Analysis of Loan Performance, Factors Associated with Defaults, and Data Sources

Shear, William B.
September 2010
GAO Reports;9/23/2010, preceding p1
Government Document
The article examines the loan performance of nonprime mortgages in the U.S. It provides information on the performance of nonprime loans and the characteristics of loan and borrower as well as the influence of economic conditions in the likelihood of default and foreclosure of nonprime loans. It also discusses the features and limitations of primary sources of data on nonprime loan performance and the federal government efforts to improve the availability of the data sources.


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