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

2008 Mortgage Research Cabarrus North Carolina US
Total Applications 733 38,230 1,135,800
Average Loan $192.6k $178.2k $220.6k
Loan to Income Ratio 2.15 2.01 2.03
Subprime Loans 2.59% 2.74% 3.21%
Refinancing Loans 57.44% 47.97% 47.39%
Principal Dwellings 93.72% 90.44% 90.29%
Rejected Applications 19.78% 16.18% 21.04%
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