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Statistical Supplement | September 2004

Statistical Supplement to the Federal Reserve Bulletin, September 2004

1.54  Mortgage Debt Outstanding1
Millions of dollars, end of period
Type of holder and property 2000 2001 2002 2003 2004
Q2r Q3r Q4r Q1r Q2p
1 All holders 6,820,568r 7,502,066r 8,335,642r 8,854,152 9,123,248 9,351,894 9,600,739 9,883,910
 
  By type of property  
2 One- to four-family residences 5,133,773r 5,651,384r 6,332,203r 6,767,031 6,983,261 7,150,067 7,351,980 7,570,974
3 Multifamily residences 404,487r 447,697r 487,291r 509,940 523,765 545,173 552,034 567,142
4 Nonfarm, nonresidential 1,172,106r 1,285,125r 1,390,626r 1,447,487 1,484,502 1,523,065 1,561,410 1,607,228
5 Farm 110,203r 117,860r 125,523r 129,694 131,720 133,589 135,315 138,567
 
  By type of holder  
6 Major financial institutions 2,618,969 2,791,076 3,089,824 3,280,767 3,373,051 3,387,865 3,518,918 3,671,703
7 Commercial banks2 1,660,054 1,789,819 2,058,426 2,192,793 2,263,725 2,256,037 2,329,270 2,435,855
8 One- to four-family 965,635 1,023,851 1,222,126r 1,320,612 1,368,832 1,346,908 1,394,747 1,473,509
9 Multifamily 77,803 84,851 94,178 100,130 102,841 104,901 107,440 110,832
10 Nonfarm, nonresidential 582,577 645,619 704,097r 732,391 751,847 763,579 785,660 808,585
11 Farm 34,039 35,498 38,025 39,660 40,205 40,649 41,422 42,928
12 Savings institutions3 722,974 758,236 781,378 833,625 852,054 870,884 927,658 966,533
13 One- to four-family 594,221 620,579 631,392 676,163 690,404 703,374 753,855 789,486
14 Multifamily 61,258 64,592 68,679 72,715 74,928 77,994 81,705 83,952
15 Nonfarm, nonresidential 66,965 72,534 80,730 84,152 86,095 88,884 91,449 92,455
16 Farm 529 531 577 595 626 632 648 639
17 Life insurance companies 235,941 243,021 250,019 254,350 257,272 260,944 261,990 269,316
18 One- to four-family 4,903 4,931 4,657 3,639 3,585 4,403 4,583 4,763
19 Multifamily 33,681 35,631 36,816 37,631 38,141 38,556 38,685 39,768
20 Nonfarm, nonresidential 183,757 188,376 195,040 199,807 202,253 203,946 204,643 210,356
21 Farm 13,600 14,083 13,506 13,273 13,293 14,039 14,079 14,429
 
22 Federal and related agencies 341,140r 373,240r 433,565r 489,947 524,680 536,637 543,418 543,899
23 Government National Mortgage Association 6 8 5 7 52 50 48 45
24 One- to four-family 6 8 5 7 52 50 48 45
25 Multifamily 0 0 0 0 0 0 0 0
26 Farmers Home Administration4 73,323 72,452 72,377 69,930 69,474 69,546 71,271 69,681
27 One- to four-family 16,372 15,824 14,908 14,413 14,127 13,964 13,820 13,668
28 Multifamily 11,733 11,712 11,669 11,641 11,632 11,613 11,588 11,581
29 Nonfarm, nonresidential 41,070 40,965 42,101 40,352 40,161 40,529 42,476 41,172
30 Farm 4,148 3,952 3,700 3,525 3,554 3,439 3,387 3,260
31 Federal Housing Admin. and Dept. of Veterans Affairs 3,507 3,290 3,854 4,006 4,061 4,192 4,460 4,460
32 One- to four-family 1,308 1,260 1,262 1,247 1,285 1,304 1,315 1,315
33 Multifamily 2,199 2,031 2,592 2,760 2,776 2,887 3,144 3,144
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 47 24 23 37 42
40 One- to four-family 7 2 7 8 4 4 6 7
41 Multifamily 9 3 9 9 5 4 7 8
42 Nonfarm, nonresidential 29 8 30 30 15 15 24 27
43 Farm 0 0 0 0 0 0 0 0
44 Federal National Mortgage Association 152,511 165,957r 185,801r 211,146 232,415 239,433 240,710 241,510
45 One- to four-family 144,150 155,419r 172,230r 195,079 214,734 219,867 220,331 218,845
46 Multifamily 8,361 10,538 13,571 16,067 17,681 19,566 20,379 22,665
47 Federal Land Banks 36,326 40,885 46,257 48,490 48,852 49,307 50,007 51,070
48 One- to four-family 2,137 2,406 2,722 2,853 2,874 2,901 2,942 3,005
49 Farm 34,189 38,479 43,535 45,637 45,978 46,406 47,065 48,065
50 Federal Home Loan Mortgage Corporation 59,240 62,792 63,887 65,249 61,080 59,776 60,819 60,315
51 One- to four-family 42,871 40,309 35,851 36,605 34,266 33,534 34,119 33,837
52 Multifamily 16,369 22,483 28,036 28,644 26,814 26,242 26,700 26,478
53 Federal Agricultural Mortgage Corporation 30r 202r 966r 1,005 980 990 980 944
54 Farm 30r 202r 966r 1,005 980 990 980 944
 
55 Mortgage pools or trusts5 3,160,686r 3,616,044r 4,032,968r 4,263,102 4,371,254 4,547,885 4,634,883 4,730,407
56 Government National Mortgage Association 611,553r 591,368r 537,888r 487,753 472,899 473,738 464,373 458,722
57 One- to four-family 592,624r 569,460r 512,098r 460,254 444,799 444,820 438,367 428,141
58 Multifamily 18,929r 21,908r 25,790r 27,499 28,100 28,918 26,007 30,581
59 Federal Home Loan Mortgage Corporation 822,310r 948,409r 1,082,062r 1,051,141 1,095,873 1,157,186 1,163,030 1,181,144
60 One- to four-family 816,602r 940,933r 1,072,990r 1,042,417 1,086,777 1,147,581 1,153,377 1,171,341
61 Multifamily 5,708r 7,476r 9,072r 8,724 9,096 9,605 9,653 9,803
62 Federal National Mortgage Association 1,057,750r 1,290,351r 1,538,287r 1,749,896 1,801,528 1,857,045 1,878,030 1,879,009
63 One- to four-family 1,016,398r 1,238,125r 1,478,610r 1,687,263 1,733,853 1,780,884 1,802,301 1,803,584
64 Multifamily 41,352r 52,226r 59,677r 62,633 67,675 76,161 75,729 75,425
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 0r 0r 0r 0 0 0 0 0
69 Farm 0r 0r 0r 0 0 0 0 0
70 Private mortgage conduits 667,442r 784,260r 874,364r 973,973 999,925 1,058,913 1,128,484 1,210,565
71 One- to four-family6 432,831r 505,006r 563,181r 642,188 656,415 696,077 754,707 818,625
72 Multifamily 47,529r 53,537r 59,034r 61,684 63,699 67,137 68,962 70,452
73 Nonfarm, nonresidential 187,082r 225,717r 252,149r 270,101 279,811 295,699 304,815 321,488
74 Farm 0r 0r 0r 0 0 0 0 0
75 Federal Agricultural Mortgage Corporation 1,631r 1,656r 367r 339 1,029 1,003 966 967
76 Farm 1,631r 1,656r 367r 339 1,029 1,003 966 967
 
77 Individuals and others7 699,774r 721,706r 779,286r 820,335 854,263 879,508 903,520 937,901
78 One- to four-family 487,776r 505,787r 559,870r 594,277 623,568 641,126 662,425 695,013
79 Multifamily 79,335r 80,555r 78,091r 79,743 80,321 81,537 81,985 82,409
80 Nonfarm, nonresidential 110,626r 111,906r 116,480r 120,654 124,319 130,414 132,342 133,145
81 Farm 22,036r 23,458r 24,846r 25,661 26,055 26,431 26,768 27,334

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 | September 2004 | Tips for printing wide tables | Symbols and Abbreviations


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Last update: May 11, 2005