ARM Holdings Have Fallen Sharply at Mortgage Lenders, Contributing to a Lengthening of Loan Portfolios

Year 91 92 93 94 95 96 97 98 99 00 01
Median: Adjustable Rate Mortgages / Total First-Lien Mortgages 61 56.59 56.94 58.28 60.09 54.23 49.57 35.09 34.71 35.79 26.93
Median: Loans maturing or repricing after 5 years / Total Loans for Mortgage Specialists 6.08 6.11 6.18 5.91 5.75 6.09 7.16 8.73 9.38 8.55 8.76
Median: Loans maturing or repricing after 5 years / Total Loans for Non-Mortgage Specialists 22.48 23.88 26.28 26 28.11 31.59 37.14 45 48.15 47.95 48.73

Note: Residential mortgage specialists are defined as institutions with residential loans greater than 50 percent of earning assets. Approximately 10 percent of insured institutions meet this definition, 85 percent of which are savings banks.
Source: Bank Call Reports