MAMA Risk Summary Data as of 2008 Q4 Table of Contents Contents. 2 Largest 25 Metro Areas based on HMDA originations.. 3 Lowest Risk 25 Metro Areas 4 Highest Risk 25 Metro Areas... 5 Largest 25 States based on HMDA originations. 6 Lowest Risk 25 States... 7 Highest Risk 25 States.. 8
Contents The MAMA Risk Summary includes six summary reports of the high risk indicators shown at the top of the MAMA reports. The reports are based upon economic data as of 2008 Q4. The high risk indicators are segmented by the following categories: Home Prices Affordability Housing Inventory Credit Conditions Employment Each of the five categories is rated based on how current values compare to historical values for the area. Possible rating values include: High Alert : All data studied indicates high risk Warning : Some data studied indicates high risk Normal : No data studied indicates high risk The following section lists the summary reports included in this document for the Metro Areas and States. Reports: 1. Largest 25 Metro Areas based on HMDA originations 2. Lowest Risk 25 Metro Areas 3. Highest Risk 25 Metro Areas 4. Largest 25 States based on HMDA originations 5. Lowest Risk 25 States 6. Highest Risk 25 States If you have questions regarding the information contained in this document, please refer to the MAMA User's Guide or contact your RMIC Account Manager for more information. We expect to release the 2009 Q1 version of the Metropolitan Area Market Analysis (MAMA) in mid-june. MAMA Risk Summary 2 May 2009
MAMA Risk Summary Indicators for Largest 25 Metro Areas based on HMDA originations Ranked by decreasing mortgage origination volume Metro Name Home Prices Affordability Housing Inventory Credit Conditions Employment Riverside-San Bernardino-Ontario, CA Phoenix-Mesa-Scottsdale, AZ San Diego-Carlsbad-San Marcos, CA Atlanta-Sandy Springs-Marietta, GA San Jose-Sunnyvale-Santa Clara, CA Sacramento--Arden-Arcade--Roseville, CA Las Vegas-Paradise, NV Baltimore-Towson, MD Minneapolis-St. Paul-Bloomington, MN-WI Tampa-St. Petersburg-Clearwater, FL Denver-Aurora-Broomfield, CO Orlando-Kissimmee, FL Houston-Sugar Land-Baytown, TX Portland-Vancouver-Beaverton, OR-WA St. Louis, MO-IL Virginia Beach-Norfolk-Newport News, VA-NC Oxnard-Thousand Oaks-Ventura, CA Providence-New Bedford-Fall River, RI-MA Bridgeport-Stamford-Norwalk, CT Charlotte-Gastonia-Concord, NC-SC Jacksonville, FL Kansas City, MO-KS Salt Lake City, UT Stockton, CA Cincinnati-Middletown, OH-KY-IN HMDA origination dollars (decreasing) MAMA Risk Summary 3 May 2009
MAMA Risk Summary Indicators for Lowest Risk 25 Metro Areas Ranked by increasing risk Metro Name Home Prices Affordability Housing Inventory Credit Conditions Employment Anchorage, AK Jonesboro, AR Longview, TX Logan, UT-ID Waco, TX Billings, MT Grand Junction, CO New Orleans-Metairie-Kenner, LA Houston-Sugar Land-Baytown, TX Fort Worth-Arlington, TX Fort Smith, AR-OK San Antonio, TX Austin-Round Rock, TX Casper, WY Rockingham County-Strafford County, NH Odessa, TX San Angelo, TX Lewiston, ID-WA Great Falls, MT Sherman-Denison, TX Midland, TX Morristown, TN Tyler, TX Kingston, NY Kennewick-Pasco-Richland, WA 1. Number of High Alerts (increasing) 2. Number of High Alerts and Warnings (increasing) 3. Total number of Data Elements included in Summary (increasing) 4. HMDA origination dollars (decreasing) MAMA Risk Summary 4 May 2009
MAMA Risk Summary Indicators for Highest Risk 25 Metro Areas Ranked by decreasing risk Metro Name Home Prices Affordability Housing Inventory Credit Conditions Employment Panama City-Lynn Haven-Panama City Beach, FL Dover, DE Spartanburg, SC Las Vegas-Paradise, NV Orlando-Kissimmee, FL Jacksonville, FL Cincinnati-Middletown, OH-KY-IN Cape Coral-Fort Myers, FL Milwaukee-Waukesha-West Allis, WI Indianapolis-Carmel, IN Cleveland-Elyria-Mentor, OH Reno-Sparks, NV Birmingham-Hoover, AL Palm Bay-Melbourne-Titusville, FL Lakeland-Winter Haven, FL Madison, WI Grand Rapids-Wyoming, MI Greensboro-High Point, NC Dayton, OH Akron, OH Pensacola-Ferry Pass-Brent, FL Toledo, OH Ann Arbor, MI Winston-Salem, NC Fort Walton Beach-Crestview-Destin, FL 1. Number of High Alerts (decreasing) 2. Number of High Alerts and Warnings (decreasing) 3. Total number of Data Elements included in Summary (decreasing) 4. HMDA origination dollars (decreasing) MAMA Risk Summary 5 May 2009
MAMA Risk Summary Indicators for Largest 25 States based on HMDA originations Ranked by decreasing mortgage origination volume California Florida New York Illinois Texas New Jersey Virginia Arizona Maryland Washington Massachusetts Georgia Pennsylvania North Carolina Colorado Michigan Ohio Nevada Minnesota Oregon Connecticut Wisconsin Missouri Tennessee South Carolina State Name Home Prices Affordability Housing Inventory Credit Conditions Employment HMDA origination dollars (decreasing) MAMA Risk Summary 6 May 2009
MAMA Risk Summary Indicators for Lowest Risk 25 States Ranked by increasing risk Wyoming Alaska Montana Texas Vermont District Of Columbia Oklahoma Louisiana Colorado South Dakota Mississippi North Dakota New Hampshire Utah New York West Virginia Washington Maine Arkansas Iowa Kansas New Mexico Idaho Tennessee Missouri State Name Home Prices Affordability Housing Inventory Credit Conditions Employment 1. Number of High Alerts (increasing) 2. Number of High Alerts and Warnings (increasing) 3. Total number of Data Elements included in Summary (increasing) 4. HMDA origination dollars (decreasing) MAMA Risk Summary 7 May 2009
MAMA Risk Summary Indicators for Highest Risk 25 States Ranked by decreasing risk Florida Georgia Michigan Ohio Nevada Wisconsin Indiana Arizona Oregon Illinois Virginia Maryland North Carolina Minnesota Kentucky Rhode Island Delaware Nebraska South Carolina Alabama California Massachusetts Hawaii New Jersey Pennsylvania State Name Home Prices Affordability Housing Inventory Credit Conditions Employment 1. Number of High Alerts (decreasing) 2. Number of High Alerts and Warnings (decreasing) 3. Total number of Data Elements included in Summary (decreasing) 4. HMDA origination dollars (decreasing) MAMA Risk Summary 8 May 2009