Borrowers in coastal states with rapidly appreciating home prices provided most of the momentum for the subprime market in the early part of 2005, a new Inside B&C Lending analysis of originations by state reveals. The analysis looked at $27.5 billion in subprime MBS deals issued by Ameriquest Mortgage, Countrywide Financial, Long Beach, Option One and Lehman Brothers to pinpoint the largest markets for national lenders during the first quarter of 2005. …