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

2006 Mortgage Research Wake North Carolina US
Total Applications 2,393 14,836 775,217
Average Loan $164.7k $157.3k $228.6k
Loan to Income Ratio 1.50 1.44 1.82
Subprime Loans 3.93% 4.49% 5.20%
Refinancing Loans 27.41% 33.96% 43.68%
Principal Dwellings 84.33% 80.73% 84.79%
Rejected Applications 5.93% 8.74% 14.95%