Realpoint Delinquency Report

• 90+, Foreclosure, and REO grew for the 26th straight month - up 9% mom, 420% yoy.
• PCV/ST still current...
• RP is looking for 8-9% delinquencies in 2010, with a 11-12% potential.
• $461.8mm new workouts and liquidations in February 2010 - 61 loans, average severity 47%. 17 of these ($222.2mm) had severities near or below 1%
• Worst severities in Healthcare (44%) and Industrial (50%) - Multifamily had the highest defaults though.
  

Month	Loss Severity
Feb-10	46.90%
Jan-10	48.10%
Dec-09	52.70%
Nov-09	45.70%
Oct-09	52.00%
Sep-09	40.60%
Aug-09	37.70%
Jul-09	31.30%
Jun-09	39.60%
May-09	35.20%
Apr-09	31.10%
Mar-09	50.70%
Feb-09	23.60%
Jan-09	37.10%