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LEHMAN BROTHERS BANK 745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, 10019

2006 Mortgage Research Colorado US
Total Applications 16,777 523,912
Average Loan $191.0k $200.8k
Loan to Income Ratio 1.68 1.77
Subprime Loans 11.48% 6.71%
Refinancing Loans 34.80% 37.77%
Principal Dwellings 80.65% 82.84%
Rejected Applications 12.12% 7.49%