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

2008 Mortgage Research Allegheny Pennsylvania US
Total Applications 3,209 42,027 1,135,800
Average Loan $149.2k $182.8k $220.6k
Loan to Income Ratio 1.53 1.91 2.03
Subprime Loans 4.80% 3.82% 3.21%
Refinancing Loans 39.55% 45.66% 47.39%
Principal Dwellings 92.43% 93.06% 90.29%
Rejected Applications 14.43% 15.62% 21.04%
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