A California Subprime Quake

A helpful report out from insurer Aon showing that things in California could be worse: We could get a significant quake along the San Andreas fault. As it turns out, the fault is pretty much a bus tour of the most foreclosure-struck counties in California. It wouldn’t take much shaking, to Aon’s way of thinking, to push those foreclosure/default numbers much, much higher.

quake-closures

Related posts:

  1. Latest California Mortgage Foreclosure Data: Up 35%
  2. California Housing Sale Volumes Soar
  3. Subprime Crisis Claims California: Fiscal Emergency to be Declared
  4. California: Canary in the Economic Coal Mine
  5. Wildfires and Foreclosures, Part II