Skip Site Summary NavigationFDIC Home - Federal Deposit Insurance Corporation Stars graphic

Advanced Search
HomeDeposit InsuranceConsumer ProtectionIndustry AnalysisRegulation and ExaminationsAsset SalesNews and EventsAbout FDIC
Quarterly Banking Profile
Table VII-A Servicing, Securitization and Asset Sales Activities, All FDIC-Insured Commercial Banks and State Chartered Savings Banks
(dollar figures in millions) 4th Quarter
2008 		3rd Quarter
2008 		2nd Quarter
2008 		1st Quarter
2008 		4th Quarter
2007 		% Change
07Q4-08Q4 		Asset Size Distribution
Less
Than $100
Million 		$100 Million
To
$1 Billion 		$1 Billion
To
$10 Billion 		Greater
Than $10
Billion
Assets Sold and Securitized with Servicing Retained or with Recourse or Other Seller-Provided Credit Enhancements
Number of institutions reporting securitization activities 131 128 130 132 126 4.0 15 55 21 40
Outstanding Principal Balance by Asset Type
1-4 family residential loans $1,256,021 $1,217,682 $1,087,215 $1,068,631 $1,056,344 18.9 $89 $308 $1,763 $1,253,861
Home equity loans 6,692 6,880 7,822 8,341 9,353 -28.5 0 0 50 6,642
Credit card receivables 398,261 417,832 409,883 402,171 390,035 2.1 0 3,466 12,133 382,663
Auto loans 12,040 13,842 6,224 7,495 8,285 45.3 0 0 110 11,930
Other consumer loans 27,427 28,090 28,870 27,787 28,542 -3.9 0 0 0 27,427
Commercial and industrial loans 9,705 11,080 12,491 12,555 14,469 -32.9 0 4 4,539 5,162
All other loans, leases, and other assets* 200,737 211,398 194,756 194,061 190,974 5.1 42 45 163 200,487
Total securitized and sold 1,910,884 1,906,803 1,747,262 1,721,042 1,698,002 12.5 131 3,822 18,759 1,888,172
Maximum Credit Exposure by Asset Type
1-4 family residential loans 6,898 7,514 7,121 7,019 6,912 -0.2 3 65 0 6,830
Home equity loans 1,247 1,347 1,527 1,752 2,000 -37.7 0 0 0 1,247
Credit card receivables 23,228 24,039 23,129 21,412 19,629 18.3 0 430 1,401 21,397
Auto loans 707 447 352 405 380 86.1 0 0 9 698
Other consumer loans 1,537 1,428 1,417 1,406 1,379 11.5 0 0 0 1,537
Commercial and industrial loans 137 170 311 276 603 -77.3 1 27 38 71
All other loans, leases, and other assets 725 954 1,128 2,297 2,847 -74.5 13 253 9 451
Total credit exposure 34,479 35,900 34,984 34,568 33,749 2.2 17 775 1,457 32,230
Total unused liquidity commitments provided to institution's own securitizations 830 1,273 1,902 2,944 4,686 -82.3 0 0 0 830
Securitized Loans, Leases, and Other Assets 30-89 Days Past Due (%)
1-4 family residential loans 4.4 3.8 2.8 2.5 2.8   1.2 0.0 1.8 4.4
Home equity loans 1.4 1.3 0.6 0.7 0.8   0.0 0.0 8.1 1.4
Credit card receivables 2.9 2.5 2.1 2.2 2.2   0.0 1.7 1.9 3.0
Auto loans 2.5 2.1 2.2 1.9 2.4   0.0 0.0 1.0 2.5
Other consumer loans 3.9 3.2 2.7 2.5 3.1   0.0 0.0 0.0 3.9
Commercial and industrial loans 2.6 1.6 1.3 1.2 1.0   0.0 2.5 5.2 0.2
All other loans, leases, and other assets 0.6 0.2 0.3 0.1 0.1   0.0 0.0 0.0 0.6
Total loans, leases, and other assets 3.7 3.0 2.3 2.2 2.4   0.8 1.6 2.7 3.7
Securitized Loans, Leases, and Other Assets 90 Days or More Past Due (%)
1-4 family residential loans 4.5 3.2 1.9 1.9 1.6   1.6 0.0 0.8 4.5
Home equity loans 1.2 0.7 0.7 0.7 0.5   0.0 0.0 4.2 1.2
Credit card receivables 2.5 2.1 2.1 2.1 1.9   0.0 1.4 1.6 2.6
Auto loans 0.3 0.2 0.3 0.3 0.4   0.0 0.0 0.3 0.3
Other consumer loans 3.7 2.9 2.4 2.3 2.4   0.0 0.0 0.0 3.7
Commercial and industrial loans 2.1 1.5 1.3 1.1 0.9   0.0 0.0 4.2 0.3
All other loans, leases, and other assets 0.4 0.2 0.2 0.2 0.1   0.0 0.0 0.0 0.4
Total loans, leases, and other assets 3.6 2.6 1.8 1.8 1.5   1.1 1.2 2.2 3.6
Securitized Loans, Leases, and Other Assets Charged-Off (net, YTD, annualized, %)
1-4 family residential loans 0.3 0.3 0.1 0.0 0.1   0.0 0.0 0.2 0.3
Home equity loans 0.1 0.4 0.2 0.1 0.2   0.0 0.0 6.3 0.1
Credit card receivables 6.4 4.4 2.8 1.4 4.4   0.0 4.0 4.1 6.5
Auto loans 0.8 1.3 0.9 0.4 1.3   0.0 0.0 0.6 0.8
Other consumer loans 0.8 0.6 0.4 0.2 1.3   0.0 0.0 0.0 0.8
Commercial and industrial loans 5.9 3.6 1.9 0.8 2.0   0.0 0.0 12.1 0.4
All other loans, leases, and other assets 0.0 0.0 0.0 0.0 0.0   0.0 0.0 0.0 0.0
Total loans, leases, and other assets 1.6 1.2 0.7 0.4 1.1   0.0 3.6 5.6 1.5
Seller's Interests in Institution's Own Securitizations - Carried as Loans
Home equity loans 124 166 435 282 347 -64.3 0 0 0 124
Credit card receivables 113,017 98,826 82,604 73,418 86,748 30.3 0 258 4,457 108,302
Commercial and industrial loans 436 636 3,506 3,263 7,671 -94.3 0 0 386 50
Seller's Interests in Institution's Own Securitizations - Carried as Securities
Home equity loans 5 6 7 9 9 -44.4 0 0 0 5
Credit card receivables 584 623 403 377 436 33.9 0 8 576 0
Commercial and industrial loans 16 15 1 1 2 700.0 0 0 0 16
Assets Sold with Recourse and Not Securitized
Number of institutions reporting asset sales 790 786 776 760 760 3.9 156 478 109 47
Outstanding Principal Balance by Asset Type
1-4 family residential loans 66,417 68,709 65,959 60,386 57,612 15.3 1,060 8,374 3,423 53,560
Home equity, credit card receivables, auto, and other consumer loans 1,477 1,611 1,786 1,886 637 131.9 0 30 67 1,379
Commercial and industrial loans 6,698 7,314 4,794 4,579 4,728 41.7 0 69 0 6,629
All other loans, leases, and other assets 42,613 41,501 33,191 29,134 26,983 57.9 1 71 431 42,110
Total sold and not securitized 117,205 119,135 105,730 95,985 89,960 30.3 1,062 8,544 3,921 103,678
Maximum Credit Exposure by Asset Type
1-4 family residential loans 15,433 15,735 14,678 14,070 14,780 4.4 104 1,391 1,830 12,109
Home equity, credit card receivables, auto, and other consumer loans 189 203 240 165 604 -68.7 0 12 64 113
Commercial and industrial loans 5,617 6,180 3,614 3,335 3,393 65.5 0 50 0 5,567
All other loans, leases, and other assets 9,290 11,517 8,541 8,112 7,854 18.3 1 13 72 9,203
Total credit exposure 30,529 33,634 27,072 25,682 26,631 14.6 105 1,466 1,966 26,992
Support for Securitization Facilities Sponsored by Other Institutions
Number of institutions reporting securitization facilities sponsored by others 53 50 48 49 49 8.2 21 22 5 5
Total credit exposure 3,328 18,464 12,668 6,825 2,843 17.1 9 68 55 3,197
Total unused liquidity commitments 1,416 3,531 5,492 6,778 10,314 -86.3 0 0 0 1,416
Other
Assets serviced for others** 5,615,245 5,528,963 3,921,915 3,813,285 3,798,682 47.8 3,916 66,526 81,838 5,462,966
Asset-backed commercial paper conduits
Credit exposure to conduits sponsored by institutions and others 23,064 20,830 21,083 22,332 22,226 3.8 2 0 399 22,663
Unused liquidity commitments to conduits sponsored by institutions and others 297,908 311,683 339,007 354,525 380,709 -21.7 0 27 0 297,881
Net servicing income (for the quarter) -339 4,110 7,280 3,532 2,718 -112.5 3 129 41 -512
Net securitization income (for the quarter) 2,391 3,119 4,205 5,541 5,008 -52.3 0 56 214 2,121
Total credit exposure to Tier 1 capital (%)*** 6.8 9.0 7.4 6.6 6.4   0.60 1.80 2.60 8.70

*Line item titled "All other loans and all leases" for quarters prior to March 31, 2006.

**The amount of financial assets serviced for others, other than closed-end 1-4 family residential mortgages, is reported when these assets are greater than $10 million.

***Total credit exposure includes the sum of the three line items titled "Total credit exposure" reported above.

Last Updated 03/20/2009 Questions, Suggestions & Requests

Home    Contact Us    Search    Help    SiteMap    Forms
Freedom of Information Act (FOIA) Service Center    Website Policies    USA.gov
FDIC Office of Inspector General