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GMAC BANK 1100 VIRGINIA DRIVE
FT. WASHINGTON, 19034

2008 Mortgage Research Middlesex Massachusetts US
Total Applications 2,514 9,038 215,340
Average Loan $312.5k $287.6k $213.1k
Loan to Income Ratio 2.50 2.47 2.29
Subprime Loans 0.80% 1.14% 2.97%
Refinancing Loans 68.97% 67.56% 57.69%
Principal Dwellings 96.34% 92.60% 90.31%
Rejected Applications
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