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)

Alaska
Understanding the Foreclosure Crisis in Alaska
January 2010 (PDF - 436KB) August 2009 (PDF - 1.81MB) April 2009 (PDF - 2.57MB) February 2009 (PDF - 1.90MB)

Arizona
Understanding the Foreclosure Crisis in Arizona
January 2010 (PDF - 794KB) August 2009 (PDF - 2.22MB) April 2009 (PDF - 3.50MB) February 2009 (PDF - 1.60MB) November 2008 (PDF - 793KB) June 2008 (PDF - 644KB) March 2008 (PDF - 903KB)

California
Understanding the Foreclosure Crisis in California
January 2010 (PDF - 1.92MB) August 2009 (PDF - 5.31MB) April 2009 (PDF - 2.48MB) January 2009 (PDF - 6.21MB) June 2008 (PDF - 1.16MB)

Northern California
January 2010 (PDF - 773KB) August 2009 (PDF - 2.43MB) April 2009 (PDF - 884KB) January 2009 (PDF - 2.55MB) March 2008 (PDF - 1.18MB)

Central California
January 2010 (PDF - 103KB) August 2009 (PDF - 2.83MB) April 2009 (PDF - 1.36MB) January 2009 (PDF - 2.77MB) March 2008 (PDF - 1.36MB)

Southern California
January 2010 (PDF - 1.15MB) August 2009 (PDF - 3.58MB) April 2009 (PDF - 1.41MB) January 2009 (PDF - 4.16MB) November 2008 (PDF - KB) March 2008 (PDF - 2.23MB)

Hawaii
Understanding the Foreclosure Crisis in Hawaii
January 2010 (PDF - 350KB) August 2009 (PDF - 459MB) April 2009 (PDF - 459MB) January 2009 (PDF - 1.55MB) October 2008 (PDF - 553KB) July 2008 (PDF - 575KB)

Idaho
Understanding the Foreclosure Crisis in Idaho
January 2010 (PDF - 511KB) August 2009 (PDF - 1.64MB) April 2009 (PDF - 2.48MB) February 2009 (PDF - 718KB) June 2008 (PDF - 695KB)

Nevada
Understanding the Foreclosure Crisis in Nevada
January 2010 (PDF - 732KB) August 2009 (PDF - 2.05MB) April 2009 (PDF - 2.48MB) January 2009 (PDF - 2.83MB) June 2008 (PDF - 476KB) February 2008 (PDF - 1.58MB)

Oregon
Understanding the Foreclosure Crisis in Oregon
January 2010 (PDF - 696KB) August 2009 (PDF - 2.03MB) April 2009 (PDF - 2.48MB) January 2009 (PDF - 1.08MB) September 2008 (PDF - 1.08MB) March 2008 (PDF - 410KB)

Utah
Understanding the Foreclosure Crisis in Utah
January 2010 (PDF - 530KB) August 2009 (PDF - 1.86MB) April 2009 (PDF - 1.32MB) January 2009 (PDF - 2.48MB) October 2008 (PDF - 708KB) July 2008 (PDF - 107KB) February 2008 (PDF - 1.44MB)

Washington
Understanding the Foreclosure Crisis in Washington
January 2010 (PDF - 1.11MB) August 2009 (PDF - 2.76MB) April 2009 (PDF - 4.9MB) February 2009 (PDF - 3.97MB)

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

Seismic Effects of the Bankruptcy Reform (offsite)
Federal Reserve Bank of New York, November 2008

Lending in Low- and Moderate-Income Neighborhoods in California: The Performance of CRA Lending During the Subprime Meltdown (PDF)
Federal Reserve Bank of San Francisco, November 2008

Foreclosure Prevention in the 12th District: The Role of
Community Development (PDF)
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 (PDF)
Federal Reserve Bank of San Francisco Community Development Working Paper, October 2007

Community Investments: Special Issue on Homeownership Preservation, December 2006 (PDF)

Homeownership at High Cost: Foreclosure Risk and High Cost Loans in California (PDF)
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 (offsite)

Federal Reserve Board of Governors – Speeches and Testimony (offsite)

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  (offsite)
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) (offsite): 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) (offsite): Collects quarterly data on delinquent loans and foreclosure starts. 

LoanPerformance (offsite): 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 (offsite): 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 (offsite)

Joint Center for Housing Studies, Harvard University (offsite)

Neighborworks Center for Foreclosure Solutions (offsite)

Woodstock Institute (offsite)

HousingPolicy.org (offsite)

California Reinvestment Coalition (offsite)