Sep 06
Orange County rose two slots in the national ranking of riskiest places to make a home loan, hitting No. 7 in the third quarter up from No. 9 in Q2, reports First American CoreLogic.
No. 1, again, is the Inland Empire and No. 2, also again, is Los Angeles.
First American CoreLogic says falling home prices and fraud are driving up the risk of delinquency. The nationwide Core Mortgage Risk Index is up 12% from a year ago and has increased for 11 of the last 12 quarters. Read the full report
The map on the right shows high risk areas in red (Yes that includes O.C.). Click on the map for a larger image.
And in related topics…
