Thrifts that last year did a booming business in discounted adjustable- rate mortgages continue to be in good shape even though prepayments have accelerated.

"I haven't seen anybody get into big trouble," John Robinson, director of the West region of the Office of Thrift Supervision, told American Banker.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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