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

2006 Mortgage Research Chittenden Vermont US
Total Applications 643 2,621 2,420,539
Average Loan $187.4k $177.5k $213.0k
Loan to Income Ratio 1.98 1.66 2.07
Subprime Loans 6.53% 8.85% 8.70%
Refinancing Loans 51.32% 60.55% 46.28%
Principal Dwellings 90.67% 84.36% 88.59%
Rejected Applications 5.75% 9.27% 11.63%