I have added a new table to the PDF linked series in the right pane, Picture of GSE Assisted Households, CY 2010.
Table 8 shows a count of loans and $$ by state of single family loans made to investors, columns that show the percentage of all GSE loans in that state that went to investors, and rankings by the share of loans within the state that went to investors.
- The national total of $40.2 billion in GSE investor single family loans was only $4.6 billion less than the total HUD budget proposed for FY 2013.
- Surprisingly, three states (Idaho, Oregon, and Washington) in HUD Region 10 were among the top 10 states in the share of loans that went to investors:
- Further analysis of this data may show that a large share of the GSE investor loans in some states were refinances of existing investor loans. A scheduled posting later this week will include a link to my Excel cloud space folder where the complete Excel workbook with investor loans will be uploaded so users may do further analysis.