FRB: July 2007 Statistical Supplement--Mortgage Debt Outstanding

Statistical Supplement | July 2007

Statistical Supplement to the Federal Reserve Bulletin, July 2007

1.54 Mortgage Debt Outstanding¹
Millions of dollars, end of period
Type of holder and property		2003	2004	2005	2006				2007
Type of holder and property		2003	2004	2005	Q1	Q2	Q3	Q4^r	Q1^p
1	All holders	9,353,340^r	10,656,390^r	12,112,690^r	12,414,520^r	12,742,730^r	13,062,000^r	13,337,070	13,549,040

	By type of property
2	One- to four-family residences	7,183,087^r	8,257,106^r	9,386,817^r	9,620,218^r	9,872,509^r	10,105,040^r	10,287,960	10,426,390
3	Multifamily residences	555,522^r	608,606^r	679,062^r	692,781^r	702,212^r	713,445^r	729,120	740,919
4	Nonfarm, nonresidential	1,509,620^r	1,680,277^r	1,931,935^r	1,985,412^r	2,050,649^r	2,124,885^r	2,200,087	2,260,705
5	Farm	105,110^r	110,406^r	114,872^r	116,111^r	117,364^r	118,630^r	119,897	121,027

	By type of holder
6	Major financial institutions	3,386,964^r	3,925,694^r	4,394,752^r	4,505,804^r	4,648,735^r	4,730,680^r	4,780,754	4,800,258
7	Commercial banks²	2,255,825^r	2,595,334^r	2,956,557^r	3,024,887^r	3,132,032^r	3,181,315^r	3,402,987	3,378,629
8	One- to four-family	1,349,385^r	1,575,779^r	1,786,497^r	1,819,854^r	1,889,521^r	1,897,487^r	2,076,445	2,030,136
9	Multifamily	104,690^r	118,643^r	138,702^r	143,689^r	145,038^r	147,693^r	157,547	158,936
10	Nonfarm, nonresidential	762,335^r	859,855^r	987,887^r	1,017,289^r	1,052,827^r	1,090,891^r	1,123,154	1,143,284
11	Farm	39,415^r	41,057^r	43,471^r	44,055^r	44,646^r	45,244^r	45,841	46,273
12	Savings institutions³	870,195^r	1,057,036	1,152,732	1,192,371^r	1,221,011^r	1,248,957^r	1,073,967	1,117,242
13	One- to four-family	702,525^r	873,920^r	953,810^r	988,819^r	1,012,006^r	1,033,744^r	867,831	911,540
14	Multifamily	77,934^r	87,537^r	98,349^r	100,318^r	102,435^r	103,740^r	95,792	93,589
15	Nonfarm, nonresidential	89,104^r	94,980^r	99,957^r	102,558^r	105,874^r	110,707^r	109,604	111,333
16	Farm	632	599^r	616	676	696	766^r	740	780
17	Life insurance companies	260,944	273,324	285,463	288,546^r	295,692^r	300,408^r	303,800	304,387
18	One- to four-family	4,403	4,998	4,585	4,997^r	5,512^r	5,986^r	6,730	6,740
19	Multifamily	38,556	40,453	42,440	42,792^r	43,792^r	44,431^r	44,761	44,847
20	Nonfarm, nonresidential	203,946	214,085	224,258	226,431^r	231,707^r	235,080^r	236,719	237,179
21	Farm	14,039	13,788	14,180	14,326	14,681	14,911	15,590	15,621

22	Federal and related agencies	537,131	553,821	554,997	555,813	557,941	558,190	561,016	562,941
23	Government National Mortgage Association	50	44	34	32	31	29	27	26
24	One- to four-family	50	44	34	32	31	29	27	26
25	Multifamily	0	0	0	0	0	0	0	0
26	Farmers Home Administration⁴	69,546	70,624	72,937	73,575	75,097	75,918	76,448	77,264
27	One- to four-family	13,964	13,464	13,014	12,976	12,975	12,935	12,918	12,819
28	Multifamily	11,613	11,556	11,493	11,451	11,423	11,401	11,374	11,340
29	Nonfarm, nonresidential	40,529	42,370	45,213	45,954	47,499	48,396	48,945	49,919
30	Farm	3,439	3,235	3,217	3,193	3,200	3,186	3,212	3,186
31	Federal Housing Admin. and Dept. of Veterans Affairs	4,192	4,733	4,819	4,626	4,830	4,912	5,023	5,013
32	One- to four-family	1,304	1,338	1,370	1,396	1,615	1,632	1,625	1,679
33	Multifamily	2,887	3,394	3,449	3,231	3,215	3,280	3,398	3,335
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	23	11	8	6	4	3	3	15
40	One- to four-family	4	2	1	1	1	1	1	2
41	Multifamily	4	2	2	1	1	1	1	3
42	Nonfarm, nonresidential	15	7	5	4	2	2	2	10
43	Farm	0	0	0	0	0	0	0	0
44	Federal National Mortgage Association	239,433	249,515	255,006	254,989	255,016	255,000	254,997	254,963
45	One- to four-family	219,867	222,535	219,279	219,262	219,289	219,273	219,270	219,236
46	Multifamily	19,566	26,980	35,727	35,727	35,727	35,727	35,727	35,727
47	Federal Land Banks	49,307	52,793	54,640	55,233	56,674	57,774	59,897	61,451
48	One- to four-family	14,837^r	15,240^r	14,621^r	14,485^r	15,189^r	15,544^r	16,922	18,071
49	Farm	34,470^r	37,553^r	40,019^r	40,748^r	41,485^r	42,230^r	42,975	43,380
50	Federal Home Loan Mortgage Corporation	60,270	61,360	61,481	62,935	63,704	64,077	65,847	67,136
51	One- to four-family	27,274	23,389	20,396	20,878	21,133	21,257	21,844	22,272
52	Multifamily	32,996	37,971	41,085	42,057	42,571	42,820	44,003	44,864
53	Federal Agricultural Mortgage Corporation	990	887	804	787	787	770	778	748
54	Farm	990	887	804	787	787	770	778	748

55	Mortgage pools or trusts⁵	4,457,496^r	4,965,850^r	5,791,117^r	5,945,692^r	6,097,895^r	6,301,457^r	6,507,032	6,699,590
56	Government National Mortgage Association	473,738	441,235	405,246	403,170	405,435	409,478^r	410,196	413,217
57	One- to four-family	444,820	409,089	371,484	368,757	370,469	373,981^r	374,062	377,061
58	Multifamily	28,918	32,147	33,762	34,413	34,966	35,497	36,135	36,157
59	Federal Home Loan Mortgage Corporation	1,157,339	1,204,239	1,330,795	1,375,148	1,400,955	1,436,525	1,472,294	1,531,796
60	One- to four-family	1,141,241	1,187,489	1,312,284	1,356,020	1,381,468	1,416,544	1,451,815	1,510,489
61	Multifamily	16,098	16,750	18,511	19,128	19,487	19,981	20,479	21,307
62	Federal National Mortgage Association	1,857,045	1,895,761	1,940,079	1,972,793	2,004,453^r	2,043,037^r	2,078,829	2,127,130
63	One- to four-family	1,780,884	1,819,931	1,862,476	1,893,881	1,924,275^r	1,961,316^r	1,995,676	2,042,045
64	Multifamily	76,161	75,830	77,603	78,912	80,178^r	81,721^r	83,153	85,085
65	Farmers Home Administration⁴	0	0	0	0	0	0	0	0
66	One- to four-family	0	0	0	0	0	0	0	0
67	Multifamily	0	0	0	0	0	0	0	0
68	Nonfarm, nonresidential	0	0	0	0	0	0	0	0
69	Farm	0	0	0	0	0	0	0	0
70	Private mortgage conduits	968,371^r	1,423,676^r	2,114,153^r	2,193,282^r	2,285,239^r	2,409,310^r	2,542,529	2,624,045
71	One- to four-family⁶	610,740	1,013,757^r	1,592,439^r	1,654,753^r	1,728,746^r	1,828,879^r	1,923,565	1,962,603
72	Multifamily	66,620^r	73,068^r	89,626^r	91,458^r	93,393^r	95,742^r	101,280	109,478
73	Nonfarm, nonresidential	291,010^r	336,851^r	432,088^r	447,071^r	463,099^r	484,689^r	517,685	551,964
74	Farm	0	0	0	0	0	0	0	0
75	Federal Agricultural Mortgage Corporation	1,003	938	844^r	1,298	1,813	3,107	3,183	3,402
76	Farm	1,003	938	844^r	1,298	1,813	3,107	3,183	3,402

77	Individuals and others⁷	971,749^r	1,211,031^r	1,371,821^r	1,407,214^r	1,438,163^r	1,471,677^r	1,488,266	1,486,254
78	One- to four-family	758,520	982,293	1,129,273^r	1,160,491^r	1,188,496^r	1,216,745^r	1,221,252	1,215,376
79	Multifamily	79,426	84,260	88,299^r	89,590^r	89,971^r	91,396^r	95,457	96,224
80	Nonfarm, nonresidential	122,682	132,129	142,528^r	146,105^r	149,640^r	155,120^r	163,978	167,016
81	Farm	11,122^r	12,349^r	11,721^r	11,028^r	10,056^r	8,416^r	7,578	7,637

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 70 from LoanPerformance Corporation and other sources.

Statistical Supplement | July 2007 | Tips for printing wide tables | Symbols and Abbreviations

Accessibility | Contact us
Last update: August 13, 2007