Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: April 8, 2010
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G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                             February 2010                                                   April 2010

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2,3
Seasonally adjusted
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                                                                         2008                    2009                        2010
                                                                        _______ _______________________________________ _______________

                                 2005    2006    2007    2008   2009 r    Q4      Q1      Q2      Q3      Q4r    Dec r   Jan r   Feb p
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Percent change at annual rate 4
     Total                         6.5     6.1     2.0    -6.4   -15.6   -16.6   -15.7   -16.3   -12.2   -22.3   -23.3     0.1    -9.7
       Consumer                    5.1     5.6     8.0    -5.7   -16.3   -15.2   -19.0   -15.9   -11.1   -23.6   -15.9    -2.0    -8.0
       Real estate                12.9     9.0    -6.7   -15.4   -10.7   -18.9    -5.6    -7.4   -13.0   -18.7   -27.7     0.3   -17.3
       Business                    2.6     3.7     2.9     1.1   -18.5   -16.8   -19.2   -24.0   -13.2   -23.4   -29.8     2.9    -5.3

Amount: billions of dollars
     Total                      1898.5  2013.4  2054.4  1922.2  1622.1  1922.2  1846.8  1771.8  1717.6  1622.1  1622.1  1622.2  1609.2
       Consumer                  775.4   819.1   884.3   833.6   697.5   833.6   794.0   762.4   741.3   697.5   697.5   696.4   691.7
       Real estate               562.0   612.6   571.3   483.3   431.4   483.3   476.6   467.8   452.6   431.4   431.4   431.6   425.3
       Business                  561.0   581.7   598.8   605.2   493.1   605.2   576.2   541.6   523.8   493.1   493.1   494.3   492.1
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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               6.02    4.99    4.87    5.52    3.82    7.09    4.71    3.45    3.66    3.47    3.26    3.94    4.72
     Maturity (months)            60.0    63.0    62.0    63.4    62.0    62.3    59.3    62.1    62.7    63.9    64.0    63.5    62.5
     Loan-to-value ratio            88      94      95      91      90      86      87      92      90      92      92      90      89
     Amount financed (dollars)  24,133  26,620  28,287  26,178  28,272  24,400  25,518  28,577  27,884  31,109  30,598  29,379  28,040

  Used car loans
     Interest rates               8.81    9.61    9.24    8.74    9.41    9.26    9.73    9.71    9.50    8.70    8.62    8.53    8.55
     Maturity (months)            58.6    59.4    60.7    59.8    59.2    58.8    57.7    58.1    59.5    61.7    62.1    61.7    61.4
     Loan-to-value ratio            98      99     100      98     101     101     103     101     101      98      97      96      96
     Amount financed (dollars)  16,228  16,671  17,095  16,664  16,225  16,196  15,104  15,780  16,346  17,668  17,932  17,808  17,644

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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                        2010
                                                                               _______ _______________________________________ _______________

                                        2005    2006    2007    2008   2009 r    Q4      Q1      Q2      Q3     Q4 r    Dec r   Jan r   Feb p
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  Total                                1910.9  2025.4  2065.6  1932.4  1630.6  1932.4  1842.5  1767.5  1717.3  1630.6  1630.6  1623.4  1609.0

    Consumer                            781.4   825.4   891.1   840.2   703.0   840.2   787.8   757.8   747.6   703.0   703.0   697.6   687.5
      Motor vehicle loans               278.0   259.8   261.5   247.7   205.6   247.7   231.3   220.2   213.5   205.6   205.6   211.9   205.7
      Motor vehicle leases               85.3   106.0   122.9   111.1    85.4   111.1   101.8    94.0    90.2    85.4    85.4    84.1    82.3
      Revolving 6                        66.3    79.9    86.0    74.4    46.4    74.4    52.0    50.0    47.3    46.4    46.4    46.8    46.1
      Other 7                           172.3   194.7   236.5   253.7   235.8   253.7   263.6   256.4   259.8   235.8   235.8   232.9   230.7
      Securitized assets 8
        Motor vehicle loans             112.6   112.8   110.7    85.1    67.3    85.1    74.4    73.6    73.2    67.3    67.3    59.3    60.2
        Motor vehicle leases              4.2     3.6     3.1     2.7     2.3     2.7     2.6     2.5     2.4     2.3     2.3     2.3     2.3
        Revolving                        14.9    15.9    25.6    25.5    24.1    25.5    22.9    23.0    23.8    24.1    24.1    24.1    24.1
        Other                            47.8    52.8    44.7    40.0    36.2    40.0    39.3    38.1    37.3    36.2    36.2    36.1    36.1

    Real estate                         565.0   614.8   572.4   483.9   431.9   483.9   475.8   462.3   450.5   431.9   431.9   432.5   428.2
      One-to-four family                489.8   538.1   472.7   375.4   327.7   375.4   368.4   356.1   345.1   327.7   327.7   326.2   322.0
      Other                              51.6    56.2    59.1    72.5    69.7    72.5    71.8    70.8    70.5    69.7    69.7    71.8    71.8
      Securitized assets 8
        One-to-four family               18.9    16.8    34.9    31.0    30.3    31.0    30.8    30.6    30.4    30.3    30.3    30.2    30.2
        Other                             4.8     3.7     5.6     5.0     4.3     5.0     4.8     4.8     4.4     4.3     4.3     4.3     4.3

    Business                            564.5   585.2   602.2   608.3   495.6   608.3   578.9   547.5   519.2   495.6   495.6   493.3   493.2
      Motor vehicles                    105.5   105.1   105.7    95.1    63.4    95.1    80.0    72.4    66.9    63.4    63.4    62.7    63.8
        Retail loans                     15.2    17.1    16.4    12.8    10.1    12.8    11.6    11.1    10.2    10.1    10.1     9.9     9.8
        Wholesale loans 9                61.2    55.7    56.9    51.3    37.0    51.3    48.6    42.2    39.3    37.0    37.0    36.7    37.9
        Leases                           29.0    32.3    32.4    31.0    16.3    31.0    19.8    19.1    17.3    16.3    16.3    16.2    16.1
      Equipment                         281.9   299.5   328.2   347.0   296.9   347.0   338.5   322.5   311.7   296.9   296.9   295.7   294.5
        Loans                            93.6   102.4   111.4   115.9    92.2   115.9   120.1   109.2   100.5    92.2    92.2    92.4    92.9
        Leases                          188.3   197.1   216.9   231.1   204.7   231.1   218.5   213.2   211.2   204.7   204.7   203.3   201.5
      Other business receivables 10      91.8    93.5    89.0    97.8    88.6    97.8    98.1    98.1    95.7    88.6    88.6    89.8    90.0
      Securitized assets 8
        Motor vehicles                   28.8    38.0    33.6    27.4    12.4    27.4    24.7    17.9    13.4    12.4    12.4    12.3    12.3
          Retail loans                    2.7     3.0     2.6     2.4     3.0     2.4     3.5     3.3     3.5     3.0     3.0     3.0     3.0
          Wholesale loans                26.0    34.9    30.9    25.0     9.4    25.0    21.2    14.5     9.9     9.4     9.4     9.4     9.4
          Leases                          0.1     0.1     0.1     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0
        Equipment                        24.4    15.4    13.3    10.7     6.8    10.7     7.4     6.6     6.2     6.8     6.8     6.5     6.5
          Loans                          11.6     9.9     9.4     7.1     3.4     7.1     3.8     3.2     2.8     3.4     3.4     3.1     3.1
          Leases                         12.8     5.5     3.9     3.6     3.4     3.6     3.7     3.4     3.5     3.4     3.4     3.4     3.4
        Other business receivables 10    32.2    33.8    32.4    30.3    27.6    30.3    30.1    30.0    25.3    27.6    27.6    26.2    26.2
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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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