JayB Posted April 2, 2008 Share Posted April 2, 2008 "The Federal Reserve is posting maps to illustrate subprime loan conditions across the U.S. The Fed on Tuesday announced the maps will be maintained by its district bank in New York. 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, loans 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." http://www.newyorkfed.org/mortgagemaps/ Quote Link to comment Share on other sites More sharing options...
Crux Posted April 2, 2008 Share Posted April 2, 2008 The map will resemble a Missile Command strike pattern. (?) Quote Link to comment Share on other sites More sharing options...
Hugh Conway Posted April 2, 2008 Share Posted April 2, 2008 entrails? goat sacrifice? What Will BEN DO! Quote Link to comment Share on other sites More sharing options...
G-spotter Posted April 2, 2008 Share Posted April 2, 2008 They should post a map showing distributions of banks that made a profit and banks that made a loss. Quote Link to comment Share on other sites More sharing options...
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