Financial Accounts of the United States - Z.1
F.217 Total Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 579.3 | 600.5 | 746.4 | 759.2 | 550.9 | 697.2 | 576.7 | 872.2 | 839.7 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 321.6 | 307.8 | 486.0 | 360.3 | 266.5 | 393.3 | 338.7 | 628.0 | 583.9 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 125.2 | 135.5 | 130.7 | 184.6 | 149.3 | 88.8 | 138.3 | 125.4 | 170.1 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 123.0 | 136.1 | 117.9 | 193.0 | 113.8 | 203.2 | 87.8 | 106.8 | 73.7 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 9.5 | 21.1 | 11.9 | 21.3 | 21.3 | 11.8 | 11.8 | 12.0 | 12.0 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 579.3 | 600.5 | 746.4 | 759.2 | 550.9 | 697.2 | 576.7 | 872.2 | 839.7 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 303.9 | 302.7 | 474.5 | 345.2 | 262.1 | 382.2 | 330.9 | 616.8 | 568.1 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 291.2 | 296.0 | 271.4 | 411.8 | 272.7 | 311.3 | 254.1 | 247.4 | 272.6 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | 84.6 | 47.3 | 52.5 | 79.7 | 13.9 | 65.4 | 36.0 | 43.7 | 64.9 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 206.6 | 248.7 | 218.9 | 332.1 | 258.8 | 245.9 | 218.1 | 203.8 | 207.8 | 10 |
| Federal government; multifamily residential mortgages; liability | FA313165403 | 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 | FA123165005 | -15.8 | 1.9 | 0.6 | 2.2 | 16.2 | 3.7 | -8.4 | 8.0 | -1.0 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 579.3 | 600.5 | 746.4 | 759.2 | 550.9 | 697.2 | 576.7 | 872.2 | 839.7 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -5.8 | -2.5 | -4.7 | -2.7 | -2.0 | -4.2 | -6.1 | -3.9 | -4.7 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | 2.0 | 2.5 | 2.7 | 2.5 | 2.6 | 2.6 | 2.7 | 2.7 | 2.8 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | 1.0 | 2.8 | 2.6 | 3.1 | 2.9 | 3.5 | 3.4 | 3.5 | -0.1 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 3.4 | 0.6 | 3.3 | 11.2 | 1.3 | 6.1 | 5.6 | -4.0 | 5.7 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | -0.4 | -0.3 | -0.2 | -0.3 | -0.3 | -0.2 | -0.2 | -0.2 | -0.3 | 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) | FA313065075 | 3.2 | 0.1 | 2.5 | 10.7 | 0.9 | 6.3 | 5.4 | -5.5 | 3.7 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 0.6 | 0.9 | 1.1 | 0.9 | 0.8 | 0.0 | 0.4 | 1.8 | 2.3 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | -0.1 | -0.0 | -0.0 | -0.1 | -0.1 | 0.0 | -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) | FA313065095 | 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 | FA213065005 | 2.1 | -0.9 | 5.3 | 4.4 | 5.8 | -13.6 | 12.9 | 13.0 | 8.9 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 170.3 | 214.9 | 87.2 | 204.2 | 258.3 | 256.9 | 83.8 | 108.2 | -100.2 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 122.2 | 171.8 | 41.3 | 157.9 | 203.8 | 177.8 | 31.1 | 65.8 | -109.5 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 8.1 | 3.0 | 0.3 | 10.1 | -0.7 | 8.7 | -3.1 | -2.0 | -2.2 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | -1.7 | -1.5 | 0.3 | -2.2 | -1.1 | -0.4 | 1.9 | 0.4 | -0.6 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 41.8 | 41.7 | 45.2 | 38.4 | 56.2 | 70.8 | 53.8 | 44.0 | 12.1 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.7 | 2.4 | 1.2 | -0.3 | 8.0 | 3.2 | 0.5 | -0.4 | 1.3 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 61.4 | 51.1 | 19.4 | 59.0 | 49.8 | 43.0 | 11.9 | 11.3 | 11.4 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | -2.8 | 1.3 | 1.7 | 1.6 | 1.4 | 2.6 | 1.2 | 1.5 | 1.6 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 5.4 | -0.9 | 0.8 | -1.2 | -2.9 | 1.6 | 1.7 | -0.1 | 0.0 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 145.1 | 180.0 | 639.1 | 250.1 | 167.2 | 271.4 | 588.2 | 707.5 | 989.2 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 70.3 | 77.5 | 290.4 | 118.3 | 74.6 | 133.9 | 372.5 | 273.7 | 381.4 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 59.1 | 85.1 | 335.3 | 113.6 | 67.7 | 117.7 | 203.9 | 438.4 | 581.4 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 6.9 | 6.0 | 14.9 | 7.3 | 12.1 | 6.8 | 15.8 | 15.5 | 21.7 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 8.7 | 9.9 | -3.4 | 10.0 | 11.2 | 11.4 | -6.7 | -21.6 | 3.0 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 0.1 | 1.4 | 1.9 | 1.0 | 1.6 | 1.6 | 2.7 | 1.5 | 1.7 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 165.8 | 113.8 | 22.3 | 98.8 | 136.8 | 117.3 | -44.4 | 30.7 | -14.5 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 128.8 | 75.3 | -14.2 | 49.0 | 87.9 | 107.2 | -48.5 | -43.9 | -71.5 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 40.9 | 39.9 | 37.7 | 49.7 | 51.0 | 12.7 | 5.9 | 74.6 | 57.7 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -3.7 | -1.1 | -1.1 | 0.2 | -0.7 | -2.4 | -1.8 | 0.4 | -0.5 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | -0.2 | -0.4 | -0.2 | -0.0 | -1.3 | -0.2 | -0.1 | -0.3 | -0.2 | 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) | FA413065035 | 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 | FA673065005 | 17.4 | 14.2 | -12.2 | 89.1 | -29.6 | 115.3 | -62.5 | -30.4 | -71.2 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | -8.9 | 2.5 | -7.1 | 1.2 | -1.9 | -16.2 | -10.9 | -14.6 | 13.1 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 20.2 | 18.9 | -15.0 | 38.2 | -46.9 | -92.3 | -11.3 | 47.1 | -3.7 | 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 11, 2021