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

2006 Mortgage Research Lincoln Nevada US
Total Applications 8 13,373 523,912
Average Loan $124.2k $222.8k $200.8k
Loan to Income Ratio 1.61 1.73 1.77
Subprime Loans 4.91% 6.71%
Refinancing Loans 37.50% 28.48% 37.77%
Principal Dwellings 87.50% 81.39% 82.84%
Rejected Applications 12.50% 7.00% 7.49%