Federal Reserve is posting maps to illustrate subprime loan conditions across the U.S. Monthly updates are planned. The maps will display regional variation in the condition of securitized, owner-occupied subprime and alt-A mortgage loans. The maps will show information for each state and most counties and zip codes. The information includes
- Loans per 1,000 housing units
- Loans in foreclosure per 1,000 housing units
- Lloans real estate owned per 1,000 housing units
- Share of loans that are adjustable rate mortgages
- Share of loans for which payments are current
- Share of loans that are 90-plus days delinquent
- Share of loans in foreclosure
- Median combined loan-to-value ratio at origination
- Share of loans with low credit score and high LTV at origination
- Share of loans with low- or no documentation
- Share of ARMs with initial reset in the next 12 months
- Share of loans with a late payment in the past 12 months