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

2006 Mortgage Research Marin California US
Total Applications 684 158,271 775,217
Average Loan $645.7k $391.0k $228.6k
Loan to Income Ratio 2.48 2.32 1.82
Subprime Loans 5.12% 6.13% 5.20%
Refinancing Loans 55.12% 54.18% 43.68%
Principal Dwellings 85.09% 86.47% 84.79%
Rejected Applications 23.25% 21.42% 14.95%