GAO-10-806SP: Nonprime Mortgages: Data on Loan Performance by Cohort Year, Product Type, and Location, an E-supplement to GAO-10-805

U.S. Government Accountability Office

Number and Percentage of Subprime Loans Originated in 2004 in Different Status Categories at Year-End Through December 31, 2009

Year End Total Prepaid
Current
Delinquent
In Default
In the Foreclosure Process
 Completed the Foreclosure
Process		 Unknown
Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans Number of Loans Percent of Loans
2004 1,946,863 100.0 93,670 4.8 1,294,270 66.5 97,242 5.0 11,653 0.6 8,467 0.4 1,282 0.1 440,279 22.6
2005 1,946,863 100.0 661,253 34.0 1,002,040 51.5 142,526 7.3 46,016 2.4 36,363 1.9 32,192 1.7 26,473 1.4
2006 1,946,863 100.0 1,144,949 58.8 502,979 25.8 100,780 5.2 41,053 2.1 40,637 2.1 91,913 4.7 24,552 1.3
2007 1,946,863 100.0 1,329,079 68.3 305,661 15.7 69,054 3.5 40,021 2.1 36,249 1.9 149,349 7.7 17,450 0.9
2008 1,946,863 100.0 1,368,911 70.3 239,764 12.3 59,388 3.1 41,398 2.1 27,984 1.4 189,626 9.7 19,792 1.0
2009 1,946,863 100.0 1,387,080 71.2 196,392 10.1 49,389 2.5 51,844 2.7 31,814 1.6 210,641 10.8 19,703 1.0

Source: GAO analysis of CoreLogic LP data.

(Go to Status of Alt-A Loans originated in 2004)

(Number and Percentage of All Nonprime Loans Originated in 2004 in Different Status Categories at Year-End Through December 31, 2009)

(Status of Nonprime Loans Originated from 2004 through 2007 as of Year-End 2004 through 2009)

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