OCC and OTS Mortgage Metrics Report
Third Quarter 2008
Overall Mortgage Portfolio
The size of the combined national bank and thrift servicing portfolio declined slightly during the third quarter, ending the period with more than 34.6 million loans worth more than $6.1 trillion.
The portfolio composition remained stable at about 67 percent prime, 10 percent Alt-A, 9 percent subprime, and 14 percent "other."
| Overall Mortgage Portfolio |
| |
First Quarter |
Second Quarter |
Third Quarter |
Total servicing
($ millions) |
$6,078,099 |
$6,123,456 |
$6,116,999 |
Total servicing
(number of loans) |
34,606,619 |
34,749,256 |
34,643,526 |
| Composition (% of all mortgage loans in the portfolio) * |
| Prime |
66% |
66% |
67% |
| Alt-A |
10% |
10% |
10% |
| Subprime |
9% |
9% |
9% |
| Other |
15% |
14% |
14% |
| Composition (Number of loans in each risk category of the portfolio) |
| Prime |
22,703,076 |
23,097,253 |
23,061,958 |
| Alt-A |
3,575,564 |
3,598,364 |
3,579,146 |
| Subprime |
3,109,711 |
3,098,038 |
3,067,637 |
| Other |
5,218,268 |
4,955,601 |
4,934,785 |
*Totals may not add to 100 percent due to rounding.
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