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

2006 Mortgage Research King Washington US
Total Applications 21,973 78,133 2,420,539
Average Loan $278.2k $218.9k $213.0k
Loan to Income Ratio 2.37 2.25 2.07
Subprime Loans 5.37% 6.63% 8.70%
Refinancing Loans 41.25% 45.21% 46.28%
Principal Dwellings 90.61% 90.32% 88.59%
Rejected Applications 8.41% 9.03% 11.63%