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Dynamic Maps of Nonprime Mortgage Conditions
Posted on May 15, 2008
The Federal Reserve bank of New York Has Dynamic Maps of Nonprime Mortgage Conditions for the United States. The maps offer a switch between Alt-A and Subprime. Here is one such map showing the percentage of Alt-A loans in California that were low-doc or no-doc.To see a dynamic map click on the above link.Low Doc or No Doc PercentagesState Subprime Alt-ACA 47.4% 83.2%FL 41.6% 79.4%IL 34.8% 73.5%NY 44.3% 80.8%AZ 36.7% 70.1%NJ 44.0% 78.6%MA 39.6% 74.9%The lowest state I could find for Alt-A percentage was Kansas at 44%. Li...
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