Troubled jumbo home loans in 370 metro areas

— -- The chart below shows so-called non-conforming jumbo loans of less than $1 million in the metro areas listed. You can search by state using the Ctrl+F function and the two-letter state abbreviation.

A non-conforming loan is a loan that exceeds the loan limits for purchase by government-sponsored mortgage companies Fannie Mae or Freddie Mac. Fannie and Freddie buy mortgages from lenders and package them as securities for sale to investors. The process makes sure the lenders have cash to make more loans.