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 2007 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
2007 439,265 100.0 20,524 4.7 375,012 85.4 20,999 4.8 6,469 1.5 7,882 1.8 1,178 0.3 7,201 1.6
2008 439,265 100.0 46,367 10.6 276,219 62.9 35,321 8.0 25,150 5.7 31,908 7.3 22,344 5.1 1,956 0.4
2009 439,265 100.0 65,066 14.8 196,779 44.8 27,329 6.2 46,279 10.5 45,961 10.5 56,480 12.9 1,371 0.3

Source: GAO analysis of CoreLogic LP data.

(Number and Percentage of Subprime Loans Originated in 2007 in Different Status Categories at Year- End Through December 31, 2009)

(Number and Percentage of All Nonprime Loans Originated in 2007 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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