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Title:               Large Bank Consumer Mortgage Originations: Original Back-End Debt-to-Income (DTI): 50th Percentile
Series ID:           RCMFLOBEDTIPCT50
Source:              Federal Reserve Bank of Philadelphia
Release:             FR Y-14M Large Bank Credit Card and Mortgage Data
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Quarterly, End of Quarter
Units:               Ratio
Date Range:          2012-07-01 to 2023-10-01
Last Updated:        2024-04-15 2:19 PM CDT
Notes:               The 50th percentile back-end debt-to-income ratio among first lien
                     originations. The back-end DTI ratio is the percentage of a borrower's
                     monthly income that would go toward all the borrower's debt
                     obligations. The total monthly debt payments (including proposed
                     housing expenses) are divided by the total monthlyincome of the
                     borrower. Back-end DTI is reported at origination. These data include
                     total bank loans originated and held in portfolio in a given quarter,
                     including those that will later be sold or securitized. For more
                     detail see: methodology
                     (https://www.philadelphiafed.org/-/media/frbp/assets/surveys-and-data/y14/y-14-data-methodology).

DATE       VALUE
2012-07-01    31
2012-10-01    30
2013-01-01    30
2013-04-01    31
2013-07-01    32
2013-10-01    34
2014-01-01    35
2014-04-01    33
2014-07-01    33
2014-10-01    34
2015-01-01    33
2015-04-01    33
2015-07-01    34
2015-10-01    34
2016-01-01    34
2016-04-01    34
2016-07-01    34
2016-10-01    34
2017-01-01    35
2017-04-01    35
2017-07-01    35
2017-10-01    36
2018-01-01    36
2018-04-01    37
2018-07-01    37
2018-10-01    37
2019-01-01    37
2019-04-01    36
2019-07-01    35
2019-10-01    35
2020-01-01    35
2020-04-01    33
2020-07-01    33
2020-10-01    32
2021-01-01    32
2021-04-01    33
2021-07-01    34
2021-10-01    35
2022-01-01    35
2022-04-01    36
2022-07-01    37
2022-10-01    38
2023-01-01    38
2023-04-01    37
2023-07-01    38
2023-10-01    38