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GMAC BANK 1100 VIRGINIA DRIVE
FT. WASHINGTON, 19034

2008 Mortgage Research Alexander North Carolina US
Total Applications 20 6,967 215,340
Average Loan $201.5k $187.0k $213.1k
Loan to Income Ratio 3.14 2.17 2.29
Subprime Loans 5% 2.73% 2.97%
Refinancing Loans 75% 52.00% 57.69%
Principal Dwellings 95% 88.82% 90.31%
Rejected Applications
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