Last year’s lending experience can best be summed up as a case of California dreaming for subprime lenders, who made the overwhelming majority of their loans to Golden State borrowers, a new Inside B&C Lending analysis reveals. The analysis used data reported by nonprime lenders under the Home Mortgage Disclosure Act to gauge which states saw the most activity in 2003. Overall, the review consisted of more than 2 million loans with an aggregate…