Wednesday, December 12, 2007

REVISED: State and Local Subprime Loan Impact Projections Roundup.

Whoops...in the third [new] source I missed a table showing Oregon impacts at the metro county level in Oregon (no rural county data since report is based on HMDA data collected only for metro areas).

I downloaded and put those Oregon metro county impacts into one page PDF file HERE.
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There are a number of reports on the web that attempt to quantify the state or local impacts of sub prime loan problems, including impacts on home values/tax base and on the overall economy.
  1. I have previously blogged about a US Conference of Mayors report HERE. (includes Oregon metro area level economic impact data).
  2. And I have also blogged previously about a US Joint Economic Committee majority report on state impacts HERE.
  3. ADD to this list a report from the Center for Responsible Lending HERE, which projects that Oregon homeowners will lose more than $1.475 Billion in home values/tax base because of the impact of mortgage problems.(This report also has a good summary of projected national level foreclosures from a number of sources).

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