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Subprime Fallout

Tuesday, December 4, 2007; Page D01

7.2

million

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Number of families who have a subprime mortgage

$1.3

trillion

Value of subprime loans outstanding

14.44%

Percent of subprime mortgages in default

1 in 5

Subprime mortgages originated in 2005 or 2006 projected to end in foreclosure

1.8

million

Number of subprime mortgages with interest rates that will reset in 2007 and 2008

30% to

50%

Typical increase in monthly payment after reset

SOURCE: Center for Responsible Lending


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