Current Table

HOME EQUITY MORTGAGE LOANS BY HOLDER, 2007-2011 (1)

($ billions, end of year)

  2007 2008 2009 2010 2011
Total $1,131.9 $1,115.1 $1,032.7 $950.2 $872.7
U.S.-chartered depository institutions (2) 872.7 894.7 841.4 783.3 723.1
Foreign banking offices in U.S. 0.0 0.8 0.3 0.3 0.3
Credit unions 94.1 98.7 94.6 88.2 82.2
Asset-backed security issuers 70.5 45.8 30.9 22.3 17.7
Finance companies 94.5 75.1 65.5 56.1 49.4

(1) Loans made under home equity lines of credit and home equity loans secured by junior liens, such as second mortgages, which are subordinate to another mortgage. Excludes home equity loans held by individuals.
(2) Includes savings banks and commercial banks.

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

 
HOME EQUITY MORTGAGE LOANS BY HOLDER, 2004-2008 (1)

($ billions, end of year)

    2004 2005 2006 2007 2008
Total $775.6 $914.8 $1,065.7 $1,129.7 $1,114.4
Commercial banking 483.5 549.0 653.6 692.3 776.1
Savings institutions 121.2 151.6 137.6 180.5 119.5
Credit unions 63.9 75.9 86.9 94.1 98.7
Asset-backed
securities issuers
23.3 40.3 80.0 68.4 45.1
Finance companies 83.7 98.0 107.6 94.5 75.1

(1) Loans made under home equity lines of credit and home equity loans secured by junior liens, such as second mortgages, which are subordinate to another mortgage. Excludes home equity loans held by individuals.      
     
Source: Board of Governors of the Federal Reserve System, June 11, 2009.

 
HOME EQUITY MORTGAGE LOANS BY HOLDER, 2005-2009 (1)

($ billions, end of year)

  2005 2006 2007 2008 2009
Total $914.8 $1,066.1 $1,130.8 $1,114.1 $1,032.1
Commercial banking 549.0 653.6 692.3 776.1 761.7
Savings institutions 151.6 137.6 180.5 119.5 80.0
Credit unions 75.9 86.9 94.1 98.7 94.6
Asset-backed securities issuers 40.4 80.4 69.4 44.8 30.3
Finance companies 98.0 107.6 94.5 75.1 65.5

(1) Loans made under home equity lines of credit and home equity loans secured by junior liens, such as second mortgages, which are subordinate to another mortgage. Excludes home equity loans held by individuals.

Source: Board of Governors of the Federal Reserve System, June 10, 2010.

 
HOME EQUITY MORTGAGE LOANS BY HOLDER, 2006-2010 (1)

($ billions, end of year)

  2006 2007 2008 2009 2010
Total $1,066.2 $1,130.9 $1,114.3 $1,032.1 $949.7
Commercial banking   653.6 692.3 776.1 761.7 709.6
Savings institutions   137.6 180.5 119.5 80.0 74.0
Credit unions   86.9 94.1 98.7 94.6 88.2
Asset-backed security issuers 80.5 69.5 45.0 30.3 21.8
Finance companies   107.6 94.5 75.1 65.5 56.1

(1) Loans made under home equity lines of credit and home equity loans secured by junior liens, such as second mortgages, which are subordinate to another mortgage. Excludes home equity loans held by individuals.

Source: Board of Governors of the Federal Reserve System, June 9, 2011.