GSE MARKET SHARE OF HOME MORTGAGE LOAN ORIGINATIONS 
         
                            BY BORROWER INCOME CATEGORY - 2000
                 
                       All Metropolitan Areas in the United States 
                                    

                 

                                    Borrower Income Category:                      


                                              Lower-      Upper-         
                       Low       Moderate     Middle      Middle      Upper
                      Income      Income      Income      Income      Income 
  


  All Loans            37.2%       41.8%       46.4%       50.7%       58.7% 
              
  Conventional Loans   45.9%       54.8%       59.2%       61.5%       63.9%   



     GSE Market Share: All Home Mortgage Loans                              52.3% 
                                     
     GSE Market Share: All Home Mortgage Loans with Borrower Income Data    49.6% *

     GSE Market Share: All Conventional Home Mortgage Loans                 62.5%



   GSE Market Share: Number of home mortgage loans acquired by Fannie Mae and
     Freddie Mac in 2000 as a percentage of total home mortgage loan originations 
     reported by all lenders in 2000 pursuant to HMDA (excluding loans above
     the $252,700 GSE loan-size ceiling). 

   * Note, In 2000 within MSA areas, lenders subject to HMDA reported 177,314 home
     mortgage loan originations without borower income information.  In 2000 within
     MSA areas, Fannie Mae and Freddie Mac purchased 236,273 home mortgage loans
     without borower income information.       

   Home Mortgage Loan: Home purchase loan or refinancing loan secured by
     a 1-4 unit dwelling. 

   Area MFI: 2000 Median Family Income of Metropolitan Statistical Area (MSA or PMSA).      

   Borrower Income Categories:

     Low Income: Borrower income < 50% of Area MFI. 
     Moderate Income: Borrower income >= 50% and < 80% of Area MFI.                  
     Lower-Middle Income: Borrower income >= 80% and < 100% of Area MFI.                        
     Upper-Middle Income: Borrower income >= 100% and < 120% of Area MFI.                     
     Upper Income: Borrower income >= 120% of Area MFI.


        Source: HUD, 2000 GSE Public Use Data Base, Single-Family Properties,
                  Census Tract File; FFIEC, 2000 HMDA data.  

                Essential Information, PO Box 19405, Washington, DC