Top 5 Resources for Financial Analysts to Assess The Subprime Mortgage Crisis

Top 5 Resources for Financial Analysts to Assess The Subprime Mortgage Crisis

Much has been spoken about the subprime mortgage crisis and its impact on the U.S and wider global economy in 2008 and beyond. However, in midst of all the rhetoric, how can a financial analyst get around to really assessing the impact of the crisis, and make better decisions regarding your business, stock portfolio, real estate investments, or personal net-worth?

We point you to 5 of the most relevant publicly available resources you can use as data for your financial model to analyze the impact of the sub-prime mortgage crisis.

1. The Federal Deposit Insurance Corporation (FDIC) provides banking statistics from 1934 onwards. Besides general banking statistics, bank failure reports are also published and available for download. Similarly, The Mortgage Bankers Association (MBAA) also provides their take on the outlook and forecast for the mortgage industry.

FDIC: http://www2.fdic.gov/hsob/index.asp

MBAA: http://mbaa.org/ResearchandForecasts/EconomicOutlookandForecasts

2. The Federal Reserve Bank of New York provides dynamic maps of nonprime mortgage conditions in the United States. You can drill down and analyze the state of subprime mortgages by state, foreclosures and delinquencies.

http://www.newyorkfed.org/mortgagemaps/

3. The United States Home Mortgage Disclosure Act provides aggregate reports of annual mortgage data that are searchable by state. as well as disclosure reports to help you search and assess the level of mortgage that a financial institution is providing.

Aggregate reports: http://www.ffiec.gov/hmdaadwebreport/AggWelcome.aspx

Disclosure reports: http://www.ffiec.gov/hmdaadwebreport/diswelcome.aspx

4. The Joint Center for Housing Studies at Harvard University published a paper entitled The State of the Nation’s Housing 2008. The paper provides useful statistics on the housing sector in the United States, demographic data and issues facing the industry.

http://www.jchs.harvard.edu/son/index.htm

5. The Federal Reserve Bank of St. Louis provides a very helpful background paper entitled The Evolution of the Subprime Mortgage Market, that discusses the topic of subprime lending and how the subprime mortgage market has evolved.

http://research.stlouisfed.org/publications/review/06/01/ChomPennCross.pdf


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