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

2006 Mortgage Research Clay Florida US
Total Applications 570 67,831 775,217
Average Loan $176.7k $244.7k $228.6k
Loan to Income Ratio 1.70 1.65 1.82
Subprime Loans 6.32% 7.29% 5.20%
Refinancing Loans 35.44% 38.45% 43.68%
Principal Dwellings 78.77% 69.89% 84.79%
Rejected Applications 11.58% 29.01% 14.95%