ASSET-BACKED SECURITY SOURCES, 2002-2011

($ billions, end of year)

Year Agency securities (1) Mortgages (2) Consumer loans Business loans Trade receivables Treasury securities Total 
2002 $286.5 $836.0 $630.4 $144.0 $83.5 $0.9 $1,981.3
2003 368.7 1,009.5 594.8 149.2 92.3 2.8 2,217.4
2004 357.7 1,449.7 571.5 168.1 102.6 8.0 2,657.7
2005 323.7 2,140.0 609.9 188.3 99.8 27.7 3,389.4
2006 350.1 2,767.2 636.3 253.4 108.3 61.1 4,176.3
2007 372.4 2,946.3 673.0 341.9 111.7 85.8 4,531.0
2008 346.1 2,593.9 632.9 379.8 95.5 72.2 4,120.4
2009 117.4 2,227.6 593.3 252.2 61.3 53.9 3,305.7
2010 19.0 1,901.4 63.0 201.0 51.8 40.1 2,276.4
2011 11.5 1,679.2 55.0 195.2 47.6 29.2 2,017.7

(1) Securities of federal mortgage pools backing privately issued collateralized mortgage obligations (CMOs). In CMOs, mortgage principal and interest payments are separated into different payment streams to create bonds that repay capital over differing periods of time.
(2) Mortgages backing privately issued pool securities and CMOs.

Source: Board of Governors of the Federal Reserve System, June 7, 2012.