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Aggregate Bank & Thrift Charge-Offs

Aggregate Bank & Thrift Charge-Offs

  • From 2007 to 2010, multifamily mortgages accounted for the lowest level of charge-offs for banks and thrifts--$6.1 billion in total.
  • Commercial mortgages were the second lowest charge-off, amounting to $25.9 billion over the four years from 2007 to 2010.
  • Single-family mortgages and credit cards were the two most prevalent charge-off categories, accounting for $145.3 billion and $141.0 billion, respectively.

Sources: MBA & FDIC

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