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

2008 Mortgage Research Clarion Pennsylvania US
Total Applications 35 42,027 1,135,800
Average Loan $80.3k $182.8k $220.6k
Loan to Income Ratio 1.47 1.91 2.03
Subprime Loans 8.57% 3.82% 3.21%
Refinancing Loans 45.71% 45.66% 47.39%
Principal Dwellings 91.43% 93.06% 90.29%
Rejected Applications 28.57% 15.62% 21.04%
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