The respondent panel comprises U.S. bank holding companies, U.S. intermediate holding companies of foreign banking organizations, and covered savings and loan holding companies with $100 billion or more in total consolidated assets. These institutions are required to report credit card or first-lien mortgage data if portfolio balances exceed $5 billion or are material relative to Tier 1 capital. Firms with over $100 billion in total consolidated assets that do not meet these thresholds may also voluntarily provide FR Y-14M data. The reporting provides users with aggregate data on credit card and first-lien mortgages including portfolio composition, credit performance, origination activities, credit card payment behavior, and credit card line utilization. This publication will be released on a quarterly frequency.
Large Bank Credit Card and 
Mortgage Data
The Large Bank Credit Card and Mortgage Data are based on FR Y-14M credit card and mortgage data provided by the largest financial institutions in the United States. View the methodology and definitions documentation to get a better understanding of the data.
2024 Q2 Insights Report
Published: October 9, 2024
Large banks have been tightening credit card underwriting for the past two years, with the median origination credit score for new card customers hitting an 11-year high in second quarter 2024. That has slowed industry growth, with card originations contracting on a year-over-year basis and card balances rising more slowly on a quarterly basis than in recent years. Card delinquency rates also improved from recent series highs, although seasonal factors are likely a contributor to that positive development.
Mortgage originations in second quarter 2024 fell 3.3 percent on a year-over-year basis and remain historically low. Mortgage portfolio credit quality is strong, with a median current credit score of 791 for large bank mortgage customers, and, in a notable contrast with credit cards, mortgage delinquency rates continue to hover around series lows.
Data Downloads
Credit Card Balances
FR Y-14M credit card filers provide data on all active consumer bankcard accounts; including cycle-end balances, current credit scores, line changes, and payment behavior metrics.
Credit Card Originations
FR Y-14M credit card filers provide data on all new consumer bankcard commitments, calculated based on initial assigned credit limits alongside original credit scores.
First-Lien Mortgage Balances
FR Y-14M mortgage filers provide data on all closed-end portfolio loans secured by 1-4 family residential real estate. Both first-lien mortgage and first-lien home equity loan balances are reported.
First-Lien Mortgage Originations
FR Y-14M mortgage filers provide data on new first-lien mortgages and first-lien home equity loans held in portfolio. Includes origination loan-to-value (LTV), debt-to-income (DTI), and credit score metrics.
Documentation
Release Archive
ABOUT LARGE BANK CREDIT CARD AND MORTGAGE DATA
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