Thrifts Add Modestly to Mortgage-Backed Securities Holdings in 2002
March 21, 2003
The thrift industry continued to slowly build up its inventory of mortgage-related securities in the fourth quarter of 2002, but at nowhere near the rapid growth rate posted by commercial banks over the course of last year. According to data from the Federal Deposit Insurance Corp., federally-insured thrifts held some $209.7 billion in mortgage securities at the end of 2002, up just 3.1 percent from the