by Calculated Risk on 3/14/2007 02:27:00 AM
Wednesday, March 14, 2007
Macroblog: It's All In The ARMs
From Dave Altig at Macroblog: Foreclosures And Delinquencies: Its All In The ARMs
Professor Altig presents a series of graphs based on the MBA delinquency and foreclosure data.
The problems are not just in subprime. Right now the Midwest is having the most problems, but the coasts will probably see a significant increase in prime delinquencies and foreclosures in 2007.