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

2008 Mortgage Research Bucks Pennsylvania US
Total Applications 2,699 42,027 1,135,800
Average Loan $258.6k $182.8k $220.6k
Loan to Income Ratio 2.14 1.91 2.03
Subprime Loans 1.41% 3.82% 3.21%
Refinancing Loans 49.24% 45.66% 47.39%
Principal Dwellings 97.11% 93.06% 90.29%
Rejected Applications 12.63% 15.62% 21.04%
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