EX-99.1 3 rmiix-20150421exhibit99_1.htm rmiix-20150421exhibit99_1.htm

Exhibit 99.1


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

Three Year Summary of Loans Originated by Our Program and Prior Mortgage Programs. During the three-year period ending December 31, 2014, loans were made by our program and prior programs with investment objectives similar to ours. The following table provides a summary of the loans originated for the three-year period ending December 31, 2014. The last column of the following chart reflects total outstanding loan balances on all loans for each prior program including those that originated prior to the three-year period ending December 31, 2014 ($ in thousands).



Name of privately offered mortgage programs
Estimated Total Amount of Loans Funded 01/01/12 to 12/31/14
Outstanding Loan Balances Originated 01/01/12
to 12/31/14
 
Total Outstanding Loans as of 12/31/14
RMI IV
$839
$336
RMI V
$127
$909
TOTAL
$966
1,245



Name of publicly offered mortgage programs
Estimated Total Amount of Loans Made 01/01/12 to 12/31/14
Outstanding Loan Balances Originated 01/01/12
to 12/31/14
 
Total Outstanding Loans as of 12/31/14
RMI VI
$1,878
$1,620
$3,100
RMI VII
$2,584
$2,015
$3,417
RMI VIII
$81,383
$44,847
$71,017
RMI IX
$45,264
$18,102
$19,186
TOTAL
$131,109
$66,584
$96,720



 
 

 

A further breakdown of  the loan balance outstanding at December 31, 2014 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 ($ in thousands).

For Prior Privately Offered Mortgage Programs:

   
RMI IV
   
RMI V
 
Lien Position
           
First Trust Deeds
  $ 334     $ 718  
Second Trust Deeds
           
Third Trust Deeds
          190  
Total
  $ 334     $ 908  
County
               
Alameda
  $ 143     $ 242  
Riverside
    191        
Santa Clara
          229  
El Dorado
          190  
Los Angeles
          163  
Mariposa
          84  
Total
  $ 334     $ 908  
Type of Property
               
Single Family (1-4 units)
  $ 191     $ 346  
Multi Family
           
Commercial
    143       562  
Total
  $ 334     $ 908  























 
 

 

A further breakdown of the loan balance outstanding at December 31, 2014 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 ($ in thousands).

For Our Program and Prior Publicly Offered Mortgage Programs:

   
RMI VI
   
RMI VII
   
RMI VIII
   
RMI IX
 
Lien Position
                       
First Trust Deeds
  $ 2,244     $ 2,882     $ 58,169     $ 17,115  
Second Trust Deeds
    568       502       12,566       2,071  
Third Trust Deeds
    254             282        
Total
  $ 3,066     $ 3,384     $ 71,017     $ 19,186  
County
                               
Alameda
  $ 495     $ 677     $ 2,758     $ 2,323  
Butte
    284             79        
Calaveras
                167        
Contra Costa
    142       400       18,090       1,186  
El Dorado
    254                    
Kern
                113        
Los Angeles
    444       250       2,930       4,841  
Marin
                855        
Monterey
    190       207       173       181  
Nevada
                       
Napa
                990        
Orange
                1,438       433  
Placer
                       
Riverside
          97             101  
Sacramento
                224        
San Benito
                96        
San Bernardino
    107             1,300       636  
San Diego
                750       66  
San Francisco
    350       750       19,969       4,585  
San Joaquin
          112              
San Mateo
                11,525       1,555  
Santa Clara
    699       339       2,917       892  
Santa Cruz
          400       1,000       2,320  
Shasta
    101                    
Solano
          153       2,575        
Sonoma
                      67  
Ventura
                347        
Yolo
                2,800        
Total
  $ 3,066     $ 3,384     $ 71,017     $ 19,186  
Type of Property
                               
Single Family (1-4 units)
  $ 1,679     $ 1,407     $ 36,545     $ 14,512  
Multi Family
          400       2,971       1,273  
Commercial
    1,387       1,577       31,501       3,401  
Total
  3,066     $ 3,384     $ 71,017     19,186