Some shocking numbers

I pulled this from Bloomberg

This is the percentage of loans in trouble. nearly 1/4 of all loans are either delinquent, or in foreclosure. Nearly 40% of all subprime are in trouble. That's a shocking number of loans in trouble. Considering nearly all the late model loans in Southern California are either Alt-A or Subprime we are in a world of hurt.

                            01/31/09 12/31/08 11/30/08 01/31/08 01/31/07
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Delinq. (30,60,90,REO&Fore)   24.13%   23.17%   21.69%   14.43%    7.28%
of which Prime               12.87%   12.08%   10.79%    5.27%    2.22%
of which Alt-A               23.51%   22.49%   20.25%   10.59%    4.45%
of which Subprime            38.88%   37.71%   35.99%   25.77%   12.88%

Delinquency (90+ days)        17.31%   16.42%   15.77%    9.07%    3.54%
of which Prime                8.77%    8.02%    7.43%    2.70%    0.70%
of which Alt-A               15.81%   14.54%   13.46%    5.59%    1.24%
of which Subprime            28.96%   28.05%   27.28%   17.55%    7.13%