Federal Reserve Statistical Release, G.20, Finance Companies; title with eagle logo links to Statistical Release home page
Release Date: April 30, 2012
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G.20                                                      FINANCE COMPANIES 1                                     For immediate release
                                                             February 2012                                                   April 2012

OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
Seasonally adjusted
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                                                                         2010                    2011                        2012
                                                                        _______ _______________________________________ _______________

                                 2007    2008    2009    2010    2011     Q4      Q1      Q2      Q3      Q4      Dec     Jan    Feb p
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Percent change at annual rate 3
     Total                         2.1    -6.3   -15.5    -8.3    -4.4    -4.1    -5.7    -9.9    -5.1     2.9     0.4    -6.3    -3.7
       Consumer                    7.9    -5.7   -16.3    -8.0    -2.5     2.3    -1.0    -7.6    -7.8     6.4     0.0    11.2     3.6
       Real estate                -6.5   -15.2   -10.6   -13.3   -11.1   -15.5   -18.7   -10.3   -10.1    -7.4    -0.3   -27.3   -11.0
       Business                    3.1     1.2   -18.4    -4.2    -1.6    -3.2    -1.6   -12.8     2.4     5.7     1.4   -14.6    -8.6

Amount: billions of dollars
     Total                      2057.8  1927.3  1628.0  1493.7  1427.9  1493.7  1472.6  1436.1  1417.7  1427.9  1427.9  1420.4  1416.0
       Consumer                  884.2   833.5   697.3   641.6   625.4   641.6   639.9   627.7   615.5   625.4   625.4   631.2   633.1
       Real estate               573.4   486.3   434.8   377.1   335.1   377.1   359.5   350.3   341.4   335.1   335.1   327.5   324.5
       Business                  600.2   607.6   496.0   475.0   467.4   475.0   473.2   458.0   460.8   467.4   467.4   461.7   458.4
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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               4.87    5.52    3.82    4.26    4.73    4.57    4.73     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.
     Maturity (months)            62.0    63.4    62.0    63.0    62.3    62.5    62.3     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.
     Loan-to-value ratio            95      91      90      86      80      82      80     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.
     Amount financed (dollars)  28,287  26,178  28,272  27,959  26,673  27,423  26,673     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.

  Used car loans
     Interest rates               9.24    8.74    9.41    8.16    7.73    7.97    7.73     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.
     Maturity (months)            60.7    59.8    59.2    62.6    64.5    63.4    64.5     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.
     Loan-to-value ratio           100      98     101      96      96      96      96     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.
     Amount financed (dollars)  17,095  16,664  16,225  18,124  18,723  18,424  18,723     n.a.    n.a.    n.a.    n.a.    n.a.    n.a.

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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 volume-weighted averages covering all loans of each type purchased during the month. The statistical foundation
      for these series has deteriorated in the past few months. Therefore, publication of these series is temporarily being suspended.
      The statistical foundation is in the process of being improved, and publication will resume as soon as possible.





OWNED AND MANAGED RECEIVABLES OUTSTANDING 2
(Billions of dollars)
Not seasonally adjusted
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                                                                               2010                    2011                        2012
                                                                              _______ _______________________________________ _______________

                                       2007    2008    2009    2010    2011     Q4      Q1      Q2      Q3      Q4      Dec     Jan    Feb p
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  Total                               2065.6  1932.4  1630.6  1495.6  1429.9  1495.6  1467.2  1435.9  1426.9  1429.9  1429.9  1418.3  1412.3

    Consumer                           891.1   840.2   703.0   646.9   630.6   646.9   633.3   624.4   625.0   630.6   630.6   629.0   627.2
      Motor vehicle loans              261.5   247.7   205.6   185.1   181.0   185.1   185.2   178.5   182.1   181.0   181.0   182.7   179.5
      Motor vehicle leases             122.9   111.1    85.4    72.7    77.9    72.7    73.3    73.8    74.9    77.9    77.9    78.9    79.6
      Revolving 5                       86.0    74.4    46.4    71.9    78.1    71.9    69.0    70.0    72.2    78.1    78.1    76.8    75.1
      Other 6                          236.5   253.7   235.8   261.5   247.3   261.5   255.6   253.3   250.1   247.3   247.3   245.5   244.6
      Securitized assets 7
        Motor vehicle loans            110.7    85.1    67.3    50.4    41.9    50.4    45.2    44.0    41.2    41.9    41.9    40.7    44.1
        Motor vehicle leases             3.1     2.7     2.3     2.0     1.7     2.0     2.0     1.9     1.8     1.7     1.7     1.7     1.7
        Revolving                       25.6    25.5    24.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1     0.1
        Other                           44.7    40.0    36.2     3.0     2.6     3.0     2.9     2.8     2.7     2.6     2.6     2.6     2.6

    Real estate                        572.4   483.9   431.9   374.4   332.7   374.4   361.0   349.4   340.8   332.7   332.7   328.3   325.7
      One-to-four family               472.7   375.4   327.7   280.6   247.2   280.6   270.0   261.4   254.7   247.2   247.2   243.1   240.8
      Other                             59.1    72.5    69.7    63.6    56.0    63.6    61.0    58.1    56.5    56.0    56.0    55.8    55.5
      Securitized assets 7
        One-to-four family              34.9    31.0    30.3    29.6    29.0    29.6    29.4    29.3    29.1    29.0    29.0    28.9    28.9
        Other                            5.6     5.0     4.3     0.6     0.5     0.6     0.6     0.6     0.5     0.5     0.5     0.5     0.5

    Business                           602.2   608.3   495.6   474.3   466.6   474.3   472.9   462.1   461.0   466.6   466.6   461.0   459.4
      Motor vehicles                   105.7    95.1    63.4    68.1    66.8    68.1    66.1    62.2    59.7    66.8    66.8    65.1    67.4
        Retail loans                    16.4    12.8    10.1     9.3    10.8     9.3     9.2     9.4    10.0    10.8    10.8    11.0    11.5
        Wholesale loans 8               56.9    51.3    37.0    43.3    41.3    43.3    42.9    39.0    35.9    41.3    41.3    39.5    40.6
        Leases                          32.4    31.0    16.3    15.4    14.6    15.4    14.0    13.8    13.7    14.6    14.6    14.6    15.3
      Equipment                        328.2   347.0   296.9   307.1   300.2   307.1   307.0   300.2   300.3   300.2   300.2   297.2   295.8
        Loans                          111.4   115.9    92.2   113.1   112.9   113.1   112.1   108.8   110.6   112.9   112.9   112.9   113.2
        Leases                         216.9   231.1   204.7   194.0   187.3   194.0   194.9   191.4   189.8   187.3   187.3   184.3   182.7
      Other business receivables 9      89.0    97.8    88.6    65.9    66.9    65.9    66.6    66.8    68.1    66.9    66.9    66.0    63.5
      Securitized assets 7
        Motor vehicles                  33.6    27.4    12.4     5.9     5.9     5.9     5.9     5.9     5.9     5.9     5.9     5.9     5.9
          Retail loans                   2.6     2.4     3.0     2.1     2.1     2.1     2.1     2.1     2.1     2.1     2.1     2.1     2.1
          Wholesale loans               30.9    25.0     9.4     3.8     3.7     3.8     3.8     3.8     3.8     3.7     3.7     3.7     3.7
          Leases                         0.1     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0     0.0
        Equipment                       13.3    10.7     6.8     4.0     3.9     4.0     4.0     4.0     3.9     3.9     3.9     3.9     3.9
          Loans                          9.4     7.1     3.4     1.1     1.1     1.1     1.1     1.1     1.1     1.1     1.1     1.1     1.1
          Leases                         3.9     3.6     3.4     2.9     2.8     2.9     2.9     2.9     2.8     2.8     2.8     2.8     2.8
        Other business receivables 9    32.4    30.3    27.6    23.3    23.0    23.3    23.2    23.2    23.1    23.0    23.0    23.0    23.0
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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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