Green Tree Servicing LLC Mortgage Lending & HMDA Data, 2007

In 2007, Green Tree Servicing LLC of St. Paul, MN reported 648 mortgage applications totaling $37.7 million, down 96% from 2006. The average application was for $58,182, and applicants reported an average income of $49,000. 28% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Riverside-San Bernardino-Ontario, CA (26), Baton Rouge, LA (12) and Santa Ana-Anaheim-Irvine, CA (12) (applications in parentheses).

Mortgage Company & Address Green Tree Servicing LLC
345 St. Peter Street
St. Paul, MN 55102
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 648
Total Mortgage Loan Application Amount $37,702,000
Average Mortgage Loan Application Amount $58,182
Highest Mortgage Loan Application Amount $181,000
Average Applicant Income $49,000
Highest Applicant Income $408,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Green Tree Servicing LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Green Tree Servicing LLC in 2007

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 648 $37,702,000 $58,000 $181,000 $49,000 $408,000
Refinancing 0 $0 $0 $0 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

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 402 $22,867,000 $56,000 $181,000 $50,000 $360,000
Not Provided 101 $6,198,000 $61,000 $176,000 $48,000 $300,000
Hispanic 67 $4,450,000 $66,000 $150,000 $54,000 $408,000
Black or African American 66 $3,358,000 $50,000 $98,000 $37,000 $120,000
American Indian or Alaskan Native 5 $248,000 $49,000 $72,000 $49,000 $84,000
Asian 5 $465,000 $93,000 $153,000 $49,000 $79,000
Native Hawaiian or Other Pacific Islander 2 $116,000 $58,000 $70,000 $41,000 $46,000
Not applicable 0 $0 $0 $0 $0 $0

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) 648 $37,702,000 $58,000 $181,000 $49,000 $408,000
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 Approved But Not Accepted 365 $22,709,000 $62,000 $181,000 $52,000 $408,000
Loan Originated 181 $9,702,000 $53,000 $151,000 $47,000 $223,000
Application Denied By Financial Institution 101 $5,211,000 $51,000 $136,000 $39,000 $144,000
Application Withdrawn By Applicant 1 $80,000 $80,000 $80,000 $38,000 $38,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 70 $3,398,000 $48,000 $101,000 $41,000 $144,000
Debt-To-Income Ratio 28 $1,674,000 $59,000 $136,000 $35,000 $87,000
Collateral 2 $124,000 $62,000 $100,000 $26,000 $37,000
Employment History 1 $15,000 $15,000 $15,000 $9,000 $9,000
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
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Green Tree Servicing LLC's 2007 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 Green Tree Servicing LLC'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.
For a list of all lenders in Minnesota, download the full spreadsheet with aggregated HMDA statistics today.

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