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Statistical Supplement | March 2004

Statistical Supplement to the Federal Reserve Bulletin, March 2004
1.54  Mortgage Debt Outstanding1
Millions of dollars, end of period
Type of holder and property 2000 2001 2002 2002 2003
Q4 Q1 Q2 Q3 Q4p
1 All holders 6,883,085 7,581,509 8,462,955 8,462,955 8,672,349r 8,969,667r 9,230,513r 9,477,003
 
  By type of property  
2 One- to four-family residences 5,205,428 5,738,611 6,462,646 6,462,646 6,640,221r 6,887,970r 7,098,797r 7,292,118
3 Multifamily residences 400,609 445,394 488,439 488,439 496,474r 509,908r 522,896r 537,100
4 Nonfarm, nonresidential 1,168,191 1,281,168 1,387,110 1,387,110 1,408,651 1,442,634r 1,478,444r 1,515,639
5 Farm 108,858 116,336 124,759 124,759 127,003 129,155r 130,377r 132,147
 
  By type of holder  
6 Major financial institutions 2,618,969 2,791,076 3,089,824 3,089,824 3,166,373 3,280,858r 3,373,077r 3,386,590
7 Commercial banks2 1,660,054 1,789,819 2,058,426 2,058,426 2,099,352 2,192,983 2,263,880 2,256,032
8 One- to four-family 965,635 1,023,851 1,222,056 1,222,056 1,244,823 1,320,685 1,368,871 1,347,082
9 Multifamily 77,803 84,851 94,178 94,178 96,830 100,130 102,841 104,868
10 Nonfarm, nonresidential 582,577 645,619 704,167 704,167 718,996 732,508 751,963 763,434
11 Farm 34,039 35,498 38,025 38,025 38,704 39,660 40,205 40,649
12 Savings institutions3 722,974 758,236 781,378 781,378 815,873 833,625 852,054 870,664
13 One- to four-family 594,221 620,579 631,392 631,392 662,858 676,163 690,404 703,202
14 Multifamily 61,258 64,592 68,679 68,679 69,757 72,715 74,928 77,990
15 Nonfarm, nonresidential 66,965 72,534 80,730 80,730 82,669 84,152 86,095 88,840
16 Farm 529 531 577 577 589 595 626 632
17 Life insurance companies 235,941 243,021 250,019 250,019 251,148 254,251r 257,143r 259,894
18 One- to four-family 4,903 4,931 4,657 4,657 3,985 3,839r 3,805r 3,855
19 Multifamily 33,681 35,631 36,816 36,816 36,958 37,567r 38,026r 38,428
20 Nonfarm, nonresidential 183,757 188,376 195,040 195,040 196,142 199,368r 201,795r 203,920
21 Farm 13,600 14,083 13,506 13,506 14,063 13,477r 13,517r 13,691
 
22 Federal and related agencies 341,110 372,689 436,140 436,140 455,076r 489,252r 519,314r 531,569
23 Government National Mortgage Association 6 8 5 5 6 7 52 50
24 One- to four-family 6 8 5 5 6 7 52 50
25 Multifamily 0 0 0 0 0 0 0 0
26 Farmers Home Administration4 73,323 72,452 72,377 72,377 69,988 69,930 69,474 69,546
27 One- to four-family 16,372 15,824 14,908 14,908 14,652 14,413 14,127 13,964
28 Multifamily 11,733 11,712 11,669 11,669 11,654 11,641 11,632 11,613
29 Nonfarm, nonresidential 41,070 40,965 42,101 42,101 40,093 40,352 40,161 40,529
30 Farm 4,148 3,952 3,700 3,700 3,590 3,525 3,554 3,439
31 Federal Housing Admin. and Dept. of Veterans Affairs 3,507 3,290 3,854 3,854 3,824 4,006 4,061 4,192
32 One- to four-family 1,308 1,260 1,262 1,262 1,255 1,247 1,285 1,304
33 Multifamily 2,199 2,031 2,592 2,592 2,569 2,760 2,776 2,887
34 Resolution Trust Corporation 0 0 0 0 0 0 0 0
35 One- to four-family 0 0 0 0 0 0 0 0
36 Multifamily 0 0 0 0 0 0 0 0
37 Nonfarm, nonresidential 0 0 0 0 0 0 0 0
38 Farm 0 0 0 0 0 0 0 0
39 Federal Deposit Insurance Corporation 45 13 46 46 118 47 24 23
40 One- to four-family 7 2 7 7 19 8 4 4
41 Multifamily 9 3 9 9 23 9 5 4
42 Nonfarm, nonresidential 29 8 30 30 76 30 15 15
43 Farm 0 0 0 0 0 0 0 0
44 Federal National Mortgage Association 152,511 165,598 189,147 189,147 195,633 211,146 227,658 234,699
45 One- to four-family 144,150 155,060 175,576 175,576 180,829 195,079 209,977 215,133
46 Multifamily 8,361 10,538 13,571 13,571 14,804 16,067 17,681 19,566
47 Federal Land Banks 36,326 40,885 46,257 46,257 46,974 48,490 48,852 49,830
48 One- to four-family 2,137 2,406 2,722 2,722 2,764 2,853 2,874 2,932
49 Farm 34,189 38,479 43,535 43,535 44,210 45,637 45,978 46,898
50 Federal Home Loan Mortgage Corporation 59,240 62,792 63,887 63,887 63,858r 65,249r 61,080r 59,776
51 One- to four-family 42,871 40,309 35,851 35,851 35,824r 36,605r 34,266r 33,534
52 Multifamily 16,369 22,483 28,036 28,036 28,034r 28,644r 26,814r 26,242
 
53 Mortgage pools or trusts5 3,226,058 3,700,582 4,161,020 4,161,020 4,267,235 4,388,680r 4,496,997r 4,691,847
54 Government National Mortgage Association 611,553 591,368 537,888 537,888 515,815 487,753r 472,955r 474,074
55 One- to four-family 592,624 569,460 512,098 512,098 489,056 460,254r 444,855r 445,156
56 Multifamily 18,929 21,908 25,790 25,790 26,759 27,499 28,100 28,918
57 Federal Home Loan Mortgage Corporation 822,310 948,409 1,082,062 1,082,062 1,073,016 1,051,141 1,095,873 1,157,186
58 One- to four-family 816,602 940,933 1,072,990 1,072,990 1,064,114 1,042,417 1,086,777 1,147,581
59 Multifamily 5,708 7,476 9,072 9,072 8,902 8,724 9,096 9,605
60 Federal National Mortgage Association 1,057,750 1,290,351 1,538,287 1,538,287 1,637,474 1,749,896 1,801,528 1,857,166
61 One- to four-family 1,016,398 1,238,125 1,478,610 1,478,610 1,576,495 1,687,263 1,733,853 1,787,401
62 Multifamily 41,352 52,226 59,677 59,677 60,979 62,633 67,675 69,765
63 Farmers Home Administration4 0 0 0 0 0 0 0 0
64 One- to four-family 0 0 0 0 0 0 0 0
65 Multifamily 0 0 0 0 0 0 0 0
66 Nonfarm, nonresidential 0 0 0 0 0 0 0 0
67 Farm 0 0 0 0 0 0 0 0
68 Private mortgage conduits 734,445 870,454 1,002,783 1,002,783 1,040,930 1,099,890 1,126,641 1,203,421
69 One- to four-family6 499,834 591,200 691,600 691,600 725,100 768,700 785,100 842,800
70 Multifamily 47,529 53,537 59,034 59,034 59,638 61,684 63,357 67,074
71 Nonfarm, nonresidential 187,082 225,717 252,149 252,149 256,192 269,506 278,184 293,547
72 Farm 0 0 0 0 0 0 0 0
 
73 Individuals and others7 696,949 717,162 775,971 775,971 783,665r 810,876r 841,126r 866,997
74 One- to four-family 492,429 507,169 558,423 558,423 563,835r 588,122r 614,491r 634,719
75 Multifamily 75,457 78,252 79,239 79,239 79,499 79,775 79,907r 80,086
76 Nonfarm, nonresidential 106,711 107,949 112,894 112,894 114,484 116,719r 120,230r 125,354
77 Farm 22,352 23,792 25,415 25,415 25,847 26,262r 26,497r 26,838

1. Multifamily debt refers to loans on structures of five or more units.   Return to table

2. Includes loans held by nondeposit trust companies but not loans held by bank trust departments.   Return to table

3. Includes savings banks and savings and loan associations.   Return to table

4. FmHA-guaranteed securities sold to the Federal Financing Bank were reallocated from FmHA mortgage pools to FmHA mortgage holdings in 1986:Q4 because of accounting changes by the Farmers Home Administration.   Return to table

5. Outstanding principal balances of mortgage-backed securities insured or guaranteed by the agency indicated.   Return to table

6. Includes securitized home equity loans.   Return to table

7. Other holders include mortgage companies, real estate investment trusts, state and local credit agencies, state and local retirement funds, noninsured pension funds, credit unions, and finance companies.   Return to table

Source. Based on data from various institutional and government sources. Separation of nonfarm mortgage debt by type of property, if not reported directly, and interpolations and extrapolations, when required for some quarters, are estimated in part by the Federal Reserve. Line 69 from Inside Mortgage Securities and other sources.

Statistical Supplement | March 2004 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: May 18, 2005