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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 shah: in Orange County are: <br />Institution Type Name Rank Rank Rank Rank Share of <br /> Orange Stats Share of Share of Loans to <br /> County Loans to Loans to Low- <br /> African- Hispanics Income <br /> Americans <br />Bank Central Carolina Bank 1 4 1 4 1 <br />Mo a e Norvvest Mort a Inc. 2 3 4 2* 5 <br />Credit Union State Bmployees Credit 3 5 2 2* 2 <br /> Union <br />Bank Branch Banking and 4 1 7 ~ <br /> Trust Co_ <br />Bank Hillsborough Savings 5 Not 11 * 6 <br /> Bank t.isted <br />Fnance Gre®n Tree Flnancial 6 2 3 5* 3 <br />Com an <br />Mortgage Nationsbanc Mortgage 7 6 9* 7 <br /> Co . <br />Bank NationsBan NA 8 7 t3 9* 10 <br />Mort a e Wachovia Mort a e Co. 9 8 17` 9' 12 <br />Bank Cantors Bank 10 13 11 * 8 <br />"Multiple <br />Facts <br />. Of the 5 banks in the top ten market share in Orange County only two reported making loans <br />to Hispanic barrowere: CCB (8.3) and NationsBank (2.8) <br />. Of the five banks in the tap ten market share in Orange County only thn3e banks .reported <br />making loans above two percent of their market share to African Americans: CCB (20.5)> <br />Nationst3ank, NA (3.6). BB8~T (3.2) <br />. The lender reporting making mare loans in the Orange County Market Share to person in the <br />low income level was CCB: 14.7 <br />The financial Institut~n reporting the highest market share 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-Amarican to White denial rate of loans from subprime lenders is 3:1 <br />• African-Americans received 796 of the total amount of loans made by prime lenders and 189'0 <br />of the total number of loans made by subprtme lenders <br />