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

2008 Mortgage Research Rhode Island US
Total Applications 2,097 1,135,800
Average Loan $221.7k $220.6k
Loan to Income Ratio 2.22 2.03
Subprime Loans 3.15% 3.21%
Refinancing Loans 56.94% 47.39%
Principal Dwellings 90.61% 90.29%
Rejected Applications 24.18% 21.04%
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