Xceed Financial Mortgage Lending & HMDA Data, 2009

In 2009, Xceed Financial of El Segundo, CA reported 1,023 mortgage applications totaling $232.3 million, up 34% from 2008. The average application was for $227,073, and applicants reported an average income of $112,609. 49% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Rochester, NY (402), Los Angeles-Long Beach-Glendale, CA (117) and Newark-Union, NJ-PA (42) (applications in parentheses).

Mortgage Company & Address Xceed Financial
888 N. Nash St
El Segundo, CA 90245
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,023
Total Mortgage Loan Application Amount $232,296,000
Average Mortgage Loan Application Amount $227,073
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $112,609
Highest Applicant Income $1,094,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Xceed Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Xceed Financial by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Monroe, New York 324 $ 43,027,000 $ 132,799 $ 93,000
Los Angeles, California 117 $ 38,482,000 $ 328,905 $ 114,000
Wayne, New York 45 $ 5,207,000 $ 115,711 $ 84,000
Morris, New Jersey 22 $ 6,303,000 $ 286,500 $ 129,000
Orange, California 21 $ 6,963,000 $ 331,571 $ 148,000
Ontario, New York 19 $ 3,705,000 $ 195,000 $ 128,000
Maricopa, Arizona 14 $ 3,603,000 $ 257,357 $ 116,000
Cook, Illinois 14 $ 4,785,000 $ 341,785 $ 124,000
Denton, Texas 13 $ 1,773,000 $ 136,384 $ 114,000
Fairfield, Connecticut 11 $ 5,874,000 $ 534,000 $ 232,000
Livingston, New York 11 $ 1,197,000 $ 108,818 $ 92,000
Riverside, California 10 $ 2,088,000 $ 208,800 $ 116,000
Santa Clara, California 10 $ 5,840,000 $ 584,000 $ 201,000
Alameda, California 9 $ 3,134,000 $ 348,222 $ 114,000
Tarrant, Texas 8 $ 715,000 $ 89,375 $ 90,000
San Mateo, California 7 $ 4,133,000 $ 590,428 $ 163,000
King, Washington 7 $ 3,569,000 $ 509,857 $ 194,000
San Bernardino, California 6 $ 1,566,000 $ 261,000 $ 68,000
Middlesex, New Jersey 6 $ 1,041,000 $ 173,500 $ 85,000
Wake, North Carolina 6 $ 1,280,000 $ 213,333 $ 118,000
Harris, Texas 6 $ 1,083,000 $ 180,500 $ 109,000
Fresno, California 5 $ 1,159,000 $ 231,800 $ 157,000
Essex, New Jersey 5 $ 1,504,000 $ 300,800 $ 90,000
Sussex, New Jersey 5 $ 1,070,000 $ 214,000 $ 139,000
Union, New Jersey 5 $ 1,435,000 $ 287,000 $ 128,000
Erie, New York 5 $ 780,000 $ 156,000 $ 83,000
Suffolk, New York 5 $ 1,993,000 $ 398,600 $ 147,000
Dallas, Texas 5 $ 989,000 $ 197,800 $ 112,000
Travis, Texas 5 $ 1,596,000 $ 319,200 $ 127,000
Placer, California 4 $ 1,776,000 $ 444,000 $ 132,000
Sonoma, California 4 $ 2,855,000 $ 713,750 $ 232,000
Ventura, California 4 $ 1,319,000 $ 329,750 $ 143,000
Arapahoe, Colorado 4 $ 1,308,000 $ 327,000 $ 150,000
Brevard, Florida 4 $ 1,189,000 $ 297,250 $ 167,000
Broward, Florida 4 $ 1,120,000 $ 280,000 $ 143,000
Clark, Nevada 4 $ 1,479,000 $ 369,750 $ 226,000
Tulsa, Oklahoma 4 $ 847,000 $ 211,750 $ 77,000
Fairfax, Virginia 4 $ 1,146,000 $ 286,500 $ 134,000
San Diego, California 3 $ 1,209,000 $ 403,000 $ 181,000
Solano, California 3 $ 1,008,000 $ 336,000 $ 168,000
New Castle, Delaware 3 $ 302,000 $ 100,666 $ 47,000
Orange, Florida 3 $ 765,000 $ 255,000 $ 127,000
Pinellas, Florida 3 $ 355,000 $ 118,333 $ 67,000
Cobb, Georgia 3 $ 552,000 $ 184,000 $ 65,000
Kendall, Illinois 3 $ 868,000 $ 289,333 $ 145,000
Baltimore, Maryland 3 $ 710,000 $ 236,666 $ 185,000
Wayne, Michigan 3 $ 496,000 $ 165,333 $ 45,000
Hunterdon, New Jersey 3 $ 968,000 $ 322,666 $ 145,000
Somerset, New Jersey 3 $ 541,000 $ 180,333 $ 95,000
Nassau, New York 3 $ 807,000 $ 269,000 $ 77,000
Orleans, New York 3 $ 290,000 $ 96,666 $ 55,000
Westchester, New York 3 $ 1,366,000 $ 455,333 $ 213,000
Mecklenburg, North Carolina 3 $ 332,000 $ 110,666 $ 77,000
Franklin, Ohio 3 $ 394,000 $ 131,333 $ 75,000
Clackamas, Oregon 3 $ 1,895,000 $ 631,666 $ 174,000
Marion, Oregon 3 $ 875,000 $ 291,666 $ 73,000
Multnomah, Oregon 3 $ 811,000 $ 270,333 $ 116,000
Washington, Oregon 3 $ 607,000 $ 202,333 $ 161,000
Collin, Texas 3 $ 341,000 $ 113,666 $ 54,000
Kern, California 2 $ 898,000 $ 449,000 $ 211,000
Douglas, Colorado 2 $ 495,000 $ 247,500 $ 66,000
Hartford, Connecticut 2 $ 399,000 $ 199,500 $ 139,000
Duval, Florida 2 $ 1,030,000 $ 515,000 $ 323,000
Hillsborough, Florida 2 $ 409,000 $ 204,500 $ 89,000
Miami-Dade, Florida 2 $ 807,000 $ 403,500 $ 123,000
Okaloosa, Florida 2 $ 699,000 $ 349,500 $ 93,000
Palm Beach, Florida 2 $ 888,000 $ 444,000 $ 170,000
Gwinnett, Georgia 2 $ 1,001,000 $ 500,500 $ 137,000
DuPage, Illinois 2 $ 848,000 $ 424,000 $ 102,000
Will, Illinois 2 $ 179,000 $ 89,500 $ 65,000
Johnson, Kansas 2 $ 654,000 $ 327,000 $ 180,000
Cumberland, Maine 2 $ 370,000 $ 185,000 $ 103,000
Montgomery, Maryland 2 $ 880,000 $ 440,000 $ 188,000
Middlesex, Massachusetts 2 $ 1,162,000 $ 581,000 $ 262,000
Norfolk, Massachusetts 2 $ 1,162,000 $ 581,000 $ 176,000
Washoe, Nevada 2 $ 475,000 $ 237,500 $ 102,000
Bergen, New Jersey 2 $ 347,000 $ 173,500 $ 63,000
Camden, New Jersey 2 $ 412,000 $ 206,000 $ 151,000
Passaic, New Jersey 2 $ 254,000 $ 127,000 $ 60,000
Queens, New York 2 $ 622,000 $ 311,000 $ 65,000
Cuyahoga, Ohio 2 $ 265,000 $ 132,500 $ 69,000
Allegheny, Pennsylvania 2 $ 275,000 $ 137,500 $ 71,000
Bucks, Pennsylvania 2 $ 514,000 $ 257,000 $ 112,000
Pike, Pennsylvania 2 $ 231,000 $ 115,500 $ 48,000
Hamilton, Tennessee 2 $ 140,000 $ 70,000 $ 18,000
Bexar, Texas 2 $ 450,000 $ 225,000 $ 47,000
Clark, Washington 2 $ 450,000 $ 225,000 $ 89,000
Spokane, Washington 2 $ 275,000 $ 137,500 $ 159,000
Etowah, Alabama 1 $ 40,000 $ 40,000 $ 32,000
Jefferson, Alabama 1 $ 97,000 $ 97,000 $ 37,000
Mohave, Arizona 1 $ 170,000 $ 170,000 $ 78,000
Saline, Arkansas 1 $ 115,000 $ 115,000 $ 41,000
Contra Costa, California 1 $ 749,000 $ 749,000 $ 272,000
El Dorado, California 1 $ 274,000 $ 274,000 $ 162,000
Marin, California 1 $ 750,000 $ 750,000 $ 245,000
Monterey, California 1 $ 417,000 $ 417,000 $ 131,000
Sacramento, California 1 $ 319,000 $ 319,000 $ 118,000
San Francisco, California 1 $ 233,000 $ 233,000 $ 101,000
San Luis Obispo, California 1 $ 200,000 $ 200,000 $ 87,000
Santa Cruz, California 1 $ 417,000 $ 417,000 $ 155,000
Shasta, California 1 $ 84,000 $ 84,000 $ 85,000
El Paso, Colorado 1 $ 520,000 $ 520,000 $ 1,094,000
Jefferson, Colorado 1 $ 95,000 $ 95,000 $ 45,000
New London, Connecticut 1 $ 130,000 $ 130,000 $ 144,000
Kent, Delaware 1 $ 156,000 $ 156,000 $ 41,000
Alachua, Florida 1 $ 114,000 $ 114,000 $ 61,000
Charlotte, Florida 1 $ 50,000 $ 50,000 $ 54,000
Lake, Florida 1 $ 1,023,000 $ 1,023,000 $ 205,000
Lee, Florida 1 $ 150,000 $ 150,000 $ 125,000
Manatee, Florida 1 $ 118,000 $ 118,000 $ 98,000
Marion, Florida 1 $ 98,000 $ 98,000 $ 42,000
Volusia, Florida 1 $ 71,000 $ 71,000 $ 380,000
Butts, Georgia 1 $ 125,000 $ 125,000 $ 80,000
Fayette, Georgia 1 $ 330,000 $ 330,000 $ 110,000
Henry, Georgia 1 $ 177,000 $ 177,000 $ 240,000
Lake, Illinois 1 $ 80,000 $ 80,000 $ 79,000
Peoria, Illinois 1 $ 350,000 $ 350,000 $ 107,000
Elkhart, Indiana 1 $ 120,000 $ 120,000 $ 0
Linn, Iowa 1 $ 85,000 $ 85,000 $ 92,000
Scott, Iowa 1 $ 250,000 $ 250,000 $ 141,000
Henderson, Kentucky 1 $ 144,000 $ 144,000 $ 96,000
Hopkins, Kentucky 1 $ 202,000 $ 202,000 $ 83,000
Androscoggin, Maine 1 $ 145,000 $ 145,000 $ 80,000
York, Maine 1 $ 240,000 $ 240,000 $ 124,000
Prince George's, Maryland 1 $ 203,000 $ 203,000 $ 49,000
Hampden, Massachusetts 1 $ 363,000 $ 363,000 $ 142,000
Worcester, Massachusetts 1 $ 150,000 $ 150,000 $ 99,000
Berrien, Michigan 1 $ 516,000 $ 516,000 $ 239,000
Genesee, Michigan 1 $ 64,000 $ 64,000 $ 139,000
Hennepin, Minnesota 1 $ 137,000 $ 137,000 $ 143,000
Cole, Missouri 1 $ 34,000 $ 34,000 $ 22,000
Jackson, Missouri 1 $ 48,000 $ 48,000 $ 65,000
Jefferson, Missouri 1 $ 75,000 $ 75,000 $ 60,000
St. Louis, Missouri 1 $ 825,000 $ 825,000 $ 213,000
Douglas, Nebraska 1 $ 65,000 $ 65,000 $ 86,000
Hillsborough, New Hampshire 1 $ 177,000 $ 177,000 $ 99,000
Atlantic, New Jersey 1 $ 362,000 $ 362,000 $ 155,000
Hudson, New Jersey 1 $ 207,000 $ 207,000 $ 69,000
Monmouth, New Jersey 1 $ 145,000 $ 145,000 $ 105,000
Ocean, New Jersey 1 $ 97,000 $ 97,000 $ 195,000
Warren, New Jersey 1 $ 200,000 $ 200,000 $ 49,000
Dutchess, New York 1 $ 255,000 $ 255,000 $ 153,000
Kings, New York 1 $ 783,000 $ 783,000 $ 219,000
Onondaga, New York 1 $ 56,000 $ 56,000 $ 72,000
Orange, New York 1 $ 175,000 $ 175,000 $ 70,000
Rensselaer, New York 1 $ 128,000 $ 128,000 $ 42,000
Richmond, New York 1 $ 250,000 $ 250,000 $ 46,000
Rockland, New York 1 $ 182,000 $ 182,000 $ 112,000
Saratoga, New York 1 $ 150,000 $ 150,000 $ 105,000
Ulster, New York 1 $ 65,000 $ 65,000 $ 39,000
Wyoming, New York 1 $ 166,000 $ 166,000 $ 158,000
Durham, North Carolina 1 $ 157,000 $ 157,000 $ 126,000
Randolph, North Carolina 1 $ 91,000 $ 91,000 $ 91,000
Geauga, Ohio 1 $ 128,000 $ 128,000 $ 47,000
Medina, Ohio 1 $ 171,000 $ 171,000 $ 70,000
Canadian, Oklahoma 1 $ 118,000 $ 118,000 $ 83,000
Jackson, Oregon 1 $ 417,000 $ 417,000 $ 400,000
Chester, Pennsylvania 1 $ 381,000 $ 381,000 $ 610,000
Delaware, Pennsylvania 1 $ 75,000 $ 75,000 $ 50,000
Lancaster, Pennsylvania 1 $ 126,000 $ 126,000 $ 42,000
Lehigh, Pennsylvania 1 $ 116,000 $ 116,000 $ 120,000
Montgomery, Pennsylvania 1 $ 111,000 $ 111,000 $ 82,000
Northampton, Pennsylvania 1 $ 403,000 $ 403,000 $ 219,000
Philadelphia, Pennsylvania 1 $ 184,000 $ 184,000 $ 125,000
Westmoreland, Pennsylvania 1 $ 107,000 $ 107,000 $ 45,000
York, Pennsylvania 1 $ 212,000 $ 212,000 $ 72,000
Charleston, South Carolina 1 $ 233,000 $ 233,000 $ 236,000
Greenville, South Carolina 1 $ 525,000 $ 525,000 $ 77,000
York, South Carolina 1 $ 125,000 $ 125,000 $ 65,000
Washington, Tennessee 1 $ 58,000 $ 58,000 $ 29,000
Williamson, Tennessee 1 $ 162,000 $ 162,000 $ 139,000
Wilson, Tennessee 1 $ 196,000 $ 196,000 $ 65,000
Fort Bend, Texas 1 $ 94,000 $ 94,000 $ 39,000
San Patricio, Texas 1 $ 71,000 $ 71,000 $ 56,000
Salt Lake, Utah 1 $ 64,000 $ 64,000 $ 36,000
Botetourt, Virginia 1 $ 212,000 $ 212,000 $ 64,000
Loudoun, Virginia 1 $ 253,000 $ 253,000 $ 127,000
Louisa, Virginia 1 $ 593,000 $ 593,000 $ 128,000
Lynchburg, Virginia 1 $ 78,000 $ 78,000 $ 61,000
Winchester, Virginia 1 $ 72,000 $ 72,000 $ 72,000
York, Virginia 1 $ 220,000 $ 220,000 $ 126,000
Skagit, Washington 1 $ 117,000 $ 117,000 $ 37,000
Jefferson, West Virginia 1 $ 48,000 $ 48,000 $ 62,000
Rock, Wisconsin 1 $ 60,000 $ 60,000 $ 51,000
Winnebago, Wisconsin 1 $ 95,000 $ 95,000 $ 92,000

Mortgage Loan Application Detail Totals for Xceed Financial in 2009

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 840 $183,962,000 $219,000 $1,500,000 $111,000 $1,094,000
Home Purchase 183 $48,334,000 $264,000 $1,100,000 $120,000 $434,000
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
Not Provided 483 $123,255,000 $255,000 $1,500,000 $118,000 $1,094,000
White 435 $87,235,000 $200,000 $1,100,000 $111,000 $660,000
Asian 37 $9,526,000 $257,000 $720,000 $110,000 $262,000
Hispanic 34 $6,278,000 $184,000 $630,000 $89,000 $315,000
Black or African American 24 $3,617,000 $150,000 $280,000 $84,000 $160,000
Not applicable 5 $875,000 $175,000 $300,000 $107,000 $222,000
Native Hawaiian or Other Pacific Islander 3 $1,142,000 $380,000 $825,000 $107,000 $196,000
American Indian or Alaskan Native 2 $368,000 $184,000 $236,000 $83,000 $86,000

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) 1,023 $232,296,000 $227,000 $1,500,000 $113,000 $1,094,000
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
Loan Originated 504 $104,813,000 $207,000 $1,500,000 $107,000 $645,000
File Closed For Incompleteness 206 $46,588,000 $226,000 $1,000,000 $117,000 $750,000
Application Withdrawn By Applicant 149 $38,772,000 $260,000 $1,300,000 $137,000 $1,094,000
Application Denied By Financial Institution 130 $32,447,000 $249,000 $1,000,000 $94,000 $400,000
Application Approved But Not Accepted 34 $9,676,000 $284,000 $783,000 $127,000 $414,000
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
Debt-To-Income Ratio 50 $12,202,000 $244,000 $1,000,000 $70,000 $207,000
Credit History 34 $6,023,000 $177,000 $569,000 $86,000 $235,000
Collateral 21 $6,017,000 $286,000 $762,000 $118,000 $319,000
Unverifiable Information 3 $1,041,000 $347,000 $630,000 $152,000 $315,000
Mortgage Insurance Denied 2 $403,000 $201,000 $233,000 $96,000 $117,000
Other 1 $67,000 $67,000 $67,000 $155,000 $155,000
Insufficient Cash (Downpayment, Closing Cost) 1 $899,000 $899,000 $899,000 $400,000 $400,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Xceed Financial's 2009 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 Xceed Financial'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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