Loan Performance and Related REO Data Sources

Several companies make available loan performance and other data that shed light on loan performance at local levels.  Loan performance is critical to understanding the level of foreclosure risk in a community.  Be aware that the majority of the sources on this list charge a fee for access to their data.  Many nonprofits seek out partnerships with local Universities and Think Tanks that may already have acquired the service for access to the data.

• First American Core Logic: Total of 32 million property records with loan information for 41 states, the District of Columbia, and 694 counties.  Largest database of active mortgages, including loan characteristics and payment status.

• First American Loan Performance: From 9 of the 10 largest servicers; 50 states and the District of Columbia; coverage of an estimated 70 percent of U.S. mortgages

• McDash Analytics: From 7 of 10 servicers; estimated 30 percent coverage

• TransUnion Trend Data: Quarterly credit information for sample of 25 million customers

• RealtyTrac: Foreclosure inventory from lenders, servicers and public notices; averages 15 percent coverage across states; particularly strong data for the West and urban populations

• PMI Mortgage Insurance Market Risk Index: Quarterly house price decline risk index for 369 metropolitan areas based on price change, employment growth and affordability

• Mortgage Bankers Association: Quarterly data from servicers; 80 percent of outstanding mortgages; approximately 41 million loans.

• Experian: Mortgage borrower credit scores by census tract for 2005 and 2006.

• Milwaukee Nonprofit Data Center: Sheriff's Sale data coupled with parcel-level data on prices, valuations, tenure and land use