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COUNTRYWIDE BANK, N.A. 35 NORTH LAKE, MS 35-148
PASADENA, 91101

2006 Mortgage Research Arizona US
Total Applications 30,259 775,217
Average Loan $211.3k $228.6k
Loan to Income Ratio 1.77 1.82
Subprime Loans 3.83% 5.20%
Refinancing Loans 40.98% 43.68%
Principal Dwellings 78.85% 84.79%
Rejected Applications 10.95% 14.95%