Wednesday, April 2, 2008

Find Foreclosure Hotspots With Fed's New Maps

Here is an interesting tool from the Federal Reserve Bank in New York, which provides an interactive map of the United States and features data about subprime and Alt-A mortgages and foreclosures.

The feature that allows you to zoom in on particular cities and allows you to see a troubling concentration of high LTV (loan-to-value) ratio loans in parts of the Twin Cities, but more interesting are certain counties in greater Minnesota that have a high number of toxic mortgages.

See for yourself. (click here)



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