Author:
Forrest Pafenberg, Senior Policy Analyst
This OFHEO Research Paper presents statistics for single-family mortgages originated and outstanding by loan type for calendar years 1990 through 2004. Statistics are provided for conventional and government-insured or -guaranteed loans and, within each of those sectors, for fixed-rate and adjustable-rate mortgages (FRMs and ARMs). Conventional loans are also divided into jumbo and non-jumbo loans. OFHEO developed the estimates to give policy makers and the public a statistical baseline for the single-family mortgage market since 1990. The paper was prepared to enhance public understanding of the United States housing finance system.