The Federal Reserve Board unveiled an interactive map Tuesday to help community groups, government agencies, and others identify foreclosure hot spots and target aid to those areas.
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The map, available at www.newyorkfed.org/mortgagemaps, lets users choose from 12 options to get a better sense of the subprime mortgage crisis. Users can view data on adjustable-rate mortgages, loans more than 90 days delinquent or in foreclosure, loans with no or low documentation, and other loan types on a national, state, or neighborhood basis.
The Fed plans to update the data in the maps on a monthly basis.