Neighborhood Watch/Early Warning System Help - Analysis - Seriously Delinquent/Claim Comparison
The major groupings, or category names, for loan characteristics displayed in analysis results.
Liv Units -- Number of Living Units Within Property
Mortgage Amount -- Original Mortgage Amounts for all units (1, 2, 3 and 4). For all quarterly data prior to June 30, 2008, the mortgage amount category includes only 1-Unit properties. Quarterly data prior to June 30, 2008 will also include an item titled "Over 201,000 prior data." This reflects the old ceiling amount category that was used prior to the expansion of mortgage amount codes on May 16, 2008.
Program -- HUD Program Classification
Program Roll-Up -- HUD Program Roll-Up
Loan Purp -- Purpose of Mortgage
Fund Code -- Premiums and other income are placed
Underserved Tracts -- Underserved census tracts are those identified by OMB as meeting the
definition found at 24 CFR 81.2.
Underserved census tracts are:
1) tracts in metropolitan areas
a) having a median income of no more than 90% of the MSA as a whole or
b) having a median income of no more than 120% and minorities comprise at least 30% of the tract's population;
2) all tracts in any nonmetropolitan county which
a) have a median income of no more than 95% of the nonmetropolitan part of the State or the Nation, whichever is greater, or
b) have a median income of no more than 120% and minorities comprise at least 30% of the country's population.
Undesignated Tracts -- Undesignated census tracts which are in areas that local census tract authorities have not determined as served or underserved.
Credit Score -- Credit score band for loans originated or underwritten. The following credit score bands are displayed:
<499
500 to 599
600 to 639
640 to 670
680 to 850
No Credit Score
The specific loan characteristic pertaining to each major grouping, or category.
Items are shown in output only when at least one side of the comparison table has total orginations greater then 0. While most items listed in the output table are self-explanatory, those listed for the category Program or Program Roll-Up are often abbreviated. Listed below are the most common abbreviations used:
3DP -- 3% Down Payment
ARM -- Adjustable Rate Mortgage
COI -- Coinsured
DE -- Direct Endorsement
EC -- Escrow Commitment
FRM -- Fixed Rate Mortgage
GEM -- Growing Equity Mortgage
GI -- General Insurance Fund
GPM -- Graduated Payment Mortgage
HECM -- Home Equity Conversion Mortgage
HHL -- Hawaiian Homelands
IBD -- Interest Buy-Down
IL -- Indian Lands
MIA -- Military Impact Area
MMI -- Mutual Mortgage Insurance Fund
O -- Other (e.g. OGI)
OGI -- Other General Insurance
SRI -- Special Risk Insurance Fund
A value in the form of a ratio, indicating the relative difference in the percentage of originations delinquent within the chosen delinquent period for each loan
characteristic. Example: 2.0 means the area/lender on the left has 2 times the delinquent % of that on the right. Compare Ratios which are red signify those ratios which exceed a pre-defined threshold which is currently set at 1.5
The Total number of Loans.
The Total number of Item Claims.
The number of loans within each category/item (loan characteristics) that became delinquent within the specified delinquent period.
Percentage of Originations which are currently seriously delinquent or were claim terminated.
The total number of all loans that the Direct Endorsement lender underwrote.
The number of loans within each category/item (loan characteristics) that became delinquent within the specified delinquent period.