Fed Chairman Bernanke included this chart in his submission to Congress today. It showed an improvement in the credit quality of mortgage borrowers (90th to 10th percentile).  That means 10% were below the bottom of the indicated range.  Could that still be enough to be a future problem?  Too bad, he did not provide the extremes, or the 95th and 5th percentiles — something to give a bit more comfort.

This entry was posted on Thursday, March 29th, 2012 at 5:07 PM and is filed under Interesting Charts. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.