FDIC Releases Three Reports Analyzing Growth of Nonbank Lending — 2019-11-14

Decades-long shifts reported in corporate and mortgage loans between banks and nonbanks WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today released a multi- part analysis of changes in the U.S. banking system since the 1950s, especially changes occurring since the financial crisis in 2008. These analyses address the shift in some lending from banks to nonbanks; how corporate borrowing has moved between banks and capital markets; and the migration of some home mortgage origination and servicing from banks to nonbanks. FDIC’s reports will be published in the next edition of FDIC Quarterly. They include: Bank and Nonbank Lending Over the Past 70 Years — Total lending in the U.S. has grown dramatically in the past 70 years and, since the 1970s, the share of bank loans has generally fallen as nonbanks gained market share in residential mortgage and corporate lending.