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

2006 Mortgage Research Massachusetts US
Total Applications 14,723 775,217
Average Loan $250.8k $228.6k
Loan to Income Ratio 2.07 1.82
Subprime Loans 4.39% 5.20%
Refinancing Loans 53.38% 43.68%
Principal Dwellings 90.97% 84.79%
Rejected Applications 14.46% 14.95%