1. One of the single best sources of information about financial institutions is the "U.S. Flow of Funds Report" produced by the Federal Reserve. This doc-

ument contains data on most financial intermedi-

aries. To access this report, go to http:f/www.

federalreserve.govfreleases,ül/. Click on the most current release. (You may have to load Acro-

bat Reader if your computer does not already have it.

The site has a link for a free patch.) Go to the "Level Tables" and answer the following questions.

a. What is the date of the most current release?

b. What percent of assets do commercial banks hold in loans? What percent Of assets are held in mortgage loans?

c. percent of assets do savings and loans hold in mortgage loans?

d. What percent of assets do credit unions hold in mortgage loans and in consumer loans?