New South Federal Savings Bank Mortgage Lending & HMDA Data, 2004
In 2004, New South Federal Savings Bank of Birmingham, AL reported 12,744 mortgage applications totaling $1.5 billion, down 33% from 2003. The average application was for $114,123, and applicants reported an average income of $53,928. 43% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Birmingham-Hoover, AL (1,563), Nashville-Davidson--Murfreesboro, TN (619) and Houston-Baytown-Sugar Land, TX (438) (applications in parentheses).
| Mortgage Company & Address | New South Federal Savings Bank 1900 Crestwood Boulevard Birmingham, AL 35210 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 12,744 |
| Total Mortgage Loan Application Amount | $1,454,393,000 |
| Average Mortgage Loan Application Amount | $114,123 |
| Highest Mortgage Loan Application Amount | $14,000,000 |
| Average Applicant Income | $53,928 |
| Highest Applicant Income | $3,600,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records New South Federal Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Birmingham-Hoover, AL | 1,563 | $ 165,745,000 | $ 106,042 | $ 50,000 |
| Nashville-Davidson--Murfreesboro, TN | 619 | $ 82,328,000 | $ 133,001 | $ 61,000 |
| Houston-Baytown-Sugar Land, TX | 438 | $ 73,609,000 | $ 168,057 | $ 86,000 |
| Mobile, AL | 420 | $ 32,029,000 | $ 76,259 | $ 38,000 |
| Huntsville, AL | 386 | $ 38,868,000 | $ 100,694 | $ 55,000 |
| Atlanta-Sandy Springs-Marietta, GA | 260 | $ 45,688,000 | $ 175,723 | $ 75,000 |
| Montgomery, AL | 251 | $ 20,805,000 | $ 82,888 | $ 53,000 |
| Fayetteville, NC | 243 | $ 30,061,000 | $ 123,707 | $ 58,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 227 | $ 30,533,000 | $ 134,506 | $ 61,000 |
| Alexandria, LA | 226 | $ 13,732,000 | $ 60,761 | $ 40,000 |
| Gainesville, FL | 183 | $ 23,221,000 | $ 126,890 | $ 59,000 |
| New Orleans-Metairie-Kenner, LA | 178 | $ 28,783,000 | $ 161,702 | $ 67,000 |
| Phoenix-Mesa-Scottsdale, AZ | 173 | $ 23,663,000 | $ 136,780 | $ 57,000 |
| Richmond, VA | 156 | $ 20,819,000 | $ 133,455 | $ 55,000 |
| Decatur, AL | 154 | $ 13,239,000 | $ 85,967 | $ 47,000 |
| Chattanooga, TN-GA | 147 | $ 15,819,000 | $ 107,612 | $ 48,000 |
| Anniston-Oxford, AL | 138 | $ 11,314,000 | $ 81,985 | $ 50,000 |
| Savannah, GA | 135 | $ 17,765,000 | $ 131,592 | $ 62,000 |
| Florence-Muscle Shoals, AL | 133 | $ 10,181,000 | $ 76,548 | $ 40,000 |
| Columbus, GA-AL | 131 | $ 13,576,000 | $ 103,633 | $ 45,000 |
| Knoxville, TN | 119 | $ 12,997,000 | $ 109,218 | $ 48,000 |
| Hattiesburg, MS | 117 | $ 9,720,000 | $ 83,076 | $ 51,000 |
| Jackson, MS | 116 | $ 8,633,000 | $ 74,422 | $ 45,000 |
| Lexington-Fayette, KY | 110 | $ 14,889,000 | $ 135,354 | $ 49,000 |
| Little Rock-North Little Rock, AR | 103 | $ 9,467,000 | $ 91,912 | $ 49,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 100 | $ 8,134,000 | $ 81,340 | $ 44,000 |
| Auburn-Opelika, AL | 98 | $ 11,060,000 | $ 112,857 | $ 53,000 |
| Greensboro-High Point, NC | 92 | $ 9,316,000 | $ 101,260 | $ 64,000 |
| Memphis, TN-MS-AR | 90 | $ 6,641,000 | $ 73,788 | $ 55,000 |
| Lake Charles, LA | 71 | $ 5,092,000 | $ 71,718 | $ 77,000 |
| Las Vegas-Paradise, NV | 69 | $ 17,225,000 | $ 249,637 | $ 76,000 |
| Fort Smith, AR-OK | 64 | $ 4,133,000 | $ 64,578 | $ 37,000 |
| Pensacola-Ferry Pass-Brent, FL | 63 | $ 7,020,000 | $ 111,428 | $ 49,000 |
| Tampa-St. Petersburg-Clearwater, FL | 62 | $ 7,931,000 | $ 127,919 | $ 71,000 |
| Gulfport-Biloxi, MS | 54 | $ 5,303,000 | $ 98,203 | $ 50,000 |
| Tuscaloosa, AL | 53 | $ 5,727,000 | $ 108,056 | $ 52,000 |
| Jonesboro, AR | 45 | $ 2,777,000 | $ 61,711 | $ 46,000 |
| Cape Coral-Fort Myers, FL | 44 | $ 9,108,000 | $ 207,000 | $ 66,000 |
| Shreveport-Bossier City, LA | 44 | $ 3,242,000 | $ 73,681 | $ 49,000 |
| Jacksonville, FL | 43 | $ 4,843,000 | $ 112,627 | $ 69,000 |
| Naples-Marco Island, FL | 40 | $ 9,494,000 | $ 237,350 | $ 109,000 |
| Baton Rouge, LA | 33 | $ 3,462,000 | $ 104,909 | $ 56,000 |
| Louisville, KY-IN | 29 | $ 3,181,000 | $ 109,689 | $ 55,000 |
| Lafayette, LA | 28 | $ 2,006,000 | $ 71,642 | $ 42,000 |
| Clarksville, TN-KY | 25 | $ 2,364,000 | $ 94,560 | $ 38,000 |
| Dothan, AL | 25 | $ 1,569,000 | $ 62,760 | $ 48,000 |
| Pascagoula, MS | 25 | $ 1,460,000 | $ 58,400 | $ 35,000 |
| Joplin, MO | 22 | $ 1,152,000 | $ 52,363 | $ 40,000 |
| Macon, GA | 20 | $ 2,641,000 | $ 132,050 | $ 66,000 |
| Dallas-Plano-Irving, TX | 19 | $ 3,606,000 | $ 189,789 | $ 77,000 |
| Panama City-Lynn Haven, FL | 19 | $ 1,695,000 | $ 89,210 | $ 41,000 |
| Austin-Round Rock, TX | 18 | $ 2,398,000 | $ 133,222 | $ 78,000 |
| Orlando, FL | 18 | $ 3,119,000 | $ 173,277 | $ 92,000 |
| Fort Walton Beach-Crestview-Destin, FL | 17 | $ 1,768,000 | $ 104,000 | $ 69,000 |
| Gadsden, AL | 17 | $ 1,064,000 | $ 62,588 | $ 47,000 |
| Morristown, TN | 17 | $ 1,728,000 | $ 101,647 | $ 45,000 |
| Johnson City, TN | 13 | $ 1,131,000 | $ 87,000 | $ 47,000 |
| Monroe, LA | 12 | $ 538,000 | $ 44,833 | $ 41,000 |
| San Antonio, TX | 12 | $ 1,333,000 | $ 111,083 | $ 69,000 |
| Charleston-North Charleston, SC | 11 | $ 1,444,000 | $ 131,272 | $ 66,000 |
| Hot Springs, AR | 11 | $ 1,360,000 | $ 123,636 | $ 62,000 |
| Fort Worth-Arlington, TX | 10 | $ 9,891,000 | $ 989,100 | $ 72,000 |
| Cleveland, TN | 9 | $ 739,000 | $ 82,111 | $ 49,000 |
| Greenville, SC | 9 | $ 1,014,000 | $ 112,666 | $ 52,000 |
| Houma-Bayou Cane-Thibodaux, LA | 8 | $ 629,000 | $ 78,625 | $ 49,000 |
| Jackson, TN | 8 | $ 508,000 | $ 63,500 | $ 36,000 |
| Sarasota-Bradenton-Venice, FL | 8 | $ 2,132,000 | $ 266,500 | $ 113,000 |
| St. George, UT | 8 | $ 1,449,000 | $ 181,125 | $ 68,000 |
| Winston-Salem, NC | 8 | $ 1,055,000 | $ 131,875 | $ 90,000 |
| Columbia, SC | 7 | $ 529,000 | $ 75,571 | $ 46,000 |
| Ocala, FL | 7 | $ 655,000 | $ 93,571 | $ 49,000 |
| Pine Bluff, AR | 7 | $ 536,000 | $ 76,571 | $ 44,000 |
| Brownsville-Harlingen, TX | 6 | $ 862,000 | $ 143,666 | $ 112,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 6 | $ 980,000 | $ 163,333 | $ 83,000 |
| Gainesville, GA | 6 | $ 963,000 | $ 160,500 | $ 72,000 |
| Palm Bay-Melbourne-Titusville, FL | 6 | $ 845,000 | $ 140,833 | $ 50,000 |
| St. Louis, MO-IL | 6 | $ 453,000 | $ 75,500 | $ 47,000 |
| Athens-Clarke County, GA | 5 | $ 660,000 | $ 132,000 | $ 59,000 |
| Dalton, GA | 5 | $ 549,000 | $ 109,800 | $ 59,000 |
| Durham, NC | 5 | $ 764,000 | $ 152,800 | $ 57,000 |
| Lakeland, FL | 5 | $ 506,000 | $ 101,200 | $ 45,000 |
| Springfield, MO | 5 | $ 476,000 | $ 95,200 | $ 40,000 |
| Tallahassee, FL | 5 | $ 559,000 | $ 111,800 | $ 45,000 |
| Warner Robins, GA | 5 | $ 721,000 | $ 144,200 | $ 60,000 |
| Charlotte-Gastonia-Concord, NC-SC | 4 | $ 410,000 | $ 102,500 | $ 41,000 |
| Indianapolis, IN | 4 | $ 533,000 | $ 133,250 | $ 75,000 |
| Raleigh-Cary, NC | 4 | $ 396,000 | $ 99,000 | $ 88,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 4 | $ 590,000 | $ 147,500 | $ 102,000 |
| Burlington, NC | 3 | $ 364,000 | $ 121,333 | $ 44,000 |
| College Station-Bryan, TX | 3 | $ 236,000 | $ 78,666 | $ 44,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 3 | $ 494,000 | $ 164,666 | $ 115,000 |
| Albany, GA | 2 | $ 190,000 | $ 95,000 | $ 38,000 |
| Augusta-Richmond County, GA-SC | 2 | $ 154,000 | $ 77,000 | $ 72,000 |
| Brunswick, GA | 2 | $ 462,000 | $ 231,000 | $ 65,000 |
| Chicago-Naperville-Joliet, IL | 2 | $ 193,000 | $ 96,500 | $ 87,000 |
| Corpus Christi, TX | 2 | $ 137,000 | $ 68,500 | $ 122,000 |
| El Paso, TX | 2 | $ 3,234,000 | $ 1,617,000 | $ 41,000 |
| Jacksonville, NC | 2 | $ 69,000 | $ 34,500 | $ 91,000 |
| Kingsport-Bristol-Bristol, TN-VA | 2 | $ 228,000 | $ 114,000 | $ 44,000 |
| Laredo, TX | 2 | $ 571,000 | $ 285,500 | $ 274,000 |
| Odessa, TX | 2 | $ 99,000 | $ 49,500 | $ 36,000 |
| Owensboro, KY | 2 | $ 153,000 | $ 76,500 | $ 34,000 |
| Port St. Lucie-Fort Pierce, FL | 2 | $ 362,000 | $ 181,000 | $ 106,000 |
| Reno-Sparks, NV | 2 | $ 255,000 | $ 127,500 | $ 36,000 |
| Rome, GA | 2 | $ 209,000 | $ 104,500 | $ 42,000 |
| Texarkana, Tx-Texarkana, AR | 2 | $ 143,000 | $ 71,500 | $ 104,000 |
| Tucson, AZ | 2 | $ 456,000 | $ 228,000 | $ 111,000 |
| Valdosta, GA | 2 | $ 127,000 | $ 63,500 | $ 38,000 |
| Waco, TX | 2 | $ 129,000 | $ 64,500 | $ 23,000 |
| Wilmington, NC | 2 | $ 298,000 | $ 149,000 | $ 109,000 |
| Albuquerque, NM | 1 | $ 79,000 | $ 79,000 | $ 95,000 |
| Amarillo, TX | 1 | $ 5,400,000 | $ 5,400,000 | $ 0 |
| Anderson, SC | 1 | $ 110,000 | $ 110,000 | $ 160,000 |
| Beaumont-Port Arthur, TX | 1 | $ 91,000 | $ 91,000 | $ 58,000 |
| Bethesda-Frederick-Gaithersburg, MD | 1 | $ 166,000 | $ 166,000 | $ 99,000 |
| Blacksburg-Christiansburg-Radford, VA | 1 | $ 115,000 | $ 115,000 | $ 140,000 |
| Cincinnati-Middletown, OH-KY-IN | 1 | $ 76,000 | $ 76,000 | $ 0 |
| Columbus, OH | 1 | $ 63,000 | $ 63,000 | $ 29,000 |
| Danville, VA | 1 | $ 1,657,000 | $ 1,657,000 | $ 0 |
| Dayton, OH | 1 | $ 135,000 | $ 135,000 | $ 45,000 |
| Denver-Aurora, CO | 1 | $ 232,000 | $ 232,000 | $ 66,000 |
| Elizabethtown, KY | 1 | $ 122,000 | $ 122,000 | $ 46,000 |
| Flagstaff, AZ | 1 | $ 178,000 | $ 178,000 | $ 120,000 |
| Florence, SC | 1 | $ 120,000 | $ 120,000 | $ 26,000 |
| Harrisonburg, VA | 1 | $ 101,000 | $ 101,000 | $ 214,000 |
| Jefferson City, MO | 1 | $ 32,000 | $ 32,000 | $ 26,000 |
| Kankakee-Bradley, IL | 1 | $ 200,000 | $ 200,000 | $ 79,000 |
| Lafayette, IN | 1 | $ 94,000 | $ 94,000 | $ 0 |
| Lake County-Kenosha County, IL-WI | 1 | $ 296,000 | $ 296,000 | $ 130,000 |
| Lawrence, KS | 1 | $ 188,000 | $ 188,000 | $ 73,000 |
| Los Angeles-Long Beach-Glendale, CA | 1 | $ 3,070,000 | $ 3,070,000 | $ 0 |
| Mansfield, OH | 1 | $ 69,000 | $ 69,000 | $ 16,000 |
| McAllen-Edinburg-Pharr, TX | 1 | $ 77,000 | $ 77,000 | $ 53,000 |
| Miami-Miami Beach-Kendall, FL | 1 | $ 177,000 | $ 177,000 | $ 47,000 |
| Midland, TX | 1 | $ 78,000 | $ 78,000 | $ 33,000 |
| Milwaukee-Waukesha-West Allis, WI | 1 | $ 135,000 | $ 135,000 | $ 67,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 1 | $ 130,000 | $ 130,000 | $ 77,000 |
| Oakland-Fremont-Hayward, CA | 1 | $ 6,670,000 | $ 6,670,000 | $ 0 |
| Oklahoma City, OK | 1 | $ 149,000 | $ 149,000 | $ 192,000 |
| Providence-New Bedford-Fall River, RI-MA | 1 | $ 8,900,000 | $ 8,900,000 | $ 0 |
| Roanoke, VA | 1 | $ 129,000 | $ 129,000 | $ 114,000 |
| Rocky Mount, NC | 1 | $ 54,000 | $ 54,000 | $ 46,000 |
| Salisbury, MD | 1 | $ 48,000 | $ 48,000 | $ 60,000 |
| Salt Lake City, UT | 1 | $ 119,000 | $ 119,000 | $ 38,000 |
| San Francisco-San Mateo-Redwood City, CA | 1 | $ 10,350,000 | $ 10,350,000 | $ 0 |
| Spartanburg, SC | 1 | $ 42,000 | $ 42,000 | $ 36,000 |
| Sumter, SC | 1 | $ 54,000 | $ 54,000 | $ 24,000 |
| Topeka, KS | 1 | $ 242,000 | $ 242,000 | $ 70,000 |
| Tyler, TX | 1 | $ 272,000 | $ 272,000 | $ 145,000 |
| Victoria, TX | 1 | $ 49,000 | $ 49,000 | $ 18,000 |
| Warren-Farmington Hills-Troy, MI | 1 | $ 14,000,000 | $ 14,000,000 | $ 0 |
Mortgage Loan Application Detail Totals for New South Federal Savings Bank 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 7,395 | $962,475,000 | $1,300,142 | $14,000,000 | $55,107 | $3,600,000 |
| Refinancing | 4,945 | $456,447,000 | $98,520 | $1,631,000 | $54,440 | $936,000 |
| Home Improvement | 404 | $35,471,000 | $92,000 | $567,000 | $53,000 | $331,000 |
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 | 9,101 | $1,032,931,000 | $116,740 | $1,631,000 | $60,518 | $3,600,000 |
| Black or African American | 2,944 | $246,269,000 | $114,263 | $656,000 | $53,578 | $372,000 |
| Hispanic | 335 | $39,899,000 | $101,800 | $869,000 | $51,533 | $270,000 |
| Asian | 153 | $22,559,000 | $137,133 | $954,000 | $59,600 | $324,000 |
| Not Provided | 130 | $14,013,000 | $108,266 | $1,000,000 | $58,200 | $460,000 |
| American Indian or Alaskan Native | 38 | $4,259,000 | $108,250 | $294,000 | $56,583 | $660,000 |
| Not applicable | 25 | $92,763,000 | $4,788,500 | $14,000,000 | $2,833 | $66,000 |
| Native Hawaiian or Other Pacific Islander | 18 | $1,700,000 | $93,000 | $153,000 | $39,833 | $80,000 |
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) | 9,552 | $1,120,172,000 | $1,135,968 | $14,000,000 | $55,781 | $3,600,000 |
| FHA-insured (Federal Housing Administration) | 2,378 | $230,791,000 | $105,400 | $229,000 | $42,400 | $300,000 |
| VA-guaranteed (Veterans Administration) | 643 | $87,331,000 | $138,357 | $295,000 | $49,000 | $149,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 171 | $16,099,000 | $86,666 | $179,000 | $30,833 | $481,000 |
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 | 5,539 | $679,722,000 | $1,396,913 | $14,000,000 | $52,739 | $3,600,000 |
| Application Denied By Financial Institution | 2,212 | $215,960,000 | $403,130 | $6,670,000 | $53,086 | $936,000 |
| Application Approved But Not Accepted | 1,676 | $191,641,000 | $252,416 | $6,125,000 | $55,208 | $620,000 |
| Loan Purchased By The Institution | 1,118 | $136,816,000 | $139,111 | $954,000 | $73,777 | $606,000 |
| Preapproval Denied by Financial Institution | 916 | $87,810,000 | $95,000 | $599,000 | $44,000 | $481,000 |
| File Closed For Incompleteness | 730 | $71,738,000 | $117,000 | $654,000 | $61,937 | $800,000 |
| Preapproval Approved but not Accepted | 483 | $62,807,000 | $130,000 | $910,000 | $52,000 | $310,000 |
| Application Withdrawn By Applicant | 70 | $7,899,000 | $115,000 | $350,000 | $49,000 | $158,000 |
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 | 1,980 | $172,037,000 | $110,772 | $850,000 | $53,045 | $936,000 |
| Debt-To-Income Ratio | 555 | $58,568,000 | $134,611 | $1,330,000 | $50,722 | $372,000 |
| Collateral | 188 | $19,182,000 | $111,250 | $1,017,000 | $63,562 | $446,000 |
| Other | 179 | $31,305,000 | $610,357 | $6,670,000 | $69,428 | $530,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 75 | $7,730,000 | $95,909 | $368,000 | $42,363 | $204,000 |
| Employment History | 58 | $5,537,000 | $102,111 | $366,000 | $45,888 | $300,000 |
| Unverifiable Information | 49 | $5,334,000 | $106,416 | $599,000 | $84,333 | $379,000 |
| Credit Application Incomplete | 40 | $3,657,000 | $98,750 | $207,000 | $42,625 | $252,000 |
| Mortgage Insurance Denied | 4 | $420,000 | $105,000 | $293,000 | $144,250 | $262,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into New South Federal Savings Bank'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 New South Federal Savings 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.
For a list of all lenders in Alabama, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About