OCC and OTS Mortgage Metrics Report
January — June 2008
Overall Mortgage Portfolio
The size of the combined national bank and thrift servicing portfolio remained stable during the reporting period, ending with more than 34.7 million loans worth more than $6.1 trillion.
The portfolio composition also remained constant at about 66 percent prime, 10 percent Alt-A, 9 percent subprime, and 15 percent other.
The “other” category includes loans for which credit scores at origination of the mortgage were unavailable. Based on other observable criteria, these reflect a mix of prime, Alt-A, and subprime loans.
| Overall Mortgage Portfolio |
| |
Jan-08 |
Feb-08 |
Mar-08 |
Apr-08 |
May-08 |
Jun-08 |
Total servicing ($ millions) |
$6,031,026 |
$6,049,884 |
$6,047,044 |
$6,089,222 |
$6,115,185 |
$6,122,862 |
| Total servicing (number of loans) |
34,468,955 |
34,527,552 |
34,470,248 |
34,626,470 |
34,757,663 |
34,757,314 |
Composition
(% of all mortgage loans in the portfolio) |
| Prime |
66% |
66% |
66% |
66% |
66% |
66% |
Alt-A |
10% |
10% |
10% |
10% |
10% |
10% |
Subprime |
9% |
9% |
9% |
9% |
9% |
9% |
Other |
15% |
15% |
15% |
15% |
15% |
15% |
Composition
(Number of loans in each risk category of the portfolio) |
| Prime |
22,525,142 |
22,558,097 |
22,622,723 |
22,846,871 |
22,973,522 |
22,966,923 |
Alt-A |
3,571,191 |
3,566,546 |
3,566,162 |
3,584,426 |
3,586,987 |
3,554,587 |
Subprime |
3,111,409 |
3,101,852 |
3,095,522 |
3,103,941 |
3,097,197 |
3,057,029 |
Other |
5,261,213 |
5,301,057 |
5,185,841 |
5,082,646 |
5,092,144 |
5,178,775 |
|
