ranchopedro said: . said: Source: Credit reporting agency, TransUnion, LLC and its Trend Data database.
Is this the reason for so much missing data?
Data for the smallest 10 percent of the counties by population have been removed and the counties are shaded grey because small population statistics are prone to extreme values and erratic fluctuations.
Strange. I kind of expected it to look worse. The year-over-year increase in mortgage delinquencies in my home county, which has been high on the list of the foreclosure meltdown for a while, was 2.92%. For bank cards, the year-over-year increase in delinquencies was only 0.37%. Almost no change in auto loan delinquencies.
Outside of Florida and Cali/Nev/part of AZ, I don't see much of a pattern... Except for that giant stripe of responsibleness in the middle of the country.
WTG corn belt!
retmil
Senior Member
posted: Aug. 25, 2009 @ 12:26a
My county looks like it's in good shape. The reality is the county is so poor that nobody can afford a house or car. Nobody wants to go to college and they couldn't get a credit card if they wanted to.
ThePessimist
Ancient Member
posted: Aug. 25, 2009 @ 5:52a
It's interesting that the current statistics and the YOY statistics look so different. The current statistics show very pronounced regional trends. The YOY statistics vary dramatically, showing very little regional consistency.
ThePessimist said: It's interesting that the current statistics and the YOY statistics look so different. The current statistics show very pronounced regional trends. The YOY statistics vary dramatically, showing very little regional consistency. I think there are serious errors here.
Current 90+ deliquency on all mortgages in GA: Johnson 9.52% Twiggs 4.23% Wilkes 5.34% Wheeler 0.00%
YoY In GA: Johnson 9.52% Twiggs 4.23% Wilkes 5.34% Wheeler -7.27%
I guess the YoY numbers are straight change in % (ie, the counties went from ~0.00% deliquency to the current deliquency and the reverse for Wheeler) rather than % change in % deliquency. Still seems very hard to believe.
JTFH said: Outside of Florida and Cali/Nev/part of AZ, I don't see much of a pattern... Except for that giant stripe of responsibleness in the middle of the country.
WTG corn belt!
byex0039 said: Data for the smallest 10 percent of the counties by population have been removed and the counties are shaded grey because small population statistics are prone to extreme values and erratic fluctuations. What he said...
That region could be solid black for all we know...
ThePessimist
Ancient Member
posted: Aug. 25, 2009 @ 8:15a
TheMeliorist said: I think there are serious errors here. Yes, those statistics in all four counties you mentioned seem unbelievable. For the first three, I can't believe the delinquency rate was 0 a year ago. For Wheeler, I can't believe that the delinquency rate is 0 now.
Clearly, there are a number of counties which have zeros rather than proper data. I would have expected better presentation from the New York Fed: a different neutral color for "data unavailable," for example. I guess I'm not surprised, just disappointed.
Senturon said: JTFH said: Outside of Florida and Cali/Nev/part of AZ, I don't see much of a pattern... Except for that giant stripe of responsibleness in the middle of the country.
WTG corn belt!
byex0039 said: Data for the smallest 10 percent of the counties by population have been removed and the counties are shaded grey because small population statistics are prone to extreme values and erratic fluctuations. What he said...
That region could be solid black for all we know... Could be, but the borders of that strip of no data show responsibility in general. Rates are likely low but with insufficient data to report.
Anyone else finds it weird that they use the same color for 6% delinquency and 13% delinquency on the mortgage map? There is one shade of color for 5% and more and 4 shades of color for everything under 5%. Very strange way for breaking down information.
staci86
Senior Member
posted: Aug. 25, 2009 @ 11:10a
This map isn't the only thing hot off the presses at the Fed.
tyrone3971
Cranky Member
posted: Aug. 25, 2009 @ 11:12a
Download the supporting spreadsheets for prime and non-prime via the link at the bottom of the graph. The presentation of relative % on the graphic is fairly useless since no baseline is defined. All it represents is momentum relative to a prior time period.
RushnRockt said: Anyone else finds it weird that they use the same color for 6% delinquency and 13% delinquency on the mortgage map? There is one shade of color for 5% and more and 4 shades of color for everything under 5%. Very strange way for breaking down information.
I was just about to point that out. Very misleading.
retmil said: My county looks like it's in good shape. The reality is the county is so poor that nobody can afford a house or car. Nobody wants to go to college and they couldn't get a credit card if they wanted to. I agree. The numbers seem significantly lower than what one would expect. Damage control I presume.
You are going to have to point out to me how the government, despite guaranteeing and subsidizing student loans as well as manipulating interest rates to be historically low, is penalizing students. Unless you mean by subsidizing and guaranteeing student loans, government raises the cost of college (by increasing demand), which the students have to pay in the end.
retmil said: My county looks like it's in good shape. The reality is the county is so poor that nobody can afford a house or car. Nobody wants to go to college and they couldn't get a credit card if they wanted to.
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