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

2008 Mortgage Research New Mexico US
Total Applications 9,923 1,135,800
Average Loan $151.8k $220.6k
Loan to Income Ratio 1.78 2.03
Subprime Loans 3.63% 3.21%
Refinancing Loans 49.32% 47.39%
Principal Dwellings 89.69% 90.29%
Rejected Applications 28.86% 21.04%
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