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PHH MORTGAGE CORPORATION 3000 LEADENHALL ROAD
MT LAUREL, 08054

2008 Mortgage Research	Buchanan	Iowa	US
Total Applications	30	1,737	108,682
Average Loan	$110.4k	$127.4k	$199.1k
Loan to Income Ratio	1.93	1.97	2.01
Subprime Loans	—	5.01%	3.43%
Refinancing Loans	60%	38.51%	45.07%
Principal Dwellings	93.33%	94.65%	87.72%
Rejected Applications	—	4.32%	7.95%

PHH MORTGAGE CORPORATION 3000 LEADENHALL ROADMT LAUREL, 08054