EX-99.1 3 rmiix-20120606exhibit99_1.htm rmiix-20120606exhibit99_1.htm

Exhibit 99.1


Table VI
Description of Open Loans of Prior Mortgage Programs
(unaudited)
NOT COVERED BY REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Three Year Summary of Loans Originated by Prior Mortgage Programs. During the three-year period ending December 31, 2011, loans were made by prior programs with investment objectives similar to those of the company. The following table provides a summary of the loans originated for the three-year period as of December 31, 2011. The last column of the following chart reflects total outstanding loan balances on all loans for each prior program including those which originated prior to the three (3) year period ending December 31, 2011.



Name of privately
offered mortgage
programs
 
Number of
Loans
Estimated Total Amount
of Loans Funded 01/01/09
to 12/31/11
Outstanding Loan Balances
Originated 01/01/09
to 12/31/11
 
Total Outstanding
Loans as of 12/31/11
RMI IV
1
$150,000
$148,423
$638,941
RMI V
2
$353,571
$338,824
$1,147,392
TOTAL
3
$503,571
$487,247
$1,786,333



Name of publicly
offered mortgage
programs
 
Number of
Loans
Estimated Total Amount
of Loans Made 01/01/09
to 12/31/11
Outstanding Loan Balances
Originated 01/01/09
to 12/31/11
 
Total Outstanding
Loans as of 12/31/11
RMI VI
5
$1,100,554
$924,100
$4,025,846
RMI VII
2
$582,125
$575,277
$3,476,038
RMI VIII
17
$14,129,921
$6,094,142
$73,386,427
RMI IX
35
$12,325,236
$8,253,328
$8,253,328
TOTAL
59
$28,137,836
$15,846,847
$89,141,639



 
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A further breakdown of these loans according to the type of deed of trust, the California County location of the property securing the loans, and the type of property securing the loan is provided below:

For Prior Privately Offered Mortgage Programs:

   
RMI IV
    
RMI V
  
Loans
            
First Trust Deeds
   $ 150,000     $ 353,571  
Second Trust Deeds
     —       —  
Third Trust Deeds
     —       —  
Total
   $ 150,000     $ 353,571  
Location of Loans
                
Alameda
   $ 150,000     $ 150,000  
El Dorado
     —       203,571  
Total
   $ 150,000     $ 353,571  
Type of Property
                
Single Family (1-4 units)
   $ —     $ —  
Commercial
     —       —  
Multi Family
     150,000       353,571  
Land
     —       —  
Total
   $ 150,000     $ 353,571  


 
2
 

A further breakdown of these loans according to the type of deed of trust, the location of the property securing the loans, and the type of property securing the loan is provided below:

For Prior Publicly Offered Mortgage Programs:

   
RMI VI
    
RMI VII
    
RMI VIII
    
RMI IX
  
Loans
                        
First Trust Deeds
   $ 1,100,554     $ 582,125     $ 11,473,521     $ 9906698  
Second Trust Deeds
     —       —       2,456,400       2418538  
Third Trust Deeds
     —       —       200,000       —  
Total
   $ 1,100,554     $ 582,125     $ 14,129,921     $ 12,325,236  
Location of Loans
                                
Alameda
   $ 400,000     $ 400,000     $ 6,347,137     $ 1,289,250  
Butte
     —       —       152,434       —  
Contra Costa
     —       —       —       310,000  
El Dorado
     271,429       —       —       —  
Kern
     —       —       275,000       —  
Los Angeles
     117,000       —       175,000       2,189,000  
Marin
     182,125       182,125       200,000       750,000  
Monterey
     —       —       —       185,000  
Orange
     —       —       —       200,000  
Riverside
     —       —       —       215,800  
Sacramento
     —       —       —       100,000  
San Diego
     130,000       —       —       702,137  
San Francisco
     —       —       4,630,400       2,879,301  
San Luis Obispo
     —       —       275,000       —  
San Mateo
     —       —       814,950       1,577,158  
Santa Clara
     —       —       1,260,000       1,927,500  
Total
   $ 1,100,554     $ 582,125     $ 14,129,921     $ 12,325,236  
Type of Property
                                
Single Family (1-4 units)
   $ 429,125     $ 182,125     $ 11,176,487     $ 11,655,236  
Commercial
     —       —       —       270,000  
Multi Family
     671,429       400,000       2,953,434       400,000  
Land
     —       —       —       —  
Total
   $ 1,100,554     $ 582,125     $ 10,479,921     $ 12,325,236  




 
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