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COUNTRYWIDE HOME LOANS
35 N. LAKE AVENUE MS 35-148
PASADENA, 91101
2006 Mortgage Research
Branch
Michigan
US
Total Applications
153
79,365
2,420,539
Average Loan
$102.1k
$134.1k
$213.0k
Loan to Income Ratio
1.67
1.71
2.07
Subprime Loans
11.11%
9.86%
8.70%
Refinancing Loans
58.17%
54.91%
46.28%
Principal Dwellings
88.24%
90.89%
88.59%
Rejected Applications
20.26%
17.06%
11.63%