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Statistical Supplement | February 2004

Statistical Supplement to the Federal Reserve Bulletin, February 2004

1.54  Mortgage Debt Outstanding1
Millions of dollars, end of period
Type of holder and property 1999 2000 2001 2002 2003
Q3 Q4 Q1 Q2 Q3p
1 All holders 6,315,131r 6,883,085r 7,581,509r 8,196,711r 8,462,955r 8,672,893r 8,970,679r 9,242,004
 
  By type of property  
2 One- to four-family residences 4,787,225 5,205,428 5,738,611r 6,247,731 6,462,646r 6,640,291r 6,890,256r 7,107,220
3 Multifamily residences 368,426r 400,609r 445,394r 471,680r 488,439r 496,948r 509,685r 527,170
4 Nonfarm, nonresidential 1,056,516 1,168,191r 1,281,168 1,353,685 1,387,110 1,408,651r 1,440,991r 1,476,509
5 Farm 102,964 108,858 116,336 123,614 124,759 127,003r 129,747r 131,105
 
  By type of holder  
6 Major financial institutions 2,394,271 2,618,969 2,791,076 2,981,790 3,089,824 3,166,373r 3,281,138r 3,373,192
7 Commercial banks2 1,495,420 1,660,054 1,789,819 1,962,198 2,058,426 2,099,352 2,192,983 2,263,880
8 One- to four-family 879,576 965,635 1,023,851 1,143,985 1,222,056 1,244,823 1,320,685 1,368,871
9 Multifamily 67,665 77,803 84,851 90,930 94,178 96,830 100,130 102,841
10 Nonfarm, nonresidential 516,333 582,577 645,619 689,481 704,167 718,996 732,508 751,963
11 Farm 31,846 34,039 35,498 37,802 38,025 38,704 39,660 40,205
12 Savings institutions3 668,064 722,974 758,236 773,652 781,378 815,873 833,625 852,054
13 One- to four-family 548,222 594,221 620,579 625,402 631,392 662,858 676,163r 690,404
14 Multifamily 59,309 61,258 64,592 68,668 68,679 69,757 72,715r 74,928
15 Nonfarm, nonresidential 60,063 66,965 72,534 79,022 80,730 82,669 84,152r 86,095
16 Farm 470 529 531 560 577 589 595 626
17 Life insurance companies 230,787 235,941 243,021 245,939 250,019 251,148r 254,531r 257,258
18 One- to four-family 5,934 4,903 4,931 5,176 4,657 3,985r 5,595r 5,654
19 Multifamily 32,818 33,681 35,631 35,921 36,816 36,958r 37,257r 37,657
20 Nonfarm, nonresidential 179,048 183,757 188,376 190,698 195,040 196,142r 197,724r 199,842
21 Farm 12,987 13,600 14,083 14,144 13,506 14,063r 13,955r 14,105
 
22 Federal and related agencies 319,738r 341,110r 372,689r 406,986r 436,140r 455,606 489,676 530,131
23 Government National Mortgage Association 7 6 8 8 5 6 7 52
24 One- to four-family 7 6 8 8 5 6 7 52
25 Multifamily 0 0 0 0 0 0 0 0
26 Farmers Home Administration4 73,871 73,323 72,452 72,030 72,377 69,988 69,930 69,474
27 One- to four-family 16,506 16,372 15,824 15,139 14,908 14,652 14,413 14,127
28 Multifamily 11,741 11,733 11,712 11,686 11,669 11,654 11,641 11,632
29 Nonfarm, nonresidential 41,355 41,070 40,965 41,439 42,101 40,093 40,352 40,161
30 Farm 4,268 4,148 3,952 3,766 3,700 3,590 3,525 3,554
31 Federal Housing Admin. and Dept. of Veterans Affairs 3,712 3,507 3,290 2,973 3,854 3,824 4,006 4,061
32 One- to four-family 1,851 1,308 1,260 1,252 1,262 1,255 1,247 1,285
33 Multifamily 1,861 2,199 2,031 1,721 2,592 2,569 2,760 2,776
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 152 45 13 13 46 118 47 24
40 One- to four-family 25 7 2 2 7 19 8 4
41 Multifamily 29 9 3 2 9 23 9 5
42 Nonfarm, nonresidential 98 29 8 8 30 76 30 15
43 Farm 0 0 0 0 0 0 0 0
44 Federal National Mortgage Association 149,106r 152,511r 165,598r 179,163r 189,147r 195,633 211,146 227,658
45 One- to four-family 141,195 144,150 155,060 167,006 175,576r 180,829 195,079 209,977
46 Multifamily 7,911r 8,361r 10,538r 12,157r 13,571 14,804 16,067 17,681
47 Federal Land Banks 34,187 36,326 40,885 44,782 46,257 46,974 48,490 48,852
48 One- to four-family 2,012 2,137 2,406 2,635 2,722 2,764 2,853 2,874
49 Farm 32,175 34,189 38,479 42,147 43,535 44,210 45,637 45,978
50 Federal Home Loan Mortgage Corporation 56,676 59,240 62,792 60,934 63,887 64,388 65,672 71,897
51 One- to four-family 44,321 42,871 40,309 34,616 35,851 35,880 36,941 40,442
52 Multifamily 12,355 16,369 22,483 26,318 28,036 28,508 28,732 31,455
 
53 Mortgage pools or trusts5 2,946,546 3,226,058 3,700,582 4,052,418 4,161,020 4,267,235r 4,388,727r 4,497,136
54 Government National Mortgage Association 582,263 611,553 591,368 567,386 537,888 515,815r 487,800r 473,094
55 One- to four-family 565,189 592,624 569,460 542,208 512,098 489,056r 460,301r 444,994
56 Multifamily 17,074 18,929 21,908 25,178 25,790 26,759 27,499 28,100
57 Federal Home Loan Mortgage Corporation 749,081 822,310 948,409 1,058,176 1,082,062 1,073,016 1,051,141 1,095,873
58 One- to four-family 744,619 816,602 940,933 1,050,899 1,072,990 1,064,114 1,042,417 1,086,777
59 Multifamily 4,462 5,708 7,476 7,277 9,072 8,902 8,724 9,096
60 Federal National Mortgage Association 960,883 1,057,750 1,290,351 1,458,945 1,538,287 1,637,474 1,749,896 1,801,528
61 One- to four-family 924,941 1,016,398 1,238,125 1,402,929 1,478,610 1,576,495 1,687,263 1,733,853
62 Multifamily 35,942 41,352 52,226 56,016 59,677 60,979 62,633 67,675
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 654,319 734,445 870,454 967,911 1,002,783 1,040,930r 1,099,890r 1,126,641
69 One- to four-family6 455,021 499,834 591,200 669,300 691,600 725,100 768,700r 785,100
70 Multifamily 41,952 47,529 53,537 56,582 59,034 59,638r 61,684r 63,357
71 Nonfarm, nonresidential 157,346 187,082 225,717 242,029 252,149 256,192r 269,506r 278,184
72 Farm 0 0 0 0 0 0 0 0
 
73 Individuals and others7 654,576 696,949r 717,162r 755,517 775,971 783,679r 811,139r 841,545
74 One- to four-family 456,009 492,429 507,169r 540,187 558,423r 563,849r 588,269r 614,751
75 Multifamily 75,076 75,457 78,252 79,127 79,239r 79,499r 79,775r 79,909
76 Nonfarm, nonresidential 102,274 106,711r 107,949 111,008 112,894 114,484r 116,720r 120,248
77 Farm 21,217 22,352 23,792 25,194 25,415 25,847r 26,376r 26,637

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 69 from Inside Mortgage Securities and other sources.

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


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Last update: May 19, 2005