Financial Accounts of the United States - Z.1
L.217 Total Mortgages (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 14884.1 | 15417.1 | 16014.1 | 15283.3 | 15417.1 | 15508.9 | 15649.1 | 15842.8 | 16014.1 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 10578.3 | 10861.9 | 11168.3 | 10799.3 | 10861.9 | 10893.9 | 10981.0 | 11080.1 | 11168.3 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1355.5 | 1470.8 | 1593.5 | 1437.9 | 1470.8 | 1494.6 | 1519.7 | 1560.9 | 1593.5 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 2714.1 | 2838.6 | 2995.7 | 2802.8 | 2838.6 | 2872.1 | 2897.3 | 2948.0 | 2995.7 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 236.2 | 245.7 | 256.6 | 243.3 | 245.7 | 248.4 | 251.1 | 253.9 | 256.6 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 14884.1 | 15417.1 | 16014.1 | 15283.3 | 15417.1 | 15508.9 | 15649.1 | 15842.8 | 16014.1 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 10313.1 | 10593.1 | 10899.4 | 10529.8 | 10593.1 | 10625.8 | 10713.2 | 10810.5 | 10899.4 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 4328.9 | 4597.7 | 4893.2 | 4524.1 | 4597.7 | 4662.0 | 4715.5 | 4811.4 | 4893.2 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 499.5 | 548.6 | 601.1 | 536.1 | 548.6 | 562.6 | 573.6 | 587.4 | 601.1 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 3829.4 | 4049.1 | 4292.0 | 3988.0 | 4049.1 | 4099.4 | 4141.9 | 4224.0 | 4292.0 | 10 |
| Federal government; multifamily residential mortgages; liability | FL313165403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Equity real estate investment trusts; total mortgages; liability | FL123165005 | 242.0 | 226.2 | 221.5 | 229.4 | 226.2 | 221.2 | 220.4 | 220.9 | 221.5 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 14884.1 | 15417.1 | 16014.1 | 15283.3 | 15417.1 | 15508.9 | 15649.1 | 15842.8 | 16014.1 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 81.7 | 69.0 | 57.3 | 72.2 | 69.0 | 66.0 | 63.0 | 60.0 | 57.3 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 32.2 | 33.5 | 34.9 | 33.2 | 33.5 | 33.9 | 34.2 | 34.5 | 34.9 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 42.6 | 46.4 | 49.7 | 44.9 | 46.4 | 47.2 | 47.9 | 48.8 | 49.7 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 119.8 | 123.2 | 123.8 | 122.0 | 123.2 | 123.9 | 120.7 | 123.5 | 123.8 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 3.2 | 2.8 | 2.5 | 2.9 | 2.8 | 2.7 | 2.6 | 2.6 | 2.5 | 18 |
| Federal government; total mortgages Federal Farmers Home Administration (FmHA), excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FL313065075 | 102.5 | 105.7 | 105.8 | 104.6 | 105.7 | 106.3 | 102.9 | 105.6 | 105.8 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 14.1 | 14.6 | 15.5 | 14.5 | 14.6 | 14.9 | 15.1 | 15.3 | 15.5 | 20 |
| Federal government; total mortgages held by FDIC; asset | FL313065065 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 21 |
| Federal government; total mortgages held by Federal Financing Bank, Public Housing Administration (PHA), RTC, and VA; asset (3) | FL313065095 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| State and local governments; total mortgages; asset | FL213065005 | 241.9 | 224.0 | 220.8 | 233.2 | 224.0 | 224.4 | 221.7 | 219.9 | 220.8 | 23 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5282.7 | 5442.8 | 5660.5 | 5411.6 | 5442.8 | 5464.5 | 5540.8 | 5594.5 | 5660.5 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 4698.5 | 4818.1 | 4984.8 | 4797.5 | 4818.1 | 4835.7 | 4900.0 | 4940.1 | 4984.8 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 77.0 | 77.6 | 80.8 | 75.1 | 77.6 | 77.8 | 78.5 | 81.7 | 80.8 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 25.8 | 24.1 | 22.6 | 24.5 | 24.1 | 23.7 | 23.4 | 22.8 | 22.6 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 481.4 | 523.0 | 572.4 | 514.5 | 523.0 | 527.4 | 538.9 | 549.8 | 572.4 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 17.8 | 20.5 | 21.1 | 19.7 | 20.5 | 20.8 | 20.9 | 20.9 | 21.1 | 29 |
| Life insurance companies; total mortgages; asset | FL543065005 | 506.7 | 568.1 | 611.8 | 552.9 | 568.1 | 580.3 | 588.3 | 602.4 | 611.8 | 30 |
| Private pension funds; total mortgages; asset | FL573065005 | 26.7 | 29.2 | 31.8 | 28.7 | 29.2 | 29.7 | 30.2 | 31.1 | 31.8 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 6.9 | 12.5 | 12.1 | 12.7 | 12.5 | 13.1 | 12.9 | 12.2 | 12.1 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 5193.7 | 5333.8 | 5510.7 | 5291.6 | 5333.8 | 5356.6 | 5389.4 | 5460.5 | 5510.7 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3155.7 | 3223.8 | 3300.0 | 3209.2 | 3223.8 | 3232.8 | 3243.5 | 3280.2 | 3300.0 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 1853.7 | 1909.8 | 1993.3 | 1888.0 | 1909.8 | 1922.0 | 1939.9 | 1969.3 | 1993.3 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 126.7 | 133.6 | 139.6 | 130.5 | 133.6 | 133.3 | 134.8 | 136.6 | 139.6 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 53.8 | 62.5 | 72.5 | 60.0 | 62.5 | 64.0 | 66.5 | 69.4 | 72.5 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 3.9 | 4.0 | 5.4 | 3.9 | 4.0 | 4.5 | 4.8 | 5.0 | 5.4 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2126.8 | 2292.6 | 2407.3 | 2245.4 | 2292.6 | 2315.8 | 2341.5 | 2370.2 | 2407.3 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 1913.4 | 2042.2 | 2117.6 | 2008.2 | 2042.2 | 2058.3 | 2076.4 | 2092.8 | 2117.6 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 200.2 | 241.0 | 281.0 | 227.5 | 241.0 | 248.2 | 255.8 | 268.2 | 281.0 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 11.5 | 7.9 | 7.6 | 8.1 | 7.9 | 7.8 | 7.8 | 7.7 | 7.6 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.7 | 1.5 | 1.1 | 1.6 | 1.5 | 1.5 | 1.5 | 1.4 | 1.1 | 43 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Federal Farmers Home Administration (FmHA) pool, excluding one-to-four-family residential mortgages held by the Federal Financing Bank; asset (2) | FL413065035 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 44 |
| Issuers of asset-backed securities; total mortgages; asset | FL673065005 | 845.9 | 851.7 | 850.4 | 860.0 | 851.7 | 847.3 | 842.6 | 859.7 | 850.4 | 45 |
| Finance companies; total mortgages; asset | FL613065000 | 123.8 | 114.8 | 117.2 | 117.8 | 114.8 | 120.3 | 118.7 | 118.9 | 117.2 | 46 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 234.8 | 255.0 | 304.7 | 237.5 | 255.0 | 264.9 | 276.4 | 285.7 | 304.7 | 47 |
NOTES
- Sum of one-to-four-family residential mortgages (table L.218), multifamily residential mortgages (table L.219), commercial mortgages (table L.220), and farm mortgages (table L.221).
- 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.
- Other includes Department of Veterans Affairs, Federal Financing Bank, Public Housing Administration, and Resolution Trust Corporation.
Last Update: March 12, 2020