Subprime loans as a percentage of all mortgages, and the percentage of subprime loans that are more than 60 days late.	Dec-06 Subprime % Market	Dec-06 Subprime %60+late	Dec-05 Subprime % Market	Dec-05 Subprime %60+late	Dec-04 Subprime % Market	Dec-04 Subprime %60+late
NATIONAL AVERAGE	14.7%	11.8%	14.6%	7.7%	13.1%	6.7%
Merced	21.6%	12.2%	21.8%	2.4%	25.7%	2.5%
Stockton-Lodi	19.8%	12.7%	19.0%	3.5%	23.5%	3.4%
Modesto	18.2%	13.2%	18.2%	3.4%	21.6%	2.9%
Riverside-San Bernardino	19.9%	11.2%	19.1%	3.6%	21.9%	2.3%
Yuba City	18.0%	11.4%	17.5%	2.6%	19.0%	1.7%
Bakersfield	20.2%	9.2%	19.0%	2.2%	18.9%	1.7%
Sacramento	12.7%	14.1%	12.1%	3.4%	14.9%	2.5%
Vallejo-Fairfield-Napa	14.4%	12.1%	14.3%	3.4%	17.2%	3.0%
Fresno	16.6%	8.8%	16.4%	2.9%	18.3%	2.4%
Visalia-Tulare-Porterville	17.5%	7.7%	16.4%	2.3%	16.5%	2.6%
Oakland	10.6%	12.4%	10.5%	3.6%	13.2%	3.4%
Salinas	12.2%	9.5%	12.6%	2.3%	15.2%	2.1%
San Diego	9.6%	11.3%	9.5%	3.4%	12.3%	1.7%
Los Angeles-Long Beach	12.4%	8.7%	12.5%	3.1%	16.0%	2.3%
Redding	11.2%	9.0%	11.9%	2.8%	13.3%	2.9%
Yolo	9.6%	10.4%	8.9%	2.9%	10.9%	2.3%
Chico-Paradise	8.9%	8.8%	10.0%	4.1%	11.5%	3.0%
Santa Rosa	7.9%	9.7%	7.8%	2.5%	10.0%	2.5%
Ventura	8.1%	9.4%	8.4%	3.2%	11.6%	2.0%
Santa Barbara-Santa Maria-Lompoc	7.0%	10.8%	7.1%	3.2%	9.1%	2.0%
Orange County	8.1%	8.5%	8.0%	2.7%	10.2%	2.0%
San Jose	6.8%	8.5%	7.2%	3.2%	10.1%	3.7%
Santa Cruz-Watsonville	6.2%	8.4%	6.7%	2.3%	8.9%	3.1%
San Luis Obispo-Atascadero-Paso Robles	4.7%	10.1%	4.9%	3.3%	6.3%	2.4%
San Francisco	5.0%	8.4%	5.2%	3.1%	6.9%	2.8%

Source: First American LoanPerformance