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

2006 Mortgage Research San Francisco California US
Total Applications 1,207 158,271 775,217
Average Loan $627.5k $391.0k $228.6k
Loan to Income Ratio 2.40 2.32 1.82
Subprime Loans 4.97% 6.13% 5.20%
Refinancing Loans 49.30% 54.18% 43.68%
Principal Dwellings 81.94% 86.47% 84.79%
Rejected Applications 26.59% 21.42% 14.95%