Congressional District 4
 |
|
REPORT OF PROGRAM ACTIVITY
FISCAL YEAR 2007: July 1, 2006 – June 30, 2007
1st Half of FY2007 = July 1, 2006 – December 31, 2006
2nd Half of FY2007 = January 1, 2007 – June 30, 2007
HOMEOWNERSHIP
Home-to-Own (H2O)
General Statistics
|
Time Period |
No. Loans |
Dollar Amount |
Mean Loan Amount |
Median Loan Amount |
|
07/2006 – 12/2006 |
52 |
$3,309,654.00 |
$63,647.19 |
$62,980.00 |
|
01/2007 – 06/2007 |
57 |
$4,030,514.00 |
$70,710.77 |
$65,000.00 |
|
Total FY2007 |
109 |
$7,340,168.00 |
$67,340.99 |
$63,990.00 |
|
Loan Cancellation Rate – Total FY2007: |
13.0% |
Loans by Originator / Branch
|
|
|
7/1/06 - 12/31/06 |
1/1/07 - 6/30/07 |
TOTAL FY 2007 |
|||
|
ORIGINATOR / BRANCH |
COUNTY |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
|
1st National Bank, Paris, AR
|
Logan |
8 |
$435,350.00 |
5 |
$330,175.00 |
13 |
$765,525.00 |
|
Scott |
3 |
$244,880.00 |
2 |
$148,700.00 |
5 |
$393,580.00 |
|
|
Subtotal |
11 |
$680,230.00 |
7 |
$478,875.00 |
18 |
$1,159,105.00 |
|
|
Arvest Mortgage Company, Lowell, AR |
Logan |
1 |
$73,338.00 |
1 |
$88,609.00 |
2 |
$161,947.00 |
|
Bank of Little Rock Mortgage, Benton, AR |
Jefferson |
0 |
$0.00 |
1 |
$95,000.00 |
1 |
$95,000.00 |
|
Bank of Little Rock Mortgage, North Little Rock, AR |
Jefferson |
0 |
$0.00 |
3 |
$251,750.00 |
3 |
$251,750.00 |
|
Bank of the Ozarks, Little Rock, AR
|
Clark |
1 |
$94,120.00 |
0 |
$0.00 |
1 |
$94,120.00 |
|
Drew |
1 |
$95,880.00 |
0 |
$0.00 |
1 |
$95,880.00 |
|
|
Subtotal |
2 |
$190,000.00 |
0 |
$0.00 |
2 |
$190,000.00 |
|
|
Elk Horn Bank Trust, Arkadelphia, AR |
Clark |
3 |
$191,000.00 |
4 |
$291,200.00 |
7 |
$482,200.00 |
|
Elk Horn Bank Trust, Hot Springs, AR |
Garland |
0 |
$0.00 |
1 |
$187,500.00 |
1 |
$187,500.00 |
|
First National Bank, Hot Springs, AR |
Polk |
0 |
$0.00 |
1 |
$122,000.00 |
1 |
$122,000.00 |
|
First Western Mortgage, Inc., Booneville, AR |
Logan |
0 |
$0.00 |
2 |
$86,150.00 |
2 |
$86,150.00 |
|
First Western Mortgage, Inc., Rogers, AR
|
Logan |
0 |
$0.00 |
1 |
$51,650.00 |
1 |
$51,650.00 |
|
Scott |
0 |
$0.00 |
1 |
$68,000.00 |
1 |
$68,000.00 |
|
|
Subtotal |
0 |
$0.00 |
2 |
$119,650.00 |
2 |
$119,650.00 |
|
|
Liberty Bank of Arkansas, Russellville, AR |
Scott |
0 |
$0.00 |
1 |
$43,350.00 |
1 |
$43,350.00 |
|
Moore Mortgage, Little Rock, AR
|
Chicot |
0 |
$0.00 |
1 |
$59,073.00 |
1 |
$59,073.00 |
|
Grant |
1 |
$87,624.00 |
1 |
$63,993.00 |
2 |
$151,617.00 |
|
|
Subtotal |
1 |
$87,624.00 |
2 |
$123,066.00 |
3 |
$210,690.00 |
|
|
Pulaski Mortgage Company, Little Rock, AR |
Dallas |
1 |
$54,568.00 |
0 |
$0.00 |
1 |
$54,568.00 |
|
Regions Mortgage, Inc., Benton, AR |
Garland |
0 |
$0.00 |
1 |
$87,500.00 |
1 |
$87,500.00 |
|
Regions Mortgage, Inc., Little Rock, AR |
Garland |
0 |
$0.00 |
1 |
$76,198.00 |
1 |
$76,198.00 |
|
Regions Mortgage, Inc., Russellville, AR |
Logan |
1 |
$49,608.00 |
0 |
$0.00 |
1 |
$49,608.00 |
|
Regions Mortgage, Inc., Texarkana, AR
|
Miller |
1 |
$76,125.00 |
2 |
$143,871.00 |
3 |
$219,996.00 |
|
Sevier |
1 |
$64,292.00 |
0 |
$0.00 |
1 |
$64,292.00 |
|
|
Subtotal |
2 |
$140,417.00 |
2 |
$143,871.00 |
4 |
$284,288.00 |
|
|
Simmons First National Bank, Pine Bluff, AR
|
Clark |
0 |
$0.00 |
1 |
$63,995.00 |
1 |
$63,995.00 |
|
Cleveland |
0 |
$0.00 |
2 |
$90,656.00 |
2 |
$90,656.00 |
|
|
Desha |
1 |
$77,343.00 |
0 |
$0.00 |
1 |
$77,343.00 |
|
|
Jefferson |
27 |
$1,652,087.00 |
24 |
$1,627,795.00 |
51 |
$3,279,882.00 |
|
|
Lincoln |
1 |
$53,910.00 |
0 |
$0.00 |
1 |
$53,910.00 |
|
|
Subtotal |
29 |
$1,783,340.00 |
27 |
$1,627,795.00 |
56 |
$3,411,135.00 |
|
|
US Bank Home Mortgage, North Little Rock, AR |
Grant |
0 |
$0.00 |
1 |
$53,349.00 |
1 |
$53,349.00 |
Loans by New / Existing
|
|
|
7/1/2006 - 12/31/2006 |
1/1/2007 - 6/30/2007 |
TOTAL FY 2007 |
|||
|
EXISTING OR NEW |
COUNTY |
NO. |
DOLLAR AMOUNT |
NO. |
DOLLAR AMOUNT |
NO. |
DOLLAR AMOUNT |
|
Existing
|
Ashley
|
1 |
$59,529.00 |
0 |
$0.00 |
1 |
$59,529.00 |
|
Chicot
|
0 |
$0.00 |
1 |
$59,073.00 |
1 |
$59,073.00 |
|
|
Clark
|
3 |
$191,000.00 |
0 |
$0.00 |
3 |
$191,000.00 |
|
|
Cleveland
|
0 |
$0.00 |
2 |
$90,656.00 |
2 |
$90,656.00 |
|
|
Dallas
|
1 |
$54,568.00 |
0 |
$0.00 |
1 |
$54,568.00 |
|
|
Desha
|
1 |
$77,343.00 |
0 |
$0.00 |
1 |
$77,343.00 |
|
|
Drew
|
1 |
$95,880.00 |
0 |
$0.00 |
1 |
$95,880.00 |
|
|
Garland
|
0 |
$0.00 |
2 |
$263,698.00 |
2 |
$263,698.00 |
|
|
Grant
|
1 |
$87,624.00 |
2 |
$117,342.00 |
3 |
$204,966.00 |
|
|
Jefferson
|
26 |
$1,588,092.00 |
0 |
$0.00 |
26 |
$1,588,092.00 |
|
|
Lincoln
|
1 |
$53,910.00 |
0 |
$0.00 |
1 |
$53,910.00 |
|
|
Logan
|
10 |
$558,296.00 |
9 |
$556,584.00 |
19 |
$1,114,880.00 |
|
|
Miller
|
0 |
$0.00 |
1 |
$64,600.00 |
1 |
$64,600.00 |
|
|
Polk
|
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Scott
|
3 |
$244,880.00 |
4 |
$260,050.00 |
7 |
$504,930.00 |
|
|
Sevier
|
1 |
$64,292.00 |
0 |
$0.00 |
1 |
$64,292.00 |
|
|
Subtotal |
49 |
$3,075,414.00 |
21 |
$1,412,003.00 |
70 |
$4,487,417.00 |
|
|
New |
Ashley |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
Chicot |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Clark |
1 |
$94,120.00 |
5 |
$355,195.00 |
6 |
$449,315.00 |
|
|
Cleveland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Dallas |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Desha |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Drew |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Garland |
0 |
$0.00 |
1 |
$87,500.00 |
1 |
$87,500.00 |
|
|
Grant |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Jefferson |
1 |
$63,995.00 |
28 |
$1,974,545.00 |
29 |
$2,038,540.00 |
|
|
Lincoln |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Logan |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Miller |
1 |
$76,125.00 |
1 |
$79,271.00 |
2 |
$155,396.00 |
|
|
Polk |
0 |
$0.00 |
1 |
$122,000.00 |
1 |
$122,000.00 |
|
|
Scott |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Sevier |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Subtotal |
3 |
$234,240.00 |
36 |
$2,618,511.00 |
39 |
$2,852,751.00 |
|
Loans by Loan Type
|
|
|
7/1/2006 - 12/31/2006 |
1/1/2007 - 6/30/2007 |
TOTAL FY 2007 |
|||
|
EXISTING OR NEW |
COUNTY |
NO. |
DOLLAR AMOUNT |
NO. |
DOLLAR AMOUNT |
NO. |
DOLLAR AMOUNT |
|
Conventional
|
Ashley |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
Chicot |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Clark |
0 |
$0.00 |
4 |
$291,200.00 |
4 |
$291,200.00 |
|
|
Cleveland |
0 |
$0.00 |
1 |
$36,100.00 |
1 |
$36,100.00 |
|
|
Dallas |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Desha |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Drew |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Garland |
0 |
$0.00 |
2 |
$275,000.00 |
2 |
$275,000.00 |
|
|
Grant |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Jefferson |
0 |
$0.00 |
5 |
$411,750.00 |
5 |
$411,750.00 |
|
|
Lincoln |
1 |
$53,910.00 |
0 |
$0.00 |
1 |
$53,910.00 |
|
|
Logan |
0 |
$0.00 |
1 |
$24,225.00 |
1 |
$24,225.00 |
|
|
Miller |
0 |
$0.00 |
1 |
$64,600.00 |
1 |
$64,600.00 |
|
|
Polk |
0 |
$0.00 |
1 |
$122,000.00 |
1 |
$122,000.00 |
|
|
Scott |
1 |
$85,500.00 |
0 |
$0.00 |
1 |
$85,500.00 |
|
|
Sevier |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Subtotal |
2 |
$139,410.00 |
15 |
$1,224,875.00 |
17 |
$1,364,285.00 |
|
|
FHA
|
Ashley |
1 |
$59,529.00 |
0 |
$0.00 |
1 |
$59,529.00 |
|
Chicot |
0 |
$0.00 |
1 |
$59,073.00 |
1 |
$59,073.00 |
|
|
Clark |
3 |
$191,000.00 |
1 |
$63,995.00 |
4 |
$254,995.00 |
|
|
Cleveland |
0 |
$0.00 |
1 |
$54,556.00 |
1 |
$54,556.00 |
|
|
Dallas |
1 |
$54,568.00 |
0 |
$0.00 |
1 |
$54,568.00 |
|
|
Desha |
1 |
$77,343.00 |
0 |
$0.00 |
1 |
$77,343.00 |
|
|
Drew |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Garland |
0 |
$0.00 |
1 |
$76,198.00 |
1 |
$76,198.00 |
|
|
Grant |
1 |
$87,624.00 |
2 |
$117,342.00 |
3 |
$204,966.00 |
|
|
Jefferson |
24 |
$1,415,905.00 |
21 |
$1,373,763.00 |
45 |
$2,789,668.00 |
|
|
Lincoln |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Logan |
3 |
$125,233.00 |
6 |
$341,959.00 |
9 |
$467,192.00 |
|
|
Miller |
1 |
$76,125.00 |
1 |
$79,271.00 |
2 |
$155,396.00 |
|
|
Polk |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Scott |
1 |
$77,880.00 |
1 |
$68,000.00 |
2 |
$145,880.00 |
|
|
Sevier |
1 |
$64,292.00 |
0 |
$0.00 |
1 |
$64,292.00 |
|
|
Subtotal |
37 |
$2,229,499.00 |
35 |
$2,234,157.00 |
72 |
$4,463,656.00 |
|
|
Rural Dev.
|
Ashley |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
Chicot |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Clark |
1 |
$94,120.00 |
0 |
$0.00 |
1 |
$94,120.00 |
|
|
Cleveland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Dallas |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Desha |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Drew |
1 |
$95,880.00 |
0 |
$0.00 |
1 |
$95,880.00 |
|
|
Garland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Grant |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Jefferson |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Lincoln |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Logan |
7 |
$433,063.00 |
2 |
$190,400.00 |
9 |
$623,463.00 |
|
|
Miller |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Polk |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Scott |
1 |
$81,500.00 |
3 |
$192,050.00 |
4 |
$273,550.00 |
|
|
Sevier |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Subtotal |
10 |
$704,563.00 |
5 |
$382,450.00 |
15 |
$1,087,013.00 |
|
|
VA
|
Ashley |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
Chicot |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Clark |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Cleveland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Dallas |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Desha |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Drew |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Garland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Grant |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Jefferson |
3 |
$236,182.00 |
2 |
$189,032.00 |
5 |
$425,214.00 |
|
|
Lincoln |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Logan |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Miller |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Polk |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Scott |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Sevier |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Subtotal |
3 |
$236,182.00 |
2 |
$189,032.00 |
5 |
$425,214.00 |
|
Borrowers’ Profile
|
|
|
7/1/2006 - 12/31/2006 |
1/1/2007 - 6/30/2007 |
TOTAL FY2007 |
|||
|
ETHNICITY |
COUNTY |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
|
Minority
|
Ashley |
1 |
$59,529.00 |
0 |
$0.00 |
1 |
$59,529.00 |
|
Chicot |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Clark |
1 |
$45,000.00 |
1 |
$80,000.00 |
2 |
$125,000.00 |
|
|
Cleveland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Dallas |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Desha |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Drew |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Garland |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Grant |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Jefferson |
15 |
$833,484.00 |
18 |
$1,198,889.00 |
33 |
$2,032,373.00 |
|
|
Lincoln |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Logan |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Miller |
1 |
$76,125.00 |
1 |
$79,271.00 |
2 |
$155,396.00 |
|
|
Polk |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Scott |
1 |
$85,000.00 |
0 |
$0.00 |
1 |
$85,000.00 |
|
|
Sevier |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
|
Subtotal |
19 |
$1,099,138.00 |
20 |
$1,358,160.00 |
39 |
$2,457,298.00 |
|
|
Non-Minority
|
Ashley |
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
|
Chicot |
0 |
$0.00 |
1 |
$59,073.00 |
1 |
$59,073.00 |
|
|
Clark |
3 |
$240,120.00 |
4 |
$275,195.00 |
7 |
$515,315.00 |
|
|
Cleveland |
0 |
$0.00 |
2 |
$90,656.00 |
2 |
$90,656.00 |
|
|
Dallas |
1 |
$54,568.00 |
0 |
$0.00 |
1 |
$54,568.00 |
|
|
Desha |
1 |
$77,343.00 |
0 |
$0.00 |
1 |
$77,343.00 |
|
|
Drew |
1 |
$95,880.00 |
0 |
$0.00 |
1 |
$95,880.00 |
|
|
Garland |
0 |
$0.00 |
3 |
$351,918.00 |
3 |
$351,918.00 |
|
|
Grant |
1 |
$87,624.00 |
2 |
$117,342.00 |
3 |
$204,966.00 |
|
|
Jefferson |
12 |
$818,603.00 |
10 |
$775,656.00 |
22 |
$1,594,259.00 |
|
|
Lincoln |
1 |
$53,910.00 |
0 |
$0.00 |
1 |
$53,910.00 |
|
|
Logan |
10 |
$558,296.00 |
9 |
$556,584.00 |
19 |
$1,114,880.00 |
|
|
Miller |
|||||||
