Kansas City Sub-Prime Report (March 2008)
The Federal Reserve Bank of Kansas City published a report in March on sub-prime lending in the Kansas City metropolitan area. Key findings were that Kansas City area foreclosure rates were below average foreclosure compared to the 100 largest metropolitan areas and that sub-prime Kansas City borrowers higher payment delinquencies than the national average and lower average credit scores but more likely to provide full loan documentation. Get report (3 pages)