The Federal Reserve Board eagle logo links to home page

Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act

Table for figure of Gross Issuance of Alt-A and
Subprime-Mortgage-Backed Securities, 2002-07
Billions of dollars, annual rate
Period Alt-A Subprime
2002 4.4552 10.2234
2003 6.1793 16.2465
2004 13.2155 30.2125
2005 27.6936 38.753
2006:H1 30.0486 40.1366
2006:H2 30.8974 34.63
2007:Q1 32.9257 29.4718
2007:Q2 32.9767 27.0267

Note: Alt-A includes such products as mortgages with limited income verification and mortgages secured by non-owner-occupied properties.

Source: Inside MBS & ABS.

Return to text