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1997 Home Mortgage Disclosure Act <br />Orange County, North Carolina <br />(Data provided by The Community Reinvestment Association of <br />North Carolina) <br />The top ten lending Institutes by market share in Orange County are: <br />Institution Type Name Rank Rank Rank Rank Share of <br /> Orange Stets Share of Share of Loans to <br /> County loans to Loans to Low- <br /> African- Hispanics Income <br /> Americans <br />Bank C®ntral Carolina Bank 1 4 1 4 1 <br />Mort a e Norwest Mort a Inc. 2 3 4 2'' S <br />Credit Union State Employees Credit 3 5 2 2* 2 <br /> Union <br />Bank l3rar~h Banking and 4 ~ 1 7 ~i <br /> .Trust Co. <br />Bank HilUaborough Savings 5 Nat 11 * 6 <br /> Bank Usted . <br />Fnance Green Tree Fnandal 6 2 3 5* 3 <br />Com <br />Mortgage Na#ionsbanc Mortgage 7 8 9* 7 <br /> Co . <br />Bank NationsBan NA 8 7 6 9* 10 <br />Mort a Wachovia Mort a e Co. 9 S 17" 9' 12 <br />Bank Centura Bank 10 13 1 ~ « 8 <br />'Multiple <br />Facts <br />Of the 5 banks in the top ten market share in Orange County only two reported malting loans <br />to Hispanic borrowers: CCB (8.3) and NationsBank (2.8) <br />• Of the five banks in the top ten market share in Orange County only three banks reported <br />making loans above two percent of their market share to African Americans: CCB (20.5). <br />NationsBank, NA (3.6), B68~T (3.2) <br />The lender reporting malting more loans in the Orange County Market Share to person in the <br />bw income level was GCB: 14.7 <br />The financial Institution n:porting the highest market Shan: of loans to Hispanics was <br />Oakwood Acceptance Corp.: 19.4 <br />• The African-American to White denial rate of loans from prime lenders is 4:1 <br />. _.~~: <br />• The African-AmQrican tc White denial rate of bans from subprime lenders is 3:1 <br />• African-Americans received 796 of the total amount of loans made by prime lsnden; and 18% <br />of the total number of loans made by subprime tenders <br />