East West Bank Mortgage Lending & HMDA Data, 2012

In 2012, East West Bank of Pasadena, CA reported 3,969 mortgage applications totaling $1.4 billion, down 23% from 2011. The average application was for $346,818, and applicants reported an average income of $822. 59% of its applications resulted in an originated loan and 25% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,371), New York-White Plains-Wayne, NY-NJ (496) and Oakland-Fremont-Hayward, CA (349) (applications in parentheses).

Mortgage Company & Address East West Bank
135 North Los Robles Avenue
Pasadena, CA 91101
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 3,969
Total Mortgage Loan Application Amount $1,376,522,000
Average Mortgage Loan Application Amount $346,818
Highest Mortgage Loan Application Amount $13,681,000
Average Applicant Income $822
Highest Applicant Income $752,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 East West Bank by County in 2012

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 1,371 $ 557,598,000 $ 406,708 $ 0
Alameda, California 338 $ 82,392,000 $ 243,763 $ 0
Queens, New York 294 $ 95,318,000 $ 324,210 $ 0
Orange, California 266 $ 103,714,000 $ 389,902 $ 0
San Bernardino, California 259 $ 58,005,000 $ 223,957 $ 0
Santa Clara, California 213 $ 72,934,000 $ 342,413 $ 2,000
Kings, New York 173 $ 67,985,000 $ 392,976 $ 0
Harris, Texas 146 $ 30,767,000 $ 210,732 $ 0
San Mateo, California 145 $ 91,534,000 $ 631,268 $ 0
San Francisco, California 131 $ 66,250,000 $ 505,725 $ 15,000
King, Washington 120 $ 31,747,000 $ 264,558 $ 0
Sacramento, California 87 $ 22,628,000 $ 260,091 $ 0
Gwinnett, Georgia 87 $ 8,350,000 $ 95,977 $ 2,000
Norfolk, Massachusetts 68 $ 13,903,000 $ 204,455 $ 0
San Joaquin, California 43 $ 4,740,000 $ 110,232 $ 1,000
Fulton, Georgia 43 $ 7,906,000 $ 183,860 $ 0
Middlesex, Massachusetts 29 $ 12,946,000 $ 446,413 $ 2,000
DeKalb, Georgia 19 $ 3,196,000 $ 168,210 $ 0
Richmond, New York 17 $ 3,606,000 $ 212,117 $ 0
Cobb, Georgia 14 $ 2,225,000 $ 158,928 $ 7,000
Riverside, California 13 $ 2,266,000 $ 174,307 $ 16,000
Suffolk, Massachusetts 12 $ 6,298,000 $ 524,833 $ 0
Contra Costa, California 11 $ 3,334,000 $ 303,090 $ 0
New York, New York 8 $ 5,761,000 $ 720,125 $ 0
Ventura, California 6 $ 2,424,000 $ 404,000 $ 0
Cherokee, Georgia 6 $ 827,000 $ 137,833 $ 0
Nassau, New York 6 $ 5,980,000 $ 996,666 $ 0
San Diego, California 4 $ 5,450,000 $ 1,362,500 $ 0
Fayette, Georgia 4 $ 578,000 $ 144,500 $ 0
Henry, Georgia 4 $ 354,000 $ 88,500 $ 0
Bronx, New York 4 $ 797,000 $ 199,250 $ 0
Fort Bend, Texas 4 $ 1,096,000 $ 274,000 $ 0
Snohomish, Washington 4 $ 542,000 $ 135,500 $ 0
Mono, California 3 $ 1,176,000 $ 392,000 $ 0
Solano, California 3 $ 486,000 $ 162,000 $ 0
Clayton, Georgia 3 $ 187,000 $ 62,333 $ 0
Douglas, Georgia 3 $ 309,000 $ 103,000 $ 0
Forsyth, Georgia 3 $ 464,000 $ 154,666 $ 0
Barrow, Georgia 1 $ 39,000 $ 39,000 $ 0
Bartow, Georgia 1 $ 91,000 $ 91,000 $ 0
Hall, Georgia 1 $ 48,000 $ 48,000 $ 0
Bexar, Texas 1 $ 171,000 $ 171,000 $ 0
Pierce, Washington 1 $ 100,000 $ 100,000 $ 0

Mortgage Loan Application Detail Totals for East West Bank in 2012

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
Home Purchase 3,494 $1,067,314,000 $305,000 $4,100,000 $0 $525,000
Refinancing 460 $295,379,000 $642,000 $13,681,000 $7,000 $752,000
Home Improvement 15 $13,829,000 $921,000 $4,500,000 $3,000 $53,000

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
Asian 3,092 $950,638,000 $307,000 $4,780,000 $0 $323,000
White 560 $223,732,000 $399,000 $4,100,000 $3,000 $752,000
Hispanic 130 $25,161,000 $193,000 $1,420,000 $1,000 $192,000
Not applicable 83 $142,307,000 $1,714,000 $13,681,000 $0 $0
Not Provided 48 $21,627,000 $450,000 $1,900,000 $7,000 $259,000
Black or African American 47 $11,407,000 $242,000 $1,925,000 $0 $0
Native Hawaiian or Other Pacific Islander 6 $1,185,000 $197,000 $295,000 $0 $0
American Indian or Alaskan Native 3 $465,000 $155,000 $163,000 $25,000 $76,000

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) 3,910 $1,369,790,000 $350,000 $13,681,000 $1,000 $752,000
FHA-insured (Federal Housing Administration) 48 $4,717,000 $98,000 $240,000 $0 $0
VA-guaranteed (Veterans Administration) 11 $2,015,000 $183,000 $387,000 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 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
Loan Originated 2,338 $882,150,000 $377,000 $13,681,000 $0 $752,000
Application Denied By Financial Institution 1,001 $324,974,000 $324,000 $3,000,000 $3,000 $525,000
Application Approved But Not Accepted 214 $69,908,000 $326,000 $2,000,000 $0 $118,000
File Closed For Incompleteness 191 $51,008,000 $267,000 $2,000,000 $0 $0
Loan Purchased By The Institution 139 $18,825,000 $135,000 $406,000 $0 $0
Application Withdrawn By Applicant 86 $29,657,000 $344,000 $2,000,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

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
Collateral 394 $129,844,000 $329,000 $2,800,000 $2,000 $192,000
Credit History 250 $63,755,000 $255,000 $2,900,000 $0 $29,000
Unverifiable Information 211 $75,489,000 $357,000 $3,000,000 $2,000 $525,000
Other 99 $35,940,000 $363,000 $1,680,000 $2,000 $164,000
Debt-To-Income Ratio 32 $13,314,000 $416,000 $3,000,000 $59,000 $323,000
Credit Application Incomplete 11 $5,066,000 $460,000 $1,845,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 2 $486,000 $243,000 $282,000 $0 $0
Employment History 1 $330,000 $330,000 $330,000 $53,000 $53,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into East West Bank's 2012 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 East West Bank'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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