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 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 333,269 100.0 16,703 5.0 231,732 69.5 48,916 14.7 14,677 4.4 13,944 4.2 2,575 0.8 4,722 1.4
2008 333,269 100.0 44,135 13.2 135,832 40.8 51,577 15.5 37,366 11.2 33,029 9.9 28,027 8.4 3,303 1.0
2009 333,269 100.0 56,480 16.9 89,608 26.9 34,369 10.3 58,534 17.6 39,993 12.0 51,922 15.6 2,363 0.7

Source: GAO analysis of CoreLogic LP data.

(Go to Status of Alt-A Loans originated in 2007)

(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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