Fed to Provide Maps of Foreclosure Hotspots
April 1st, 2008
The Federal Reserve announced Tuesday that it will provide a set of maps and data illustrating subprime and alt-A mortgage loan conditions across the U.S. on the New York Fed Bank website.
The maps, maintained by the New York Fed, will display regional variations in the condition of securitized, owner-occupied subprime and alt-A mortgage loans.
The Fed suggested the data resource may be used to identify future foreclosure "hotspots", which may...
See also:
- Thursday’s Events: BOC MPC Report, U.S. Jobless Claims, Philly Fed Mfg Report (July 17th, 2008)
- U.S. Jobless Claims Rise to 366K in Week Ending July 12 (July 17th, 2008)
- U.S. Housing Starts and Building Permits Soar in June (July 17th, 2008)
- Fed’s Kroszner Says Fed Rules Will Affect Subprime and Alternative Mortgages (July 17th, 2008)
- Higher U.S. CPI, FOMC Minutes Lead to Greater Chance of Rate Hike (July 16th, 2008)