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FLAGSTAR BANK 5151 CORPORATE DRIVE
TROY, 48098-2639

2008 Mortgage Research Miami-Dade Florida US
Total Applications 2,849 18,273 236,148
Average Loan $222.3k $191.0k $199.5k
Loan to Income Ratio 2.39 2.17 2.38
Subprime Loans 8.25% 9.16% 10.42%
Refinancing Loans 55.00% 52.16% 52.12%
Principal Dwellings 86.70% 84.26% 89.91%
Rejected Applications 29.66% 25.11% 20.04%
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