Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: September 28, 2009
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G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                               July 2009                                                 September 2009

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2,3
Seasonally adjusted
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                                                                                 2008                            2009
                                                                        _______________________ _______________________________________

                                2004 r  2005 r  2006 r  2007 r  2008 r   Q2 r    Q3 r    Q4 r    Q1 r    Q2 r    May r   Jun r   Jul p
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Percent change at annual rate 4
     Total                        10.5     6.5     6.1     2.0    -6.4    -4.5    -7.4   -16.6   -15.7   -12.9   -11.4   -12.0    -6.5
       Consumer                    8.5     5.1     5.6     8.0    -5.7    -2.3    -6.0   -15.2   -19.0   -15.9   -14.4   -18.6   -13.7
       Real estate                25.1    12.9     9.0    -6.7   -15.4   -22.7   -20.5   -18.9    -5.6    -7.4   -11.2     6.0   -18.4
       Business                    2.3     2.6     3.7     2.9     1.1     8.9     1.8   -16.8   -19.2   -13.4    -7.3   -17.7    13.3

Amount: billions of dollars
     Total                      1782.6  1898.5  2013.4  2054.4  1922.2  2043.4  2005.6  1922.2  1846.8  1787.1  1805.1  1787.1  1777.4
       Consumer                  737.7   775.4   819.1   884.3   833.6   879.8   866.6   833.6   794.0   762.4   774.4   762.4   753.7
       Real estate               498.0   562.0   612.6   571.3   483.3   534.7   507.3   483.3   476.6   467.8   465.5   467.8   460.6
       Business                  546.9   561.0   581.7   598.8   605.2   628.9   631.7   605.2   576.2   556.9   565.3   556.9   563.1
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AUTO LOANS: TERMS OF CREDIT 5
Percent except as noted: not seasonally adjusted
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  New car loans
     Interest rates               4.92    6.02    4.99    4.87    5.52    5.28    4.87    7.09    4.71    3.45    3.47    3.88    3.43
     Maturity (months)            60.7    60.0    63.0    62.0    63.4    63.5    65.4    62.3    59.3    62.1    62.9    62.7    62.7
     Loan-to-value ratio            89      88      94      95      91      93      89      86      87      92      93      91      92
     Amount financed (dollars)  24,888  24,133  26,620  28,287  26,178  25,493  26,643  24,400  25,518  28,577  29,133  28,215  28,866

  Used car loans
     Interest rates               8.81    8.81    9.61    9.24    8.74    8.31    8.44    9.26    9.73    9.71    9.73    9.69    9.66
     Maturity (months)            57.9    58.6    59.4    60.7    59.8    60.4    59.8    58.8    57.7    58.1    58.2    58.0    58.3
     Loan-to-value ratio            99      98      99     100      98      96      97     101     103     101     101     101     102
     Amount financed (dollars)  15,136  16,228  16,671  17,095  16,664  16,853  16,474  16,196  15,104  15,780  15,938  15,781  15,987

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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.  Seasonally adjusted series have been revised from January 1998 forward as a result of new seasonal factors.
  4.  The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect
  of such breaks.
  5.  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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                                                                                        2008                            2009
                                                                               _______________________ _______________________________________

                                        2004    2005    2006    2007    2008     Q2      Q3      Q4      Q1     Q2 r    May r   Jun r   Jul p
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  Total                                1795.4  1910.9  2025.4  2065.6  1932.4  2038.6  2005.1  1932.4  1842.5  1783.0  1809.2  1783.0  1769.7

    Consumer                            743.9   781.4   825.4   891.1   840.2   874.5   873.9   840.2   787.8   757.8   769.0   757.8   752.3
      Motor vehicle loans               298.3   278.0   259.8   261.5   247.7   250.2   258.5   247.7   231.3   220.2   224.7   220.2   216.1
      Motor vehicle leases               74.1    85.3   106.0   122.9   111.1   121.9   118.5   111.1   101.8    94.0    97.5    94.0    92.6
      Revolving 6                        50.4    66.3    79.9    86.0    74.4    84.0    83.3    74.4    52.0    50.0    50.6    50.0    49.6
      Other 7                           143.7   172.3   194.7   236.5   253.7   247.6   254.4   253.7   263.6   256.4   257.3   256.4   255.7
      Securitized assets 8
        Motor vehicle loans              98.2   112.6   112.8   110.7    85.1   101.0    90.7    85.1    74.4    73.6    75.0    73.6    74.8
        Motor vehicle leases              4.8     4.2     3.6     3.1     2.7     2.9     2.8     2.7     2.6     2.5     2.5     2.5     2.5
        Revolving                        23.1    14.9    15.9    25.6    25.5    24.5    24.7    25.5    22.9    23.0    23.0    23.0    23.0
        Other                            51.3    47.8    52.8    44.7    40.0    42.4    41.0    40.0    39.3    38.1    38.5    38.1    38.0

    Real estate                         501.3   565.0   614.8   572.4   483.9   528.4   505.0   483.9   475.8   462.3   468.4   462.3   458.8
      One-to-four family                422.0   489.8   538.1   472.7   375.4   420.5   395.2   375.4   368.4   356.1   361.4   356.1   352.6
      Other                              54.0    51.6    56.2    59.1    72.5    71.1    73.4    72.5    71.8    70.8    71.6    70.8    70.9
      Securitized assets 8
        One-to-four family               21.8    18.9    16.8    34.9    31.0    31.4    31.2    31.0    30.8    30.6    30.7    30.6    30.6
        Other                             3.5     4.8     3.7     5.6     5.0     5.4     5.2     5.0     4.8     4.8     4.8     4.8     4.7

    Business                            550.2   564.5   585.2   602.2   608.3   635.7   626.2   608.3   578.9   563.0   571.7   563.0   558.6
      Motor vehicles                     84.8   105.5   105.1   105.7    95.1   112.8    97.3    95.1    80.0    72.4    75.8    72.4    70.5
        Retail loans                     15.1    15.2    17.1    16.4    12.8    14.7    14.1    12.8    11.6    11.1    11.3    11.1    10.9
        Wholesale loans 9                44.9    61.2    55.7    56.9    51.3    64.5    52.4    51.3    48.6    42.2    45.2    42.2    40.6
        Leases                           24.8    29.0    32.3    32.4    31.0    33.6    30.8    31.0    19.8    19.1    19.4    19.1    19.0
      Equipment                         273.4   281.9   299.5   328.2   347.0   347.2   356.5   347.0   338.5   322.5   328.1   322.5   321.3
        Loans                            87.8    93.6   102.4   111.4   115.9   113.5   119.0   115.9   120.1   109.2   113.6   109.2   107.6
        Leases                          185.6   188.3   197.1   216.9   231.1   233.7   237.5   231.1   218.5   213.2   214.5   213.2   213.7
      Other business receivables 10      93.3    91.8    93.5    89.0    97.8   103.9   103.2    97.8    98.1    98.1    97.9    98.1    98.7
      Securitized assets 8
        Motor vehicles                   44.8    28.8    38.0    33.6    27.4    23.6    26.1    27.4    24.7    17.9    22.6    17.9    16.4
          Retail loans                    2.2     2.7     3.0     2.6     2.4     2.5     2.4     2.4     3.5     3.3     3.4     3.3     3.3
          Wholesale loans                40.6    26.0    34.9    30.9    25.0    21.1    23.7    25.0    21.2    14.5    19.2    14.5    13.0
          Leases                          2.0     0.1     0.1     0.1     0.0     0.1     0.0     0.0     0.0     0.0     0.0     0.0     0.0
        Equipment                        23.6    24.4    15.4    13.3    10.7    13.7    11.6    10.7     7.4     6.6     6.9     6.6     6.5
          Loans                          11.5    11.6     9.9     9.4     7.1     9.5     7.6     7.1     3.8     3.2     3.4     3.2     3.1
          Leases                         12.1    12.8     5.5     3.9     3.6     4.2     3.9     3.6     3.7     3.4     3.5     3.4     3.4
        Other business receivables 10    30.2    32.2    33.8    32.4    30.3    34.5    31.4    30.3    30.1    45.5    40.3    45.5    45.3
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    6.  Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
    7.  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.
    8.  Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
   the loan originator.
    9.  Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
    10.  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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