I have lots of charts to back up the specifics of today’s WP column, but unfortunately, we could not jam them all into the paper.

This run is a supplement to that column.





click on any graphic for a larger chart

1) The housing boom and bust was global



Source: McKinsey Quarterly

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2) Nonbank mortgage underwriting exploded from 2001 to 2007, along with the private label securitization market, which eclipsed Fannie and Freddie during the boom



Source: University of North Carolina at Chapel Hill

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3) Subprime Lenders were (Primarily) Private: Only one of the top 25 subprime lenders in 2006 was directly subject to the housing laws overseen by either Fannie Mae, Freddie Mac or the Community Reinvestment Act



Source: McClatchy

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4) Lenders made 12 million subprime mortgages with a value of nearly $2 trillion. Mortgage Companies and Thrifts NOT affiliated with CRA made 75% of Subprime Loans from 2004-07,



Source: Orange County Register

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5) Fannie and Freddie risky loan purchases was dwarfed by Private Label Securitization



Source: University of North Carolina at Chapel Hill

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6) CRA were less likely to default than Subprime Mortgages



Source: University of North Carolina at Chapel Hill

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7) Suburbs and Exurbs were where the boom & bust occurred — not the CRA regions



Source: Washington Post