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SOVEREIGN BANK 1130 BERKSHIRE BOULEVARD
WYOMISSING, 19610

2006 Mortgage Research Rhode Island US
Total Applications 2,518 85,572
Average Loan $136.3k $176.5k
Loan to Income Ratio 1.53 1.61
Subprime Loans 1.43% 2.01%
Refinancing Loans 58.30% 39.18%
Principal Dwellings 94.16% 91.14%
Rejected Applications 17.24% 9.88%