Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: June 30, 2008
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G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                              April 2008                                                      June 2008

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
Seasonally adjusted
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                                                                                     2007                            2008
                                                                        _______________________________ _______________________________

                                 2003    2004    2005    2006    2007     Q1      Q2      Q3      Q4     Q1 r    Feb r   Mar r   Apr p
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Percent change at annual rate 3
     Total                         8.5    10.5     6.4     6.0     1.7     2.9    -1.3     8.0    -2.5     3.4     9.6    -0.3    -9.9
       Consumer                   14.8     8.5     5.1     5.7     8.2     9.2     8.6    10.8     3.4     1.7     6.6     3.7    -0.3
       Real estate                 9.3    25.2    12.8     8.8    -7.3    -1.7   -19.8     2.2   -10.4     2.2     9.6     4.9   -23.0
       Business                    0.9     2.2     2.5     3.7     2.1    -1.1     3.7     9.6    -3.6     7.0    14.0   -11.1   -11.8

Amount: billions of dollars
     Total                      1611.0  1780.7  1895.3  2009.3  2044.5  2023.9  2017.2  2057.5  2044.5  2061.8  2062.3  2061.8  2044.7
       Consumer                  679.6   737.1   774.6   818.4   885.9   837.3   855.3   878.5   885.9   889.7   887.0   889.7   889.5
       Real estate               397.6   497.8   561.5   610.9   566.1   608.3   578.1   581.2   566.1   569.3   567.0   569.3   558.3
       Business                  533.8   545.8   559.1   580.0   592.4   578.3   583.8   597.8   592.4   602.7   608.3   602.7   596.8
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AUTO LOANS: TERMS OF CREDIT 4
Percent except as noted: not seasonally adjusted
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  New car loans
     Interest rates               3.81    4.92    6.02    4.99    4.87    4.99    5.08    4.85    4.55    4.85    5.37    4.19    4.54
     Maturity (months)            61.3    60.7    60.0    63.0    62.0    61.3    61.7    62.1    62.9    62.6    63.2    62.3    63.1
     Loan-to-value ratio            95      89      88      94      95      94      96      95      95      94      95      94      94
     Amount financed (dollars)  26,295  24,888  24,133  26,620  28,287  27,586  27,702  28,349  29,512  28,174  28,118  28,173  27,397

  Used car loans
     Interest rates               9.86    8.81    8.81    9.61    9.24    9.38    9.08    8.86    9.64    8.95    8.91    8.88    8.34
     Maturity (months)            58.0    57.9    58.6    59.4    60.7    60.2    61.2    60.8    60.4    60.0    60.3    60.8    60.6
     Loan-to-value ratio           100      99      98      99     100     100     102     101      98      96      96      96      96
     Amount financed (dollars)  14,613  15,136  16,228  16,671  17,095  16,974  17,016  17,152  17,239  17,182  17,127  17,200  17,458

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  1.  Includes finance company subsidiaries of bank holding companies but not of retailers and banks.
  2.  Owned receivables are those carried on the balance sheet of the institution.  Managed receivables are outstanding balances of
  pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator.
  Data are shown before deductions for unearned income and losses.  Components may not add to totals because of rounding.
  3.  The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect
  of such breaks.
  4.  Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all
  loans of each type purchased during the month.





OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
(Billions of dollars)
Not seasonally adjusted
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                                                                                           2007                            2008
                                                                              _______________________________ _______________________________

                                       2003    2004    2005    2006    2007     Q1      Q2      Q3      Q4     Q1 r    Feb r   Mar r   Apr p
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  Total                               1624.1  1795.4  1910.9  2026.2  2061.8  2015.7  2022.4  2052.0  2061.8  2054.0  2058.3  2054.0  2040.3

    Consumer                           686.1   743.9   781.4   825.4   893.5   830.8   849.1   883.3   893.5   882.9   882.7   882.9   883.0
      Motor vehicle loans              250.1   298.3   278.0   259.8   262.9   254.2   254.0   261.9   262.9   255.7   253.6   255.7   257.0
      Motor vehicle leases              79.0    74.1    85.3   106.0   122.9   110.7   116.3   120.5   122.9   124.9   124.3   124.9   125.5
      Revolving 5                       45.3    50.4    66.3    79.9    86.0    72.9    75.1    78.3    86.0    82.1    83.4    82.1    82.1
      Other 6                           97.7   143.7   172.3   194.7   234.9   205.3   214.2   228.5   234.9   244.7   241.6   244.7   244.8
      Securitized assets 7
        Motor vehicle loans            123.7    98.2   112.6   112.8   113.3   112.1   113.4   118.9   113.3   103.5   107.4   103.5   101.6
        Motor vehicle leases             5.5     4.8     4.2     3.6     3.1     3.5     3.4     3.2     3.1     3.0     3.0     3.0     3.0
        Revolving                       33.8    23.1    14.9    15.9    25.6    20.9    24.3    25.9    25.6    25.4    25.4    25.4    25.4
        Other                           51.0    51.3    47.8    52.8    44.7    51.3    48.3    46.1    44.7    43.6    44.0    43.6    43.5

    Real estate                        400.6   501.3   565.0   614.8   569.8   599.7   583.4   579.3   569.8   561.2   566.0   561.2   554.2
      One-to-four family               320.2   422.0   489.8   538.1   474.2   527.4   510.0   503.2   474.2   457.9   465.2   457.9   451.9
      Other                             50.0    54.0    51.6    56.2    59.1    52.5    53.2    57.2    59.1    67.8    64.9    67.8    67.0
      Securitized assets 7
        One-to-four family              26.7    21.8    18.9    16.8    34.9    15.7    15.4    15.2    34.9    34.7    34.8    34.7    34.6
        Other                            3.8     3.5     4.8     3.7     1.6     4.1     4.8     3.8     1.6     0.8     1.1     0.8     0.8

    Business                           537.4   550.2   564.5   586.0   598.6   585.2   589.9   589.4   598.6   609.9   609.7   609.9   603.1
      Motor vehicles                    69.6    84.8   105.5   105.1   105.7   106.3   108.3   104.2   105.7   107.8   107.9   107.8   109.2
        Retail loans                    15.7    15.1    15.2    17.1    16.4    17.8    18.1    18.0    16.4    15.3    15.6    15.3    15.2
        Wholesale loans 8               39.3    44.9    61.2    55.7    56.9    56.3    56.9    53.2    56.9    60.7    59.9    60.7    62.1
        Leases                          14.6    24.8    29.0    32.3    32.4    32.2    33.3    33.0    32.4    31.9    32.4    31.9    31.8
      Equipment                        284.3   273.4   281.9   299.5   319.4   304.9   309.5   310.9   319.4   324.8   326.9   324.8   319.7
        Loans                           88.0    87.8    93.6   102.4   106.1   106.7   106.7   106.4   106.1   113.5   112.8   113.5   112.5
        Leases                         196.3   185.6   188.3   197.1   213.3   198.2   202.8   204.5   213.3   211.3   214.1   211.3   207.2
      Other business receivables 9      87.8    93.3    91.8    93.5    94.4    94.2    91.5    92.9    94.4   100.8    97.2   100.8   100.4
      Securitized assets 7
        Motor vehicles                  48.4    44.8    28.8    38.0    33.6    37.0    40.3    40.3    33.6    31.5    32.5    31.5    28.7
          Retail loans                   2.2     2.2     2.7     3.0     2.6     2.9     2.9     2.8     2.6     2.6     2.6     2.6     2.6
          Wholesale loans               44.2    40.6    26.0    34.9    30.9    34.0    37.3    37.5    30.9    28.9    29.8    28.9    26.0
          Leases                         2.1     2.0     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1
        Equipment                       22.1    23.6    24.4    15.4    13.1    14.5    12.1    13.1    13.1    13.3    13.2    13.3    13.6
          Loans                         12.5    11.5    11.6     9.9     9.2     9.4     8.8     9.4     9.2     9.2     9.2     9.2     9.5
          Leases                         9.6    12.1    12.8     5.5     3.9     5.1     3.3     3.7     3.9     4.1     4.0     4.1     4.0
        Other business receivables 9    25.1    30.2    32.2    34.6    32.4    28.3    28.2    28.1    32.4    31.7    32.0    31.7    31.6
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    5.  Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
    6.  Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as
   appliances, apparel, boats, and recreation vehicles.
    7.  Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
   the loan originator.
    8.  Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
    9.  Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used
   primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.
    r=revised.  p=preliminary.
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