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 All Nonprime Loans Originated in 2005 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
2005 3,757,661 100.0 191,426 5.1 2,512,745 66.9 166,696 4.4 24,766 0.7 14,936 0.4 3,102 0.1 843,990 22.5
2006 3,757,661 100.0 960,308 25.6 2,246,363 59.8 251,708 6.7 70,647 1.9 80,705 2.1 66,289 1.8 81,641 2.2
2007 3,757,661 100.0 1,564,267 41.6 1,437,477 38.3 231,663 6.2 119,966 3.2 139,472 3.7 209,036 5.6 55,780 1.5
2008 3,757,661 100.0 1,730,925 46.1 1,037,694 27.6 199,166 5.3 153,670 4.1 158,107 4.2 417,330 11.1 60,769 1.6
2009 3,757,661 100.0 1,811,104 48.2 811,766 21.6 148,333 3.9 204,212 5.4 175,203 4.7 557,404 14.8 49,639 1.3

Source: GAO analysis of CoreLogic LP data.

(Number and Percentage of Alt-A Loans Loans Originated in 2005 in Different Status Categories at Year-End Through December 31, 2009)

(Number and Percentage of Subprime Loans Originated in 2005 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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