Key Questions:

1. How at risk is Los Angeles, California to the subprime mortgage crisis?
   1. Loans taken out by home owners in Los Angeles, California are within a +/- 10 percent band of the national average. That is to say, Los Angeles, California will likely be affected by the subprime mortgage crisis just like the average county in the US.
2. How stretched will home owners in Los Angeles, California be in paying off their mortgage?
   1. Homeowners in Los Angeles, California borrowed an average of 2.38 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, a signficantly higher risk that Los Angeles, California homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Los Angeles, California?
   1. The leading lenders, by market share, are Countrywide Home Loans, Washington Mutual Bank and Countrywide Bank, N.A.. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Los Angeles, California to actually live in them?
   1. 91.8% of home owners in Los Angeles, California that applied for a mortgage in 2006 live in their homes versus owning them as an investment property. This compares to the national average of 89.0%.