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 | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 15463.9 | 16045.6 | 16783.4 | 15897.4 | 16045.6 | 16181.6 | 16328.4 | 16556.3 | 16783.4 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 10897.7 | 11188.7 | 11666.0 | 11117.4 | 11188.7 | 11255.1 | 11341.3 | 11509.3 | 11666.0 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1488.4 | 1623.0 | 1753.7 | 1585.7 | 1623.0 | 1645.2 | 1679.8 | 1711.1 | 1753.7 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 2832.0 | 2967.1 | 3085.0 | 2932.9 | 2967.1 | 3011.5 | 3034.5 | 3060.1 | 3085.0 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 245.7 | 266.8 | 278.7 | 261.5 | 266.8 | 269.8 | 272.7 | 275.7 | 278.7 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 15463.9 | 16045.6 | 16783.4 | 15897.4 | 16045.6 | 16181.6 | 16328.4 | 16556.3 | 16783.4 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 10473.4 | 10760.3 | 11222.8 | 10689.8 | 10760.3 | 10824.1 | 10908.5 | 11071.6 | 11222.8 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 4764.2 | 5061.0 | 5335.7 | 4987.3 | 5061.0 | 5132.2 | 5196.7 | 5259.6 | 5335.7 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 613.5 | 662.6 | 715.1 | 653.3 | 662.6 | 672.5 | 682.6 | 692.4 | 715.1 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4150.7 | 4398.5 | 4620.6 | 4334.0 | 4398.5 | 4459.7 | 4514.1 | 4567.1 | 4620.6 | 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 | 226.2 | 224.3 | 224.9 | 220.3 | 224.3 | 225.2 | 223.1 | 225.1 | 224.9 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 15463.9 | 16045.6 | 16783.4 | 15897.4 | 16045.6 | 16181.6 | 16328.4 | 16556.3 | 16783.4 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 84.6 | 82.1 | 77.4 | 82.6 | 82.1 | 81.0 | 79.5 | 78.5 | 77.4 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 34.2 | 36.7 | 39.4 | 36.1 | 36.7 | 37.4 | 38.0 | 38.7 | 39.4 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 49.0 | 51.8 | 54.4 | 51.1 | 51.8 | 52.7 | 53.6 | 54.4 | 54.4 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 123.2 | 123.8 | 127.2 | 123.5 | 123.8 | 125.3 | 126.7 | 125.7 | 127.2 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.8 | 2.5 | 2.3 | 2.6 | 2.5 | 2.4 | 2.4 | 2.3 | 2.3 | 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) | FL313065075 | 105.7 | 105.8 | 108.3 | 105.6 | 105.8 | 107.4 | 108.7 | 107.3 | 108.3 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 14.6 | 15.5 | 16.6 | 15.3 | 15.5 | 15.5 | 15.6 | 16.0 | 16.6 | 20 |
| Federal government; total mortgages held by FDIC; asset | FL313065065 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 258.6 | 257.5 | 262.8 | 256.1 | 257.5 | 254.1 | 257.3 | 260.6 | 262.8 | 23 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5442.4 | 5655.0 | 5740.6 | 5593.1 | 5655.0 | 5704.3 | 5738.6 | 5766.6 | 5740.6 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 4817.7 | 4987.3 | 5027.1 | 4939.8 | 4987.3 | 5020.5 | 5040.3 | 5056.9 | 5027.1 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 77.6 | 80.6 | 80.9 | 80.7 | 80.6 | 82.7 | 82.0 | 81.5 | 80.9 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 24.1 | 22.6 | 22.9 | 22.8 | 22.6 | 22.5 | 22.9 | 23.1 | 22.9 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 523.0 | 564.5 | 609.7 | 549.8 | 564.5 | 578.7 | 593.4 | 605.2 | 609.7 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 20.5 | 22.9 | 24.0 | 20.9 | 22.9 | 23.6 | 23.8 | 23.7 | 24.0 | 29 |
| Life insurance companies; total mortgages; asset | FL543065005 | 568.1 | 619.2 | 638.6 | 605.4 | 619.2 | 628.7 | 631.2 | 634.5 | 638.6 | 30 |
| Private pension funds; total mortgages; asset | FL573065005 | 23.8 | 25.1 | 26.9 | 24.8 | 25.1 | 25.8 | 26.1 | 26.4 | 26.9 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 12.3 | 8.4 | 9.2 | 9.2 | 8.4 | 8.8 | 9.2 | 9.2 | 9.2 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 5333.8 | 5510.7 | 6148.7 | 5460.5 | 5510.7 | 5567.1 | 5705.8 | 5891.3 | 6148.7 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3223.8 | 3300.0 | 3589.9 | 3280.2 | 3300.0 | 3330.7 | 3417.8 | 3493.7 | 3589.9 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 1909.8 | 1993.3 | 2328.0 | 1969.3 | 1993.3 | 2014.8 | 2063.4 | 2173.7 | 2328.0 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 133.6 | 139.6 | 154.6 | 136.6 | 139.6 | 141.3 | 145.3 | 149.1 | 154.6 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 62.5 | 72.4 | 69.0 | 69.4 | 72.4 | 74.5 | 72.9 | 67.9 | 69.0 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 4.0 | 5.4 | 7.3 | 5.0 | 5.4 | 5.8 | 6.5 | 6.8 | 7.3 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2292.3 | 2406.0 | 2428.3 | 2369.1 | 2406.0 | 2429.8 | 2417.6 | 2428.4 | 2428.3 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2042.2 | 2117.6 | 2103.4 | 2092.8 | 2117.6 | 2138.8 | 2125.6 | 2117.7 | 2103.4 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 241.0 | 281.0 | 318.7 | 268.2 | 281.0 | 284.1 | 285.6 | 304.3 | 318.7 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 7.5 | 6.4 | 5.3 | 6.6 | 6.4 | 5.8 | 5.3 | 5.4 | 5.3 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 1.5 | 1.1 | 0.9 | 1.4 | 1.1 | 1.1 | 1.0 | 1.0 | 0.9 | 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 | 851.2 | 855.3 | 837.0 | 860.8 | 855.3 | 876.8 | 861.1 | 850.6 | 837.0 | 45 |
| Finance companies; total mortgages; asset | FL613065000 | 114.8 | 117.2 | 110.0 | 118.9 | 117.2 | 115.3 | 111.8 | 107.9 | 110.0 | 46 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 255.0 | 273.9 | 258.8 | 285.6 | 273.9 | 250.8 | 248.0 | 259.7 | 258.8 | 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