Chart 3

The title is "Personal Bankruptcies and FHA Foreclosures Remain Near Record Highs in Alabama."

A combined line and bar chart showing the ratio of foreclosures to total loans and the number of personal bankruptcies. In first quarter 2000, the total foreclosure ratio was 0.82%; the ratio of FHA foreclosures was 1.37%; and there were 7,923 personal bankruptcies. In first quarter 2001, the total foreclosure ratio was 0.85%; the ratio of FHA foreclosures was 1.45%; and there were 9,695 personal bankruptcies. In first quarter 2002, the total foreclosure ratio was 1.08%; the ratio of FHA foreclosures was 1.94%; and there were 9,964 personal bankruptcies. In first quarter 2003, the total foreclosure ratio was 1.34%; the ratio of FHA foreclosures was 2.7%; and there were 10,696 personal bankruptcies. In second quarter 2003, the total foreclosure ratio was 1.2%; the ratio of FHA foreclosures was 2.39%; and there were 10,564 personal bankruptcies.