Congressional District 1
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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 |
139 |
$13,870,040.86 |
$99,784.46 |
$91,673.50 |
|
01/2007 – 06/2007 |
145 |
$13,725,123.00 |
$94,656.02 |
$88,798.00 |
|
Total FY2007 |
284 |
$27,595,163.86 |
$97,166.07 |
$90,235.75 |
|
Loan Cancellation Rate – Total FY2007: |
15.8% |
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 Home Mortgage, Inc., Jonesboro, AR
|
Craighead |
2 |
$169,581.00 |
0 |
$0.00 |
2 |
$169,581.00 |
|
Crittenden |
1 |
$100,510.00 |
0 |
$0.00 |
1 |
$100,510.00 |
|
|
Subtotal |
3 |
$270,091.00 |
0 |
$0.00 |
3 |
$270,091.00 |
|
|
1st National Bank and Trust, Mountain Home, AR
|
Baxter |
2 |
$182,716.00 |
2 |
$181,625.00 |
4 |
$364,341.00 |
|
Izard |
0 |
$0.00 |
1 |
$40,612.00 |
1 |
$40,612.00 |
|
|
Subtotal |
2 |
$182,716.00 |
3 |
$222,237.00 |
5 |
$404,953.00 |
|
|
1st Security, Searcy, AR
|
Arkansas |
1 |
$80,102.00 |
0 |
$0.00 |
1 |
$80,102.00 |
|
Lonoke |
2 |
$195,351.00 |
0 |
$0.00 |
2 |
$195,351.00 |
|
|
Subtotal |
3 |
$275,453.00 |
0 |
$0.00 |
3 |
$275,453.00 |
|
|
Arvest Mortgage Company, Lowell, AR |
Baxter |
1 |
$82,416.00 |
0 |
$0.00 |
1 |
$82,416.00 |
|
BancorpSouth, Fort Smith, AR
|
Lonoke |
1 |
$79,132.00 |
0 |
$0.00 |
1 |
$79,132.00 |
|
Prairie |
1 |
$73,080.00 |
0 |
$0.00 |
1 |
$73,080.00 |
|
|
Subtotal |
2 |
$152,212.00 |
0 |
$0.00 |
2 |
$152,212.00 |
|
|
BancorpSouth, Jonesboro, AR |
Crittenden |
1 |
$52,000.00 |
0 |
$0.00 |
1 |
$52,000.00 |
|
Bank of America, West Memphis, AR |
Crittenden |
1 |
$110,767.00 |
0 |
$0.00 |
1 |
$110,767.00 |
|
Bank of Little Rock Mortgage, North Little Rock, AR
|
Lonoke |
0 |
$0.00 |
1 |
$84,150.00 |
1 |
$84,150.00 |
|
Mississippi |
0 |
$0.00 |
1 |
$72,900.00 |
1 |
$72,900.00 |
|
|
Subtotal |
0 |
$0.00 |
1 |
$157,050.00 |
2 |
$157,050.00 |
|
|
Bank of the Ozarks, Little Rock, AR
|
Baxter |
3 |
$229,104.00 |
4 |
$472,260.00 |
7 |
$701,364.00 |
|
Lonoke |
0 |
$0.00 |
3 |
$358,084.00 |
3 |
$358,084.00 |
|
|
Subtotal |
3 |
$229,104.00 |
7 |
$830,344.00 |
10 |
$1,059,448.00 |
|
|
Benefit Bank, Fort Smith, AR |
Arkansas |
0 |
$0.00 |
1 |
$54,454.00 |
1 |
$54,454.00 |
|
First Community Bank, Marion, AR |
Crittenden |
0 |
$0.00 |
1 |
$79,560.00 |
1 |
$79,560.00 |
|
First Financial Bank, Jonesboro, AR
|
Craighead |
1 |
$83,836.00 |
3 |
$223,777.00 |
4 |
$307,613.00 |
|
Lawrence |
0 |
$0.00 |
1 |
$44,797.00 |
1 |
$44,797.00 |
|
|
Subtotal |
1 |
$83,836.00 |
4 |
$268,574.00 |
5 |
$352,410.00 |
|
|
First Horizon Home Loan Corp, West Memphis, AR
|
Crittenden |
10 |
$971,962.00 |
7 |
$712,906.00 |
17 |
$1,684,868.00 |
|
Mississippi |
1 |
$156,640.00 |
0 |
$0.00 |
1 |
$156,640.00 |
|
|
Subtotal |
11 |
$1,128,602.00 |
7 |
$712,906.00 |
18 |
$1,841,508.00 |
|
|
First Western Mortgage, Inc., Rogers, AR |
Arkansas |
0 |
$0.00 |
1 |
$68,800.00 |
1 |
$68,800.00 |
|
Guaranty Loan, West Memphis, AR |
Crittenden |
2 |
$284,950.00 |
1 |
$62,500.00 |
3 |
$347,450.00 |
|
Logan Finance, Blytheville, AR |
Mississippi |
2 |
$205,500.00 |
1 |
$57,050.00 |
| |