Alt-A And Sub-prime Interactive Map

The New York Federal Reserve Bank has put together a pretty entertaining interactive map showing how bad things are in the alt-A and sub-prime mortgage space (hat tip The Big Picture).

That's the wonderful state of Texas up there. The NY Fed also published, in spreadsheet form, their supporting data. If you don't want to spend lots of time navigating the map to figure it out, California and Florida are in a world of hurt. I wouldn't be lending there right now.