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PHH MORTGAGE CORPORATION 3000 LEADENHALL ROAD
MT LAUREL, 08054

2008 Mortgage Research	Bond	Illinois	US
Total Applications	38	5,332	108,682
Average Loan	$149.7k	$169.4k	$199.1k
Loan to Income Ratio	1.75	1.97	2.01
Subprime Loans	2.63%	3.86%	3.43%
Refinancing Loans	65.79%	52.01%	45.07%
Principal Dwellings	100%	92.14%	87.72%
Rejected Applications	—	5.18%	7.95%

PHH MORTGAGE CORPORATION 3000 LEADENHALL ROADMT LAUREL, 08054