DEFINITION of 'Heatmap'
A visual representation of data using colors. A heatmap can be used with all sorts of data, from representing the number of foreclosures to the spreads of credit default swaps.
For example, a heatmap of foreclosures data could show parts of the U.S. experiencing high rates of foreclosure in a dark color and states with low foreclosure rates in lighter colors. A color-gradient legend typically accompanies a heatmap to specify the data.
INVESTOPEDIA EXPLAINS 'Heatmap'
Heatmaps became especially popular during the recession that began in 2008. Many people used heatmaps to quickly see the foreclosure rates in various states and compared them to heatmaps from previous months.
A situation in which a homeowner is unable to make principal ...
A mortgage for which the borrower has failed to make payments ...
A swap designed to transfer the credit exposure of fixed income ...
A modification to an existing loan made by a lender in response ...
A type of mathematical analysis involving the use of quantified ...
A temporary postponement of mortgage payments.