Chart 50
Bank Exposure to Mortgages and Home Equity Is Now at Peak Levels
Year |
Total Loans and Leases (dollars in thousands) |
Home Equity and Mortgages as a Percentage of Total Loans and Leases |
1998 |
"2,066,638,766" |
24.9 |
1999 |
"2,508,980,136" |
24.1 |
2000 |
"2,747,536,971" |
25.0 |
2001 |
"2,829,768,864" |
25.9 |
2002 |
"3,043,181,360" |
30.3 |
2003 |
"3,361,448,677" |
34.1 |
2004 |
"4,250,492,044" |
32.0 |
3Q 2005 |
"3,784,642,939" |
36.7 |
Sources: SNL DataSource and CIBC World Markets. |