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 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 772,534 100.0 37,227 4.8 606,744 78.5 69,915 9.1 21,146 2.7 21,826 2.8 3,753 0.5 11,923 1.5
2008 772,534 100.0 90,502 11.7 412,051 53.3 86,898 11.2 62,516 8.1 64,937 8.4 50,371 6.5 5,259 0.7
2009 772,534 100.0 121,546 15.7 286,387 37.1 61,698 8.0 104,813 13.6 85,954 11.1 108,402 14.0 3,734 0.5

Source: GAO analysis of CoreLogic LP data.

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

(Number and Percentage of Subprime 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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