Foreclosure-Response.org | High Foreclosure Needs

What Neighborhoods Have High Foreclosure Risks?

Many communities want to know where to target their efforts to prevent foreclosures and stabilize neighborhoods. The ideal data to answer this question would be generated by analyzing foreclosure filings, property tax delinquencies, and other local data sources. Where available, communities will want to tap those resources first. Valuable data also can be purchased from national vendors who specialize in information on mortgage delinquencies and foreclosures.

For areas without extensive local data capacity, the data on Foreclosure-Response.org provide a useful starting point for identifying the areas in need of priority attention within

Click here to access guidance and tools that combine foreclosure risk data with housing market conditions to help communities set neighborhood priorities.

See a complete list of available maps and data.

your community. Two types of data are available: LISC Foreclosure Risk Scores, which provide a useful index of local foreclosure risk, and Home Mortgage Disclosure Act (HMDA) data on high-cost loans.

LISC Foreclosure Risk Scores

LISC's Foreclosure Risk Scores identify the relative risk of foreclosure and foreclosure-related abandonment for each ZIP code within a state or within a metropolitan area. Data for the three individual components included in the Scores (subprime lending, mortgage delinquencies, and foreclosures) may also be viewed separately. Please note: These data are available for download at the ZIP codes level. Estimated census tract level foreclosure risk scores are also provided through the housing market/foreclosure risk matrix. See the HMDA indicators below to access data for other geographies. Learn more

LISC Foreclosure Risk Scores

This composite measure combines data elements that are predictive of foreclosures or neighborhood destabilization. ZIP Code level scores are available for download:

Note: Census tract level foreclosure risk scores can be mapped using the HMDA high-cost loans data tool below.

Alternative Data - HMDA High-Cost Loans

Home Mortgage Disclosure Act (HMDA) data on high-cost loans provide an alternative to the LISC Foreclosure Risk Scores for local officials interested in analysis at the city, county, state, or neighborhood level. High-cost loans have higher interest rates and are more likely to be at risk of foreclosure than loans with lower rates. [see note 1] Learn more

HMDA High-Cost Purchase Loans

These data include (1) an indicator comparing the number of high-cost home purchase loans in a given area with the number of 1-4 family housing units in the area and (2) an indicator that uses data on high-cost loans for properties that are not owner-occupied to identify areas where renters in 1-4 unit properties may be vulnerable to foreclosure-related evictions. Maps are also available for HUD's NSP3 Foreclosure Needs Scores and for the census tract level LISC foreclosure risk scores.

[1] See, for example, the Mortgage Bankers Association's National Delinquency Survey for the third quarter of 2008 [PDF]. While 6.99 percent of all loans for 1- to 4- unit residential properties were in foreclosure, the foreclosure rate for prime loans was 4.34 percent, while the rate for high-cost subprime loans was more than 4.5 times as high, at 20.03 percent. See also, Walker and Winston, 2008.

Photo credits (from top): Fall Creek Place, Indianapolis IN -- photo courtesy of Chris Palladino/Mansur Real Estate Services, Inc.; Fort Henry, Arlington VA -- photo courtesy of AHC, Inc.