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

2006 Mortgage Research Antrim Michigan US
Total Applications 69 21,368 775,217
Average Loan $213.8k $124.9k $228.6k
Loan to Income Ratio 1.60 1.33 1.82
Subprime Loans 13.04% 5.57% 5.20%
Refinancing Loans 65.22% 55.28% 43.68%
Principal Dwellings 72.46% 89.31% 84.79%
Rejected Applications 2.90% 15.42% 14.95%