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

2006 Mortgage Research Cape May New Jersey US
Total Applications 679 24,958 775,217
Average Loan $356.9k $262.2k $228.6k
Loan to Income Ratio 1.83 2.05 1.82
Subprime Loans 4.71% 7.58% 5.20%
Refinancing Loans 55.38% 48.91% 43.68%
Principal Dwellings 43.89% 89.80% 84.79%
Rejected Applications 25.92% 9.06% 14.95%