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

2008 Mortgage Research Allegheny Pennsylvania US
Total Applications 1,868 19,983 399,553
Average Loan $145.9k $187.6k $204.7k
Loan to Income Ratio 1.73 2.18 2.31
Subprime Loans 0.75% 0.38% 0.19%
Refinancing Loans 28.32% 38.54% 40.92%
Principal Dwellings 95.29% 94.92% 93.53%
Rejected Applications 0.37% 0.70% 0.64%
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