12th District: Presentations on Local Foreclosure Trends

To assist local efforts to prevent foreclosures and mitigate the impact of foreclosures on neighborhoods, the Community Development Department has prepared a series of presentations and maps detailing local data on delinquency and foreclosure trends in the subprime market.

12th District
The Role of Community Development in District Foreclosure Prevention Efforts
April 2008 (PDF - 1.03MB)

Arizona
Identifying Issues in the Subprime Mortgage Market: Arizona
March 2008 (PDF - 903KB) June 2008 (PDF - 644KB) November 2008 (PDF - 793KB)

California
Understanding the Foreclosure Crisis in California
June 2008 (PDF - 1.16MB)

Identifying Issues in the Subprime Mortgage Market: San Francisco Bay Area
March 2008 (PDF - 1.18MB)

Identifying Issues in the Subprime Mortgage Market: Inland Empire March 2008 (PDF - 1.31MB)

Identifying Issues in the Subprime Mortgage Market: Los Angeles March 2008 (PDF - 1.67MB) November 2008 (PDF - 1.56MB)

Identifying Issues in the Subprime Mortgage Market: North San Joaquin Valley
March 2008 (PDF - 1.36MB)

Hawaii
Identifying Issues in the Subprime Mortgage Market: Hawaii
July 2008 (PDF - 575KB) October 2008 (PDF - 553KB)

Idaho
Identifying Issues in the Subprime Mortgage Market: Idaho
June 2008 (PDF - 695KB)

Nevada
Identifying Issues in the Subprime Mortgage Market: Nevada February 2008 (PDF - 1.58MB) June 2008 (PDF - 476KB)

Oregon
Identifying Issues in the Subprime Mortgage Market: Oregon
March 2008 (PDF - 410KB) September 2008 (PDF - 1.08MB)

Utah
Identifying Issues in the Subprime Mortgage Market: Utah
February 2008 (PDF - 1.44MB) July 2008 (PDF - 107KB) October 2008 (PDF - 708KB)

Federal Reserve Research and Publications

A Snapshot of Mortgage Conditions with an Emphasis on Subprime Mortgage Performance (PDF - 360KB)
Federal Reserve System, August 2008

Synopses of Selected Research on Housing, Mortgages, and Foreclosures (PDF - 833KB)
Homeownership and Mortgage Initiatives, Research Subcommittee, September 2008

Community Development

Foreclosure Prevention in the 12th District: The Role of
Community Development
Federal Reserve Bank of San Francisco Community Development
Community Investments, Spring 2008

The Portfolios and Wealth of Low-Income Homeowners and Renters: Findings from an Evaluation of Self-Help Ventures Fund’s Community Advantage Program
Federal Reserve Bank of San Francisco Community Development Working Paper, October 2007

Community Investments: Special Issue on Homeownership Preservation, December 2006

Homeownership at High Cost: Foreclosure Risk and High Cost Loans in California
Federal Reserve Bank of San Francisco Community Development Working Paper, July 2006

Economic Research

Falling House Prices and Rising Time on the Market,
Federal Reserve Bank of San Francisco, Economic Letter, March 2008

House Prices and Subprime Mortgage Delinquencies
Federal Reserve Bank of San Francisco Economic Letter, June 2007

Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures,
Federal Reserve Bank of Boston Working Paper, 2007

Federal Reserve Board of Governors – Speeches and Testimony (off-site)

Fed In Print: A searchable index of Federal Reserve research publications

Mortgage and Foreclosure Data

Dynamic Maps of Nonprime Mortgage Conditions in the United States
(off-site) The Federal Reserve Bank of New York has posted a set of dynamic maps and data that illustrate regional variation in the condition of securitized, owner-occupied subprime, and alt-A mortgage loans.

Congressional District Maps of Subprime Lending and Low-Income Communities  (off-site)
Center for Community Capital has posted congressional district maps that compare subprime mortgage lending across the United States with the location of low-income and minority communities.

Commonly used data sources for research on mortgages and foreclosures

Home Mortgage Disclosure Act (HMDA) (off-site): The Home Mortgage Disclosure Act (HMDA), enacted by Congress in 1975 and implemented by the Federal Reserve Board's Regulation C, requires lending institutions to report public loan data.

Mortgage Bankers Association (MBA) (off-site): Collects quarterly data on delinquent loans and foreclosure starts. 

LoanPerformance (off-site): Private company that provides detailed data and analysis on topics such as mortgage finance, servicing, and securitization.  The MarketPulse newsletter often provides summaries of mortgage performance and delinquency trends. 

RealtyTrac and Foreclosures.com (off-site): Proprietary data sites that track local foreclosure filings and notices of default.  Press releases often contain information about local trends in default and foreclosures.

Other Research Resources

The Center for Responsible Lending (off-site)

Joint Center for Housing Studies, Harvard University (off-site)

Neighborworks Center for Foreclosure Solutions (off-site)

Woodstock Institute (off-site)