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Statistical Supplement | March 2008

Statistical Supplement to the Federal Reserve Bulletin, March 2008
1.54  Mortgage Debt Outstanding1
Millions of dollars, end of period
Type of holder and property 2004 2005 2006 2006 2007
Q4 Q1 Q2 Q3 Q4p
1 All holders 10,656,390 12,112,690 13,337,070 13,337,070 13,549,040 13,981,770 14,363,850 14,560,260
 
  By type of property  
2 One- to four-family residences 8,257,106 9,386,817 10,287,960 10,287,960 10,426,390 10,749,660 11,027,950 11,135,820
3 Multifamily residences 608,606 679,062 729,120 729,120 740,919 777,775 813,375 831,045
4 Nonfarm, nonresidential 1,680,277 1,931,935 2,200,087 2,200,087 2,260,705 2,343,794 2,406,109 2,472,796
5 Farm 110,406 114,872 119,897 119,897 121,027 110,535 116,417 120,598
 
  By type of holder  
6 Major financial institutions 3,925,694 4,394,752 4,780,754 4,780,754 4,800,258 4,886,757 4,977,053 5,051,584
7 Commercial banks2 2,595,334 2,956,557 3,402,987 3,402,987 3,378,629 3,462,137 3,513,839 3,633,255
8 One- to four-family 1,575,779 1,786,497 2,076,445 2,076,445 2,030,136 2,081,919 2,122,486 2,201,334
9 Multifamily 118,643 138,702 157,547 157,547 158,936 160,726 163,251 167,045
10 Nonfarm, nonresidential 859,855 987,887 1,123,154 1,123,154 1,143,284 1,178,415 1,186,179 1,221,211
11 Farm 41,057 43,471 45,841 45,841 46,273 41,077 41,923 43,665
12 Savings institutions3 1,057,036 1,152,732 1,073,967 1,073,967 1,117,242 1,112,818 1,146,872 1,095,226
13 One- to four-family 873,920 953,810 867,831 867,831 911,540 905,281 933,532 878,927
14 Multifamily 87,537 98,349 95,792 95,792 93,589 92,570 94,763 92,704
15 Nonfarm, nonresidential 94,980 99,957 109,604 109,604 111,333 114,161 117,731 122,713
16 Farm 599 616 740 740 780 806 846 882
17 Life insurance companies 273,324 285,463 303,800 303,800 304,387 311,802 316,342 323,103
18 One- to four-family 4,998 4,585 6,730 6,730 6,740 6,869 7,253 7,311
19 Multifamily 40,453 42,440 44,761 44,761 44,847 45,458 46,550 47,567
20 Nonfarm, nonresidential 214,085 224,258 236,719 236,719 237,179 243,463 246,213 251,540
21 Farm 13,788 14,180 15,590 15,590 15,621 16,012 16,326 16,685
 
22 Federal and related agencies 553,821 554,997 561,016 561,016 562,941 699,472 712,714 723,868
23 Government National Mortgage Association 44 34 27 27 26 25 24 22
24 One- to four-family 44 34 27 27 26 25 24 22
25 Multifamily 0 0 0 0 0 0 0 0
26 Farmers Home Administration4 70,624 72,937 76,448 76,448 77,264 77,978 78,192 78,411
27 One- to four-family 13,464 13,014 12,918 12,918 12,819 12,893 12,920 13,024
28 Multifamily 11,556 11,493 11,374 11,374 11,340 11,318 11,310 11,282
29 Nonfarm, nonresidential 42,370 45,213 48,945 48,945 49,919 50,564 50,758 50,839
30 Farm 3,235 3,217 3,212 3,212 3,186 3,204 3,204 3,266
31 Federal Housing Admin. and Dept. of Veterans Affairs 4,733 4,819 5,023 5,023 5,013 5,115 4,887 4,927
32 One- to four-family 1,338 1,370 1,625 1,625 1,679 1,687 1,722 1,779
33 Multifamily 3,394 3,449 3,398 3,398 3,335 3,428 3,165 3,147
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 11 8 3 3 15 6 3 2
40 One- to four-family 2 1 1 1 2 1 0 0
41 Multifamily 2 2 1 1 3 1 1 0
42 Nonfarm, nonresidential 7 5 2 2 10 4 2 1
43 Farm 0 0 0 0 0 0 0 0
44 Federal National Mortgage Association 249,515 255,006 254,997 254,997 254,963 389,934 399,420 403,577
45 One- to four-family 222,535 219,279 219,270 219,270 219,236 329,272 321,955 311,831
46 Multifamily 26,980 35,727 35,727 35,727 35,727 60,662 77,465 91,746
47 Federal Land Banks 52,793 54,640 59,897 59,897 61,451 62,902 64,859 64,859
48 One- to four-family 15,240 14,621 16,922 16,922 18,071 18,449 19,490 17,606
49 Farm 37,553 40,019 42,975 42,975 43,380 44,453 45,369 47,253
50 Federal Home Loan Mortgage Corporation 61,360 61,481 65,847 65,847 67,136 68,350 71,680 79,776
51 One- to four-family 23,389 20,396 21,844 21,844 22,272 21,219 22,946 23,876
52 Multifamily 37,971 41,085 44,003 44,003 44,864 47,131 48,734 55,900
53 Federal Agricultural Mortgage Corporation 887 804 778 778 748 754 742 742
54 Farm 887 804 778 778 748 754 742 742
 
55 Mortgage pools or trusts5 4,965,850 5,791,117 6,507,032 6,507,032 6,699,590 6,934,306 7,199,833 7,336,212
56 Government National Mortgage Association 441,235 405,246 410,196 410,196 413,217 417,136 427,492 443,650
57 One- to four-family 409,089 371,484 374,062 374,062 377,061 380,925 391,094 407,011
58 Multifamily 32,147 33,762 36,135 36,135 36,157 36,211 36,398 36,640
59 Federal Home Loan Mortgage Corporation 1,204,239 1,330,795 1,472,294 1,472,294 1,531,796 1,587,795 1,660,047 1,717,342
60 One- to four-family 1,187,489 1,312,284 1,451,815 1,451,815 1,510,489 1,565,710 1,636,957 1,706,684
61 Multifamily 16,750 18,511 20,479 20,479 21,307 22,085 23,090 10,658
62 Federal National Mortgage Association 1,895,761 1,940,079 2,078,829 2,078,829 2,127,130 2,094,251 2,167,980 2,277,491
63 One- to four-family 1,819,931 1,862,476 1,995,676 1,995,676 2,042,045 2,010,481 2,081,261 2,188,791
64 Multifamily 75,830 77,603 83,153 83,153 85,085 83,770 86,719 88,700
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 1,423,676 2,114,153 2,542,529 2,542,529 2,624,045 2,830,445 2,939,696 2,893,111
71 One- to four-family6 1,013,757 1,592,439 1,923,565 1,923,565 1,962,603 2,120,175 2,179,319 2,116,601
72 Multifamily 73,068 89,626 101,280 101,280 109,478 116,278 123,178 123,955
73 Nonfarm, nonresidential 336,851 432,088 517,685 517,685 551,964 593,991 637,199 652,555
74 Farm 0 0 0 0 0 0 0 0
75 Federal Agricultural Mortgage Corporation 938 844 3,183 3,183 3,402 4,679 4,618 4,618
76 Farm 938 844 3,183 3,183 3,402 4,679 4,618 4,618
 
77 Individuals and others7 1,211,031 1,371,821 1,488,266 1,488,266 1,486,254 1,461,232 1,474,247 1,448,593
78 One- to four-family 982,293 1,129,273 1,221,252 1,221,252 1,215,376 1,200,378 1,204,108 1,169,497
79 Multifamily 84,260 88,299 95,457 95,457 96,224 98,108 98,722 101,673
80 Nonfarm, nonresidential 132,129 142,528 163,978 163,978 167,016 163,196 168,028 173,936
81 Farm 12,349 11,721 7,578 7,578 7,637 -450 3,389 3,487

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 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: April 11, 2008