1. SOURCE: Minnesota Housing analysis of data from: Federal Housing Finance Agency, Data on Risk Characteristics and Performance of Single Family Mortgages Originated from 2001 through 2008 and Financed in Secondary Market (September 13, 2010), Appendix Table B1 Only includes loans with conforming loan values

2. SOURCE: Minnesota Housing analysis of data from: Jason Thomas and Robert Van Order, Housing Policy, Subprime Markets and Fannie Mae and Freddie Mac: What We Know, What We Think We Know and What We Don’t Know (November 2010)

3. SOURCE: Federal Housing Finance Agency, Refinance Report, June 2012

5. Source: Mortgage Bankers Association, National Delinquency Survey