Office of Thrift Supervision

OTS Issues Monthly Market Monitor

Washington, D.C. — The Office of Thrift Supervision (OTS) releases today its first public issue of the Monthly Market Monitor (OTS-MMM). Going forward, the publication will be carried by the OTS as an online publication providing timely information on the capital markets, the economy and mortgage loan performance.

The first edition of the OTS-MMM cites clean-up efforts that continue in the financial markets following the August upheaval. While funding in the overnight markets has improved, market participants continue to deal with the fallout, particularly in the subprime market. The publication addresses current conditions in the financial markets, the economy and the housing industry, as well as the challenges ahead.

The OTS-MMM is available on the OTS website at www.ots.treas.gov/MMM. Monthly delivery of the publication is available by signing up for the OTS website subscription service.

MMM-10-07 Premier issue of the Monthly Market Monitor. Topics include Market Commentary, Economic Conditions and a Chronology of the Mortgage Malaise.

The Office of Thrift Supervision, an office of the Department of the Treasury, regulates and supervises the nation's thrift industry. OTS's mission is to ensure the safety and soundness of, and compliance with consumer protection laws by, thrift institutions, and to support their role as home mortgage lenders and providers of other community credit and financial services. OTS also oversees the activities and operations of thrift holding companies that own or control thrift institutions. Copies of OTS news releases and other documents are available at the OTS web page at www.ots.treas.gov.

Created: Friday, 10/26/2007