Where can I find free stats on sumprime home foreclosures for Memphis area for 2007 & 2008?

Asked by Susie Paullus, Memphis, TN Wed Jun 11, 2008

Doing a stats paper at school. Need stats for completing paper.

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Jo Shaner, Agent, Memphis, TN
Wed Jun 11, 2008
Dear Susie,

Your answer is going to be with the mortgage industry since subprime (commonly referred to as B paper) are sold in their own lots. Contact the Memphis Mortgage Broker's Association. The stats I can give you would for foreclosures and not all foreclosures are due to subprime lending. Many foreclosures are due to 100% loans with an adjustable second.
Web Reference:  http://www.lipseyshaner.com
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