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Statistical Supplement | February 2008

Statistical Supplement to the Federal Reserve Bulletin, February 2008
1.54  Mortgage Debt Outstanding1
Millions of dollars, end of period
Type of holder and property 2003 2004 2005 2006 2007
Q3 Q4 Q1 Q2 Q3p
1 All holders 9,353,340 10,656,390 12,112,690 13,062,000 13,337,070 13,549,040 13,981,770 14,363,850
 
  By type of property  
2 One- to four-family residences 7,183,087 8,257,106 9,386,817 10,105,040 10,287,960 10,426,390 10,749,660 11,027,950
3 Multifamily residences 555,522 608,606 679,062 713,445 729,120 740,919 777,775 813,375
4 Nonfarm, nonresidential 1,509,620 1,680,277 1,931,935 2,124,885 2,200,087 2,260,705 2,343,794 2,406,109
5 Farm 105,110 110,406 114,872 118,630 119,897 121,027 110,535 116,417
 
  By type of holder  
6 Major financial institutions 3,386,964 3,925,694 4,394,752 4,730,680 4,780,754 4,800,258 4,886,757 4,977,053
7 Commercial banks2 2,255,825 2,595,334 2,956,557 3,181,315 3,402,987 3,378,629 3,462,137 3,513,839
8 One- to four-family 1,349,385 1,575,779 1,786,497 1,897,487 2,076,445 2,030,136 2,081,919 2,122,486
9 Multifamily 104,690 118,643 138,702 147,693 157,547 158,936 160,726 163,251
10 Nonfarm, nonresidential 762,335 859,855 987,887 1,090,891 1,123,154 1,143,284 1,178,415 1,186,179
11 Farm 39,415 41,057 43,471 45,244 45,841 46,273 41,077 41,923
12 Savings institutions3 870,195 1,057,036 1,152,732 1,248,957 1,073,967 1,117,242 1,112,818 1,146,872
13 One- to four-family 702,525 873,920 953,810 1,033,744 867,831 911,540 905,281 933,532
14 Multifamily 77,934 87,537 98,349 103,740 95,792 93,589 92,570 94,763
15 Nonfarm, nonresidential 89,104 94,980 99,957 110,707 109,604 111,333 114,161 117,731
16 Farm 632 599 616 766 740 780 806 846
17 Life insurance companies 260,944 273,324 285,463 300,408 303,800 304,387 311,802 316,342
18 One- to four-family 4,403 4,998 4,585 5,986 6,730 6,740 6,869 7,253
19 Multifamily 38,556 40,453 42,440 44,431 44,761 44,847 45,458 46,550
20 Nonfarm, nonresidential 203,946 214,085 224,258 235,080 236,719 237,179 243,463 246,213
21 Farm 14,039 13,788 14,180 14,911 15,590 15,621 16,012 16,326
 
22 Federal and related agencies 537,131 553,821 554,997 558,190 561,016 562,941 699,472 712,714
23 Government National Mortgage Association 50 44 34 29 27 26 25 24
24 One- to four-family 50 44 34 29 27 26 25 24
25 Multifamily 0 0 0 0 0 0 0 0
26 Farmers Home Administration4 69,546 70,624 72,937 75,918 76,448 77,264 77,978 78,192
27 One- to four-family 13,964 13,464 13,014 12,935 12,918 12,819 12,893 12,920
28 Multifamily 11,613 11,556 11,493 11,401 11,374 11,340 11,318 11,310
29 Nonfarm, nonresidential 40,529 42,370 45,213 48,396 48,945 49,919 50,564 50,758
30 Farm 3,439 3,235 3,217 3,186 3,212 3,186 3,204 3,204
31 Federal Housing Admin. and Dept. of Veterans Affairs 4,192 4,733 4,819 4,912 5,023 5,013 5,115 4,887
32 One- to four-family 1,304 1,338 1,370 1,632 1,625 1,679 1,687 1,722
33 Multifamily 2,887 3,394 3,449 3,280 3,398 3,335 3,428 3,165
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 3 3 15 6 3
40 One- to four-family 4 2 1 1 1 2 1 0
41 Multifamily 4 2 2 1 1 3 1 1
42 Nonfarm, nonresidential 15 7 5 2 2 10 4 2
43 Farm 0 0 0 0 0 0 0 0
44 Federal National Mortgage Association 239,433 249,515 255,006 255,000 254,997 254,963 389,934 399,420
45 One- to four-family 219,867 222,535 219,279 219,273 219,270 219,236 329,272 321,955
46 Multifamily 19,566 26,980 35,727 35,727 35,727 35,727 60,662 77,465
47 Federal Land Banks 49,307 52,793 54,640 57,774 59,897 61,451 62,902 64,859
48 One- to four-family 14,837 15,240 14,621 15,544 16,922 18,071 18,449 19,490
49 Farm 34,470 37,553 40,019 42,230 42,975 43,380 44,453 45,369
50 Federal Home Loan Mortgage Corporation 60,270 61,360 61,481 64,077 65,847 67,136 68,350 71,680
51 One- to four-family 27,274 23,389 20,396 21,257 21,844 22,272 21,219 22,946
52 Multifamily 32,996 37,971 41,085 42,820 44,003 44,864 47,131 48,734
53 Federal Agricultural Mortgage Corporation 990 887 804 770 778 748 754 742
54 Farm 990 887 804 770 778 748 754 742
 
55 Mortgage pools or trusts5 4,457,496 4,965,850 5,791,117 6,301,457 6,507,032 6,699,590 6,934,306 7,199,833
56 Government National Mortgage Association 473,738 441,235 405,246 409,478 410,196 413,217 417,136 427,492
57 One- to four-family 444,820 409,089 371,484 373,981 374,062 377,061 380,925 391,094
58 Multifamily 28,918 32,147 33,762 35,497 36,135 36,157 36,211 36,398
59 Federal Home Loan Mortgage Corporation 1,157,339 1,204,239 1,330,795 1,436,525 1,472,294 1,531,796 1,587,795 1,660,047
60 One- to four-family 1,141,241 1,187,489 1,312,284 1,416,544 1,451,815 1,510,489 1,565,710 1,636,957
61 Multifamily 16,098 16,750 18,511 19,981 20,479 21,307 22,085 23,090
62 Federal National Mortgage Association 1,857,045 1,895,761 1,940,079 2,043,037 2,078,829 2,127,130 2,094,251 2,167,980
63 One- to four-family 1,780,884 1,819,931 1,862,476 1,961,316 1,995,676 2,042,045 2,010,481 2,081,261
64 Multifamily 76,161 75,830 77,603 81,721 83,153 85,085 83,770 86,719
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 1,423,676 2,114,153 2,409,310 2,542,529 2,624,045 2,830,445 2,939,696
71 One- to four-family6 610,740 1,013,757 1,592,439 1,828,879 1,923,565 1,962,603 2,120,175 2,179,319
72 Multifamily 66,620 73,068 89,626 95,742 101,280 109,478 116,278 123,178
73 Nonfarm, nonresidential 291,010 336,851 432,088 484,689 517,685 551,964 593,991 637,199
74 Farm 0 0 0 0 0 0 0 0
75 Federal Agricultural Mortgage Corporation 1,003 938 844 3,107 3,183 3,402 4,679 4,618
76 Farm 1,003 938 844 3,107 3,183 3,402 4,679 4,618
 
77 Individuals and others7 971,749 1,211,031 1,371,821 1,471,677 1,488,266 1,486,254 1,461,232 1,474,247
78 One- to four-family 758,520 982,293 1,129,273 1,216,745 1,221,252 1,215,376 1,200,378 1,204,108
79 Multifamily 79,426 84,260 88,299 91,396 95,457 96,224 98,108 98,722
80 Nonfarm, nonresidential 122,682 132,129 142,528 155,120 163,978 167,016 163,196 168,028
81 Farm 11,122 12,349 11,721 8,416 7,578 7,637 -450 3,389

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 | February 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: March 13, 2008