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 Alt-A Loans Loans Originated in 2006 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
2006 1,332,449 100.0 58,154 4.4 944,997 70.9 35,953 2.7 3,871 0.3 4,530 0.3 1,045 0.1 283,899 21.3
2007 1,332,449 100.0 221,997 16.7 918,223 68.9 78,580 5.9 30,634 2.3 42,006 3.2 26,287 2.0 14,722 1.1
2008 1,332,449 100.0 292,671 22.0 641,446 48.1 97,779 7.3 80,346 6.0 99,720 7.5 110,665 8.3 9,822 0.7
2009 1,332,449 100.0 338,599 25.4 460,383 34.6 68,043 5.1 116,245 8.7 127,768 9.6 212,435 15.9 8,976 0.7

Source: GAO analysis of CoreLogic LP data.

(Number and Percentage of Subprime Loans Originated in 2006 in Different Status Categories at Year- End Through December 31, 2009)

(Number and Percentage of All Nonprime Loans Originated in 2006 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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