, Illinois 503 $ 66,538,000 $ 132,282 $ 71,000
Charleston, South Carolina 502 $ 48,692,000 $ 96,996 $ 60,000
Clay, Missouri 500 $ 49,238,000 $ 98,476 $ 60,000
Harford, Maryland 498 $ 66,766,000 $ 134,068 $ 73,000
Monroe, Pennsylvania 498 $ 66,588,000 $ 133,710 $ 67,000
Yolo, California 494 $ 90,377,000 $ 182,949 $ 68,000
Sandoval, New Mexico 492 $ 43,874,000 $ 89,174 $ 56,000
Bedford, Pennsylvania 490 $ 38,320,000 $ 78,204 $ 49,000
New London, Connecticut 489 $ 47,710,000 $ 97,566 $ 61,000
Buncombe, North Carolina 489 $ 45,973,000 $ 94,014 $ 49,000
Muskingum, Ohio 489 $ 46,780,000 $ 95,664 $ 44,000
Sampson, North Carolina 488 $ 35,581,000 $ 72,911 $ 44,000
Cowlitz, Washington 487 $ 57,532,000 $ 118,135 $ 55,000
Jasper, Missouri 485 $ 30,762,000 $ 63,426 $ 38,000
Kitsap, Washington 484 $ 58,965,000 $ 121,828 $ 70,000
Weber, Utah 483 $ 54,983,000 $ 113,836 $ 50,000
Creek, Oklahoma 482 $ 37,420,000 $ 77,634 $ 42,000
Fayette, Kentucky 479 $ 50,171,000 $ 104,741 $ 52,000
Canyon, Idaho 478 $ 37,445,000 $ 78,336 $ 48,000
Montgomery, Tennessee 478 $ 41,613,000 $ 87,056 $ 66,000
Maui, Hawaii 475 $ 105,897,000 $ 222,941 $ 67,000
Chautauqua, New York 475 $ 26,782,000 $ 56,383 $ 42,000
St. Charles, Missouri 474 $ 66,580,000 $ 140,464 $ 73,000
Pittsylvania, Virginia 473 $ 35,554,000 $ 75,167 $ 41,000
Larimer, Colorado 471 $ 72,151,000 $ 153,186 $ 67,000
Deschutes, Oregon 469 $ 70,680,000 $ 150,703 $ 71,000
Coshocton, Ohio 468 $ 44,720,000 $ 95,555 $ 44,000
Columbia, Pennsylvania 468 $ 42,122,000 $ 90,004 $ 40,000
Delaware, Indiana 467 $ 39,024,000 $ 83,563 $ 46,000
Williamson, Texas 467 $ 45,625,000 $ 97,698 $ 63,000
Plymouth, Massachusetts 466 $ 81,410,000 $ 174,699 $ 69,000
Leon, Florida 465 $ 38,483,000 $ 82,759 $ 54,000
Belknap, New Hampshire 465 $ 53,083,000 $ 114,156 $ 52,000
Hamilton, Tennessee 464 $ 41,480,000 $ 89,396 $ 50,000
Adams, Pennsylvania 463 $ 52,394,000 $ 113,161 $ 60,000
Albany, New York 462 $ 32,406,000 $ 70,142 $ 61,000
Brazoria, Texas 462 $ 28,731,000 $ 62,188 $ 61,000
Boone, Kentucky 460 $ 61,821,000 $ 134,393 $ 61,000
Passaic, New Jersey 460 $ 62,255,000 $ 135,336 $ 71,000
Fulton, New York 460 $ 24,827,000 $ 53,971 $ 54,000
Wayne, North Carolina 459 $ 37,181,000 $ 81,004 $ 52,000
Clarion, Pennsylvania 459 $ 29,199,000 $ 63,614 $ 40,000
Thurston, Washington 457 $ 53,745,000 $ 117,603 $ 58,000
Kootenai, Idaho 456 $ 42,144,000 $ 92,421 $ 55,000
Washington, Oklahoma 456 $ 28,944,000 $ 63,473 $ 46,000
Warren, Pennsylvania 456 $ 29,486,000 $ 64,662 $ 42,000
Morgan, Indiana 454 $ 54,982,000 $ 121,105 $ 56,000
Portage, Ohio 454 $ 48,069,000 $ 105,878 $ 53,000
Lawrence, Ohio 449 $ 32,325,000 $ 71,993 $ 55,000
Centre, Pennsylvania 448 $ 44,412,000 $ 99,133 $ 51,000
Lackawanna, Pennsylvania 448 $ 37,704,000 $ 84,160 $ 52,000
Shawnee, Kansas 445 $ 33,557,000 $ 75,408 $ 51,000
Crawford, Ohio 445 $ 35,643,000 $ 80,096 $ 43,000
Daviess, Kentucky 444 $ 37,235,000 $ 83,862 $ 42,000
Strafford, New Hampshire 443 $ 46,781,000 $ 105,600 $ 62,000
Gallia, Ohio 443 $ 34,838,000 $ 78,641 $ 49,000
Muskegon, Michigan 441 $ 34,883,000 $ 79,099 $ 48,000
Madison, Tennessee 441 $ 38,936,000 $ 88,290 $ 48,000
Rensselaer, New York 440 $ 33,077,000 $ 75,175 $ 50,000
Bedford, Virginia 440 $ 44,385,000 $ 100,875 $ 46,000
Campbell, Kentucky 437 $ 45,625,000 $ 104,405 $ 53,000
Coconino, Arizona 436 $ 59,904,000 $ 137,394 $ 73,000
Cascade, Montana 436 $ 40,401,000 $ 92,662 $ 58,000
Greenville, South Carolina 436 $ 40,849,000 $ 93,690 $ 46,000
Davis, Utah 436 $ 58,240,000 $ 133,577 $ 62,000
Warren, Ohio 435 $ 51,854,000 $ 119,204 $ 67,000
Portsmouth, Virginia 434 $ 37,504,000 $ 86,414 $ 60,000
Seminole, Florida 433 $ 45,777,000 $ 105,720 $ 57,000
Iredell, North Carolina 433 $ 36,881,000 $ 85,175 $ 57,000
Hamilton, Indiana 431 $ 58,401,000 $ 135,501 $ 79,000
Wayne, Ohio 431 $ 42,407,000 $ 98,392 $ 50,000
Morris, New Jersey 429 $ 77,088,000 $ 179,692 $ 84,000
Augusta, Virginia 427 $ 45,817,000 $ 107,299 $ 49,000
Muscogee, Georgia 422 $ 35,071,000 $ 83,106 $ 54,000
Horry, South Carolina 422 $ 39,203,000 $ 92,898 $ 45,000
Spartanburg, South Carolina 422 $ 30,644,000 $ 72,616 $ 48,000
Richmond City, Virginia 422 $ 30,815,000 $ 73,021 $ 41,000
Penobscot, Maine 421 $ 37,556,000 $ 89,206 $ 53,000
Kent, Michigan 421 $ 39,290,000 $ 93,325 $ 48,000
Delaware, Ohio 418 $ 57,451,000 $ 137,442 $ 63,000
Newport News, Virginia 414 $ 38,459,000 $ 92,896 $ 56,000
Boulder, Colorado 411 $ 78,283,000 $ 190,469 $ 74,000
Lake, California 410 $ 40,975,000 $ 99,939 $ 55,000
Ramsey, Minnesota 408 $ 63,296,000 $ 155,137 $ 56,000
Washington, Ohio 408 $ 29,181,000 $ 71,522 $ 47,000
Sweetwater, Wyoming 408 $ 44,255,000 $ 108,468 $ 73,000
Marion, Ohio 406 $ 27,201,000 $ 66,997 $ 45,000
Onslow, North Carolina 403 $ 28,065,000 $ 69,640 $ 48,000
Belmont, Ohio 402 $ 28,442,000 $ 70,751 $ 41,000
Henry, Georgia 401 $ 39,648,000 $ 98,872 $ 63,000
Racine, Wisconsin 399 $ 38,819,000 $ 97,290 $ 54,000
Shenandoah, Virginia 398 $ 41,616,000 $ 104,562 $ 51,000
Jefferson, Alabama 397 $ 24,849,000 $ 62,591 $ 53,000
Lynchburg, Virginia 397 $ 27,806,000 $ 70,040 $ 45,000
Canadian, Oklahoma 396 $ 34,852,000 $ 88,010 $ 54,000
San Patricio, Texas 395 $ 17,329,000 $ 43,870 $ 50,000
Rockland, New York 394 $ 70,499,000 $ 178,931 $ 92,000
Mendocino, California 393 $ 44,430,000 $ 113,053 $ 59,000
Clay, Florida 392 $ 40,826,000 $ 104,147 $ 58,000
Jackson, Ohio 392 $ 27,415,000 $ 69,936 $ 42,000
Berkshire, Massachusetts 391 $ 32,799,000 $ 83,884 $ 49,000
Sussex, New Jersey 388 $ 42,529,000 $ 109,610 $ 84,000
Taylor, Texas 387 $ 12,364,000 $ 31,948 $ 42,000
Anoka, Minnesota 384 $ 65,397,000 $ 170,304 $ 71,000
Washington, New York 384 $ 24,986,000 $ 65,067 $ 60,000
Jefferson, Pennsylvania 384 $ 20,461,000 $ 53,283 $ 48,000
Kane, Illinois 383 $ 51,687,000 $ 134,953 $ 70,000
Hancock, Ohio 383 $ 35,987,000 $ 93,960 $ 53,000
Sangamon, Illinois 382 $ 30,117,000 $ 78,840 $ 48,000
Greene, Ohio 382 $ 39,535,000 $ 103,494 $ 55,000
Hampton, Virginia 382 $ 34,958,000 $ 91,513 $ 55,000
McKean, Pennsylvania 381 $ 20,480,000 $ 53,753 $ 41,000
Kennebec, Maine 379 $ 32,894,000 $ 86,791 $ 49,000
St. Louis, Minnesota 379 $ 37,326,000 $ 98,485 $ 55,000
Somerset, Pennsylvania 379 $ 27,648,000 $ 72,949 $ 40,000
Rock, Wisconsin 379 $ 35,332,000 $ 93,224 $ 54,000
Dakota, Minnesota 376 $ 71,309,000 $ 189,651 $ 66,000
Yellowstone, Montana 375 $ 36,176,000 $ 96,469 $ 63,000
Anderson, South Carolina 375 $ 32,181,000 $ 85,816 $ 53,000
Leavenworth, Kansas 374 $ 35,674,000 $ 95,385 $ 47,000
Lafayette, Louisiana 374 $ 32,920,000 $ 88,021 $ 56,000
Somerset, Maryland 373 $ 32,584,000 $ 87,356 $ 45,000
Sullivan, Tennessee 372 $ 32,198,000 $ 86,553 $ 44,000
Tioga, New York 371 $ 23,012,000 $ 62,026 $ 79,000
Skagit, Washington 371 $ 49,359,000 $ 133,043 $ 57,000
Ingham, Michigan 370 $ 32,905,000 $ 88,932 $ 57,000
Santa Fe, New Mexico 370 $ 51,758,000 $ 139,886 $ 54,000
Campbell, Virginia 367 $ 28,004,000 $ 76,305 $ 50,000
Stafford, Virginia 367 $ 60,077,000 $ 163,697 $ 75,000
Pennington, South Dakota 365 $ 34,347,000 $ 94,101 $ 57,000
Johnson, Indiana 362 $ 43,736,000 $ 120,817 $ 55,000
Lancaster, Nebraska 361 $ 33,751,000 $ 93,493 $ 55,000
Aiken, South Carolina 361 $ 32,949,000 $ 91,271 $ 47,000
Genesee, New York 360 $ 28,267,000 $ 78,519 $ 59,000
Cabell, West Virginia 358 $ 25,364,000 $ 70,849 $ 43,000
Grant, Indiana 357 $ 23,791,000 $ 66,641 $ 44,000
Sarpy, Nebraska 356 $ 38,514,000 $ 108,185 $ 55,000
Tehama, California 355 $ 40,534,000 $ 114,180 $ 52,000
Tompkins, New York 355 $ 28,086,000 $ 79,115 $ 56,000
Berkeley, West Virginia 354 $ 20,534,000 $ 58,005 $ 50,000
Sarasota, Florida 353 $ 39,404,000 $ 111,626 $ 61,000
Guernsey, Ohio 352 $ 28,267,000 $ 80,303 $ 45,000
Berkeley, South Carolina 352 $ 24,704,000 $ 70,181 $ 48,000
Suffolk, Massachusetts 351 $ 64,162,000 $ 182,797 $ 71,000
Windham, Connecticut 350 $ 31,841,000 $ 90,974 $ 54,000
Macon, Illinois 350 $ 21,578,000 $ 61,651 $ 48,000
Androscoggin, Maine 350 $ 34,587,000 $ 98,820 $ 48,000
Worcester, Maryland 350 $ 36,725,000 $ 104,928 $ 49,000
Wagoner, Oklahoma 350 $ 32,223,000 $ 92,065 $ 54,000
Mesa, Colorado 349 $ 38,996,000 $ 111,736 $ 47,000
Bay, Florida 349 $ 33,274,000 $ 95,340 $ 45,000
Grafton, New Hampshire 347 $ 32,542,000 $ 93,780 $ 50,000
Logan, Ohio 347 $ 34,455,000 $ 99,293 $ 55,000
Raleigh, West Virginia 347 $ 24,480,000 $ 70,547 $ 43,000
Carbon, Pennsylvania 346 $ 30,216,000 $ 87,329 $ 46,000
San Francisco, California 345 $ 83,587,000 $ 242,281 $ 84,000
Perry, Ohio 344 $ 31,624,000 $ 91,930 $ 56,000
Muskogee, Oklahoma 344 $ 23,401,000 $ 68,026 $ 44,000
Caldwell, North Carolina 342 $ 31,308,000 $ 91,543 $ 48,000
Craven, North Carolina 341 $ 25,856,000 $ 75,824 $ 55,000
Union, North Carolina 341 $ 38,301,000 $ 112,319 $ 60,000
Wichita, Texas 340 $ 13,141,000 $ 38,650 $ 47,000
Peoria, Illinois 339 $ 28,010,000 $ 82,625 $ 52,000
Charles, Maryland 339 $ 53,233,000 $ 157,029 $ 68,000
Lawrence, Pennsylvania 339 $ 25,176,000 $ 74,265 $ 47,000
Tippecanoe, Indiana 338 $ 34,313,000 $ 101,517 $ 62,000
Pitt, North Carolina 338 $ 29,410,000 $ 87,011 $ 47,000
Wood, Ohio 337 $ 36,604,000 $ 108,617 $ 57,000
Clark, Indiana 334 $ 35,052,000 $ 104,946 $ 57,000
Seneca, Ohio 334 $ 26,891,000 $ 80,511 $ 46,000
Perry, Pennsylvania 334 $ 31,666,000 $ 94,808 $ 53,000
Roanoke, Virginia 334 $ 41,202,000 $ 123,359 $ 62,000
Douglas, Colorado 333 $ 55,379,000 $ 166,303 $ 91,000
Harnett, North Carolina 333 $ 25,319,000 $ 76,033 $ 51,000
Lewis and Clark, Montana 332 $ 35,821,000 $ 107,894 $ 58,000
Champaign, Ohio 332 $ 34,743,000 $ 104,647 $ 47,000
Lee, Alabama 331 $ 23,429,000 $ 70,782 $ 48,000
St. Lucie, Florida 329 $ 28,209,000 $ 85,741 $ 48,000
Knox, Ohio 329 $ 32,753,000 $ 99,553 $ 51,000
York, South Carolina 329 $ 33,863,000 $ 102,927 $ 52,000
Washington, Virginia 329 $ 27,265,000 $ 82,872 $ 47,000
Johnston, North Carolina 328 $ 31,702,000 $ 96,652 $ 50,000
Washington, Tennessee 328 $ 28,904,000 $ 88,121 $ 50,000
Essex, New York 327 $ 22,163,000 $ 67,776 $ 43,000
Montgomery, New York 326 $ 17,774,000 $ 54,521 $ 43,000
Montgomery, Virginia 326 $ 34,260,000 $ 105,092 $ 58,000
Yuba, California 325 $ 43,637,000 $ 134,267 $ 61,000
Benton, Washington 325 $ 35,829,000 $ 110,243 $ 63,000
Twin Falls, Idaho 323 $ 23,273,000 $ 72,052 $ 48,000
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Mortgage Loan Application Detail Totals for Beneficial in 2004

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 482,446 $58,252,109,000 $125,479 $1,000,000 $57,312 $1,560,000
Home Improvement 142,189 $6,214,663,000 $36,200 $1,000,000 $51,540 $1,572,000
Home Purchase 302 $26,617,000 $112,114 $610,000 $62,085 $1,043,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 382,716 $38,947,737,000 $100,489 $1,000,000 $54,795 $1,560,000
Black or African American 93,751 $9,109,123,000 $98,260 $970,000 $55,065 $1,102,000
Hispanic 66,692 $6,809,882,000 $100,595 $1,000,000 $54,638 $1,100,000
Not Provided 64,943 $7,239,002,000 $103,448 $1,000,000 $56,265 $1,572,000
Asian 7,856 $1,324,301,000 $119,195 $1,000,000 $62,804 $1,055,000
American Indian or Alaskan Native 4,495 $349,836,000 $73,212 $756,000 $53,851 $1,164,000
Native Hawaiian or Other Pacific Islander 3,997 $672,688,000 $113,276 $1,000,000 $60,531 $900,000
Not applicable 487 $40,820,000 $74,046 $620,000 $66,116 $267,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 624,937 $64,493,389,000 $100,392 $1,000,000 $54,411 $1,572,000
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

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Denied By Financial Institution 317,167 $30,470,857,000 $91,020 $1,000,000 $52,160 $1,335,000
Application Withdrawn By Applicant 216,243 $25,650,863,000 $116,021 $1,000,000 $60,872 $1,572,000
Loan Originated 81,252 $7,729,003,000 $95,437 $846,000 $58,604 $970,000
Application Approved But Not Accepted 7,656 $346,226,000 $44,191 $735,000 $56,148 $1,164,000
File Closed For Incompleteness 2,619 $296,440,000 $117,244 $750,000 $60,800 $1,122,000
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

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 99,961 $8,002,878,000 $85,553 $999,000 $52,702 $1,335,000
Other 96,132 $10,277,532,000 $100,244 $1,000,000 $54,469 $1,200,000
Credit Application Incomplete 57,672 $6,062,601,000 $97,085 $1,000,000 $58,148 $1,164,000
Debt-To-Income Ratio 35,034 $3,474,286,000 $96,875 $900,000 $36,750 $720,000
Collateral 22,075 $2,215,730,000 $107,510 $850,000 $61,510 $997,000
Employment History 1,438 $119,146,000 $86,170 $650,000 $61,617 $620,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Beneficial's 2004 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Beneficial's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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