Describe how nonperforming loans moved just before, during, and just after the 2007dash-2009 recession. Nonperforming loans just before the 2007dash-2009 recession began. Nonperforming loans decreased significantly increased significantly remained unchanged during the 2007dash-2009 recession. Nonperforming loans conitnued to increase decreased shortly returned to their pre-recession levels after the 2007dash-2009 recession ended