Thursday, November 15, 2007

Downey Financial Non-Performing Assets

by Bill McBride on 11/15/2007 06:29:00 PM

From the Downey Financial 8-K released today. (hat tip Greg and others)

Downey Financial Non-Performing Assets Click on graph for larger image.

This would be a nice looking chart, except those are the percent non-performing assets by month.

Yes, by month!



Note: So much news today ... Starbucks, J.C. Penny, Alltel Banks Cut Loan Sale Size a Second Time and much more. Clearly the economy is slowing sharply.