The biggest banks built their holdings of home loans by a stunning 18% last year as the industry rediscovered a basic business.

With rising interest rates stimulating the public appetite for adjustable-rate mortgages, banks dived headlong into the market. Like thrifts, many banks have come to view adjustable-rate mortgages as a good fit with their liabilities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.