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WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, 50328

2008 Mortgage Research Norfolk Massachusetts US
Total Applications 1,457 12,703 1,135,800
Average Loan $328.8k $279.2k $220.6k
Loan to Income Ratio 2.22 2.25 2.03
Subprime Loans 1.99% 2.85% 3.21%
Refinancing Loans 53.19% 53.56% 47.39%
Principal Dwellings 96.09% 91.74% 90.29%
Rejected Applications 15.17% 18.79% 21.04%
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