Question-and-Answer Session
Certainly. The floor is now open for questions. [Operator Instructions]. Our first question is coming from Mark Fitzgibbon with Sandler O'Neill. Please go ahead.
Mark T. Fitzgibbon - Sandler O'Neill & Partners, L.P.
Good morning.
George L. Engelke, Jr. - Chairman and Chief Executive Officer
Good morning Mark.
Mark T. Fitzgibbon - Sandler O'Neill & Partners, L.P.
You had very strong loan originations this quarter. I am wondering if you could give us a sense for where those originations are coming from what part of the country.
Monte N. Redman - President and Chief Operating Officer
Well, Mark, for the first six months of this year, I would say 44% have been for the New York Metropolitan area. Then there is about five states that have more than 5%: Illinois, Massachusetts, Maryland, the State of Washington and California had 6%.
Mark T. Fitzgibbon - Sandler O'Neill & Partners, L.P.
So would it be fair to say you're not doing as much in California and Florida?
George L. Engelke, Jr. - Chairman and Chief Executive Officer
I think it's very fair to say that. And as we've said in other conference calls and conferences, we're down to I think seven counties in California. We still make loans in there. There are some big states, there are a few good homes there to lend on. And we're still there, but we are doing a lot less than we did last several years.
Mark T. Fitzgibbon - Sandler O'Neill & Partners, L.P.
Are the standards different by state?
George L. Engelke, Jr. - Chairman and Chief Executive Officer
No, no.
Mark T. Fitzgibbon - Sandler O'Neill & Partners, L.P.
Okay.And then...
George L. Engelke, Jr. - Chairman and Chief Executive Officer
We are still... let me repeat that, for loans at $500,000 or more, we are at for our purchase [ph], 75%, LTV is the max. For a refinance, it's 70% and for a cash-out refinance, it's 65%. And that's where our average LTV's have been, averaging 57% for this year.
Mark T. Fitzgibbon - Sandler O'Neill & Partners, L.P.
Okay. And then secondly, you mentioned in the press release, having some goodwill litigation costs. And I wondered if those costs were related to the first case or the second case, and if you could maybe update us on where the second case stands.
George L. Engelke, Jr. - Chairman and Chief Executive Officer
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