Subprime Takes Its Toll Across U.S.

A recent online article in the WSJ called Where Subprime Delinquencies are Getting Worse($) took a look at the housing market and the impact the subprime market collapse is having. It also had some great graphic representations of the extent of the subprime market as it relates to the entire U.S. market.

For example, using the top 10 U.S. cities here is a graphic of subprime originations as a percent of total loan originations in 2006.

Graphic #1

Another graphic illustrates the highest percentage of subprime delinquencies which occurred during 2006.

graphic #2

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