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COUNTRYWIDE HOME LOANS 35 N. LAKE AVENUE MS 35-148
PASADENA, 91101

2006 Mortgage Research Wharton Texas US
Total Applications 127 159,924 2,420,539
Average Loan $89.7k $125.5k $213.0k
Loan to Income Ratio 1.31 1.36 2.07
Subprime Loans 16.54% 10.03% 8.70%
Refinancing Loans 36.22% 20.42% 46.28%
Principal Dwellings 93.70% 87.32% 88.59%
Rejected Applications 14.17% 12.15% 11.63%