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Statistical Supplement | March 2007

Statistical Supplement to the Federal Reserve Bulletin, March 2007
1.54  Mortgage Debt Outstanding1
Millions of dollars, end of period
Type of holder and property 2003 2004 2005 2005 2006
Q4 Q1 Q2 Q3 Q4p
1 All holders 9,368,870r 10,672,100r 12,133,840r 12,133,840r 12,437,840r 12,761,210r 13,050,000r 13,315,070
 
  By type of property  
2 One- to four-family residences 7,168,933r 8,237,910r 9,367,860r 9,367,860r 9,598,815r 9,841,300r 10,037,040r 10,199,330
3 Multifamily residences 555,697r 609,099r 680,072r 680,072r 694,128r 704,192r 716,013r 731,039
4 Nonfarm, nonresidential 1,510,655r 1,683,373r 1,937,991r 1,937,991r 1,994,452r 2,061,007r 2,137,661r 2,221,260
5 Farm 133,586 141,718 147,914 147,914 150,450 154,715 159,284r 163,440
 
  By type of holder  
6 Major financial institutions 3,387,175 3,925,678 4,394,767 4,394,767 4,505,599 4,648,130 4,730,229r 4,781,105
7 Commercial banks2 2,256,037 2,595,318 2,956,572 2,956,572 3,024,873 3,131,845 3,181,309r 3,402,429
8 One- to four-family 1,346,908 1,568,000 1,774,348 1,774,348 1,803,974 1,870,924 1,876,172r 2,052,963
9 Multifamily 104,901 119,294 140,121 140,121 145,471 147,213 150,081r 160,137
10 Nonfarm, nonresidential 763,579 863,467 994,513 994,513 1,026,978 1,063,861 1,103,880r 1,137,154
11 Farm 40,649 44,557 47,590 47,590 48,450 49,847 51,176r 52,176
12 Savings institutions3 870,194 1,057,036 1,152,732 1,152,732 1,192,401 1,221,013 1,249,133r 1,074,535
13 One- to four-family 702,784 874,518 954,974 954,974 990,190 1,013,538 1,035,677r 870,164
14 Multifamily 77,895 87,445 98,168 98,168 100,112 102,197 103,468r 95,517
15 Nonfarm, nonresidential 88,884 94,475 98,974 98,974 101,423 104,582 109,222r 108,115
16 Farm 632 598 616 616 676 696 767 740
17 Life insurance companies 260,944 273,324 285,463 285,463 288,325 295,271 299,787r 304,141
18 One- to four-family 4,403 4,998 4,585 4,585 4,632 4,747 4,821r 4,893
19 Multifamily 38,556 40,453 42,440 42,440 42,822 43,852 44,521r 45,167
20 Nonfarm, nonresidential 203,946 214,085 224,258 224,258 226,545 231,991 235,534r 238,947
21 Farm 14,039 13,788 14,180 14,180 14,326 14,681 14,911r 15,134
 
22 Federal and related agencies 537,131 553,821 554,997 554,997 555,813 557,941 558,190 561,008
23 Government National Mortgage Association 50 44 34 34 32 31 29 27
24 One- to four-family 50 44 34 34 32 31 29 27
25 Multifamily 0 0 0 0 0 0 0 0
26 Farmers Home Administration4 69,546 70,624 72,937 72,937 73,575 75,097 75,918 76,448
27 One- to four-family 13,964 13,464 13,014 13,014 12,976 12,975 12,935 12,918
28 Multifamily 11,613 11,556 11,493 11,493 11,451 11,423 11,401 11,374
29 Nonfarm, nonresidential 40,529 42,370 45,213 45,213 45,954 47,499 48,396 48,945
30 Farm 3,439 3,235 3,217 3,217 3,193 3,200 3,186 3,212
31 Federal Housing Admin. and Dept. of Veterans Affairs 4,192 4,733 4,819 4,819 4,626 4,830 4,912 5,023
32 One- to four-family 1,304 1,338 1,370 1,370 1,396 1,615 1,632 1,625
33 Multifamily 2,887 3,394 3,449 3,449 3,231 3,215 3,280 3,398
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 8 6 4 3 3
40 One- to four-family 4 2 1 1 1 1 1 1
41 Multifamily 4 2 2 2 1 1 1 1
42 Nonfarm, nonresidential 15 7 5 5 4 2 2 2
43 Farm 0 0 0 0 0 0 0 0
44 Federal National Mortgage Association 239,433 249,515 255,006 255,006 254,989 255,016 255,000 254,997
45 One- to four-family 219,867 222,535 219,279 219,279 219,262 219,289 219,273 219,270
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 54,640 55,233 56,674 57,774 59,897
48 One- to four-family 2,901 3,106 3,215 3,215 3,250 3,335 3,399 3,524
49 Farm 46,406 49,687 51,425 51,425 51,983 53,339 54,375 56,373
50 Federal Home Loan Mortgage Corporation 60,270 61,360 61,481 61,481 62,935 63,704 64,077 65,847
51 One- to four-family 27,274 23,389 20,396 20,396 20,878 21,133 21,257 21,844
52 Multifamily 32,996 37,971 41,085 41,085 42,057 42,571 42,820 44,003
53 Federal Agricultural Mortgage Corporation 990 887 804 804 787 787 770 770
54 Farm 990 887 804 804 787 787 770 770
 
55 Mortgage pools or trusts5 4,457,509r 4,965,892r 5,786,344r 5,786,344r 5,940,037r 6,084,226r 6,249,902r 6,438,241
56 Government National Mortgage Association 473,738 441,235 405,246 405,246 403,170 405,435r 409,725r 410,651
57 One- to four-family 444,820 409,089 371,484 371,484 368,757 370,469r 374,228r 374,517
58 Multifamily 28,918 32,147 33,762 33,762 34,413 34,966 35,497 36,135
59 Federal Home Loan Mortgage Corporation 1,157,339 1,204,239 1,330,795 1,330,795 1,375,148 1,400,955 1,436,525 1,472,294
60 One- to four-family 1,141,241 1,187,489 1,312,284 1,312,284 1,356,020 1,381,468 1,416,544 1,451,815
61 Multifamily 16,098 16,750 18,511 18,511 19,128 19,487 19,981 20,479
62 Federal National Mortgage Association 1,857,045 1,895,761 1,940,079 1,940,079 1,972,793 2,005,027 2,042,818 2,079,074
63 One- to four-family 1,780,884 1,819,931 1,862,476 1,862,476 1,893,881 1,924,826 1,961,105 1,995,911
64 Multifamily 76,161 75,830 77,603 77,603 78,912 80,201 81,713 83,163
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 968,384r 1,423,719r 2,109,389r 2,109,389r 2,187,627r 2,270,996r 2,357,727r 2,473,115
71 One- to four-family6 610,740r 1,013,876r 1,587,305r 1,587,305r 1,648,750r 1,713,815r 1,776,595r 1,843,346
72 Multifamily 66,623r 73,001r 89,503r 89,503r 91,333r 93,513r 96,269r 102,550
73 Nonfarm, nonresidential 291,021r 336,841r 432,581r 432,581r 447,545r 463,668r 484,863r 527,219
74 Farm 0 0 0 0 0 0 0 0
75 Federal Agricultural Mortgage Corporation 1,003 938 835 835 1,298 1,813 3,107 3,107
76 Farm 1,003 938 835 835 1,298 1,813 3,107 3,107
 
77 Individuals and others7 987,055r 1,226,710r 1,397,730r 1,397,730r 1,436,395r 1,470,915r 1,511,678r 1,534,714
78 One- to four-family 758,520r 982,293r 1,137,842r 1,137,842r 1,171,200r 1,201,350r 1,233,682r 1,248,531
79 Multifamily 79,426r 84,260r 88,193r 88,193r 89,456r 89,811r 91,241r 93,376
80 Nonfarm, nonresidential 122,682r 132,129r 142,448r 142,448r 146,004r 149,404r 155,763r 160,878
81 Farm 26,428 28,028 29,247 29,247 29,736 30,350 30,992 31,929

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 | March 2007 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: March 30, 2007