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WELLS FARGO FUNDING, INC 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, 50328

2008 Mortgage Research Burke North Carolina US
Total Applications 81 15,061 399,553
Average Loan $170.3k $186.3k $204.7k
Loan to Income Ratio 1.66 2.17 2.31
Subprime Loans 1.23% 0.21% 0.19%
Refinancing Loans 56.79% 43.87% 40.92%
Principal Dwellings 90.12% 90.74% 93.53%
Rejected Applications 1.23% 0.44% 0.64%
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