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PHH MORTGAGE CORPORATION 3000 LEADENHALL ROAD
MT LAUREL, 08054

2008 Mortgage Research	Ashley	Arkansas	US
Total Applications	62	914	108,682
Average Loan	$103.0k	$129.5k	$199.1k
Loan to Income Ratio	1.57	1.74	2.01
Subprime Loans	22.58%	7.88%	3.43%
Refinancing Loans	12.90%	34.79%	45.07%
Principal Dwellings	100%	89.28%	87.72%
Rejected Applications	—	11.93%	7.95%

PHH MORTGAGE CORPORATION 3000 LEADENHALL ROADMT LAUREL, 08054