convergence of fha and subprime lending patterns, new …convergence of fha and subprime lending...
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Suffolk
UlsterSullivan
Pike Orange
Ocean
Wayne
Bucks
Litchfield Hartford
Atlantic
Monroe Sussex
Dutchess
Fairfield
Burlington
Morris
New LondonNew Haven
Windham
Salem
Tolland
Warren
Monmouth
NassauHunterdon
Cumberland
Westchester
Middlesex
Bergen
MontgomeryMercer
Putnam
SomersetMiddlesex
GloucesterCamden
PassaicRockland
Kent
Essex
Cape May
Union Queens
Delaware
Kings
Philadelphia
Kent
BronxCarbon
SuffolkSuffolk
Columbia
Convergence of FHA and Subprime Lending Patterns
New York-Northern New Jersey-Long Island, NY-NJ-PA
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LegendFHA Endorsement Quadrant 1*FHA Endorsement Quandrant 2**Subprime Quadrants 1 and 22000 Zip Code Tabulation Area
L
* FHA Endorsement Quadrant 1 includes theCensus Tracts in the upper quartile rankingfor both FHA market share and the numberof FHA loans originated in 2004 and 2005.** FHA Endorsement Quadrant 2 includes the Census tracts not in Quadrant 1 but otherwise in the first two quadrants on both measures, (e.g., in the upper quartile for FHA loan volume butonly in the second highest quartile for FHA market share.)
0 1 2 3 4 50.5Miles
1 2 3 4 TotalCount Count Count Count Count
1 770 254 0 0 1,0242 316 541 0 0 8573 0 0 2,467 0 2,4674 0 0 0 0 0Total 1,086 795 2,467 0 4,348
A Quartile Ranking of '1' Denotes the Quartile with the Highest Value
New York, NY: Relationship of Quartile Rankings, Volume of BY FHA Home Purchase Loans as Percent of All Such Loans Originated in 2004 - 2005
Quartiles, FHA as a Percent of All Loans
Quartiles, Number of FHA Loans