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 | 2020 | 2021 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FL893065005 | 16789.7 | 18062.1 | 19334.0 | 17638.6 | 18062.1 | 18325.3 | 18741.5 | 19065.7 | 19334.0 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FL893065105 | 11651.5 | 12542.9 | 13365.3 | 12276.0 | 12542.9 | 12698.5 | 12975.2 | 13200.6 | 13365.3 | 2 |
| All sectors; multifamily residential mortgages; asset | FL893065405 | 1754.6 | 1884.9 | 2047.1 | 1836.4 | 1884.9 | 1925.1 | 1967.0 | 2007.2 | 2047.1 | 3 |
| All sectors; commercial mortgages; asset | FL893065505 | 3095.0 | 3310.1 | 3572.5 | 3210.9 | 3310.1 | 3371.3 | 3462.7 | 3515.1 | 3572.5 | 4 |
| All sectors; farm mortgages; asset | FL893065603 | 288.6 | 324.3 | 349.1 | 315.3 | 324.3 | 330.4 | 336.6 | 342.8 | 349.1 | 5 |
| All sectors; total mortgages; asset | FL893065005 | 16789.7 | 18062.1 | 19334.0 | 17638.6 | 18062.1 | 18325.3 | 18741.5 | 19065.7 | 19334.0 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FL153165005 | 11179.1 | 12015.5 | 12778.2 | 11763.4 | 12015.5 | 12153.3 | 12412.1 | 12622.6 | 12778.2 | 7 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 5384.6 | 5799.0 | 6292.6 | 5666.6 | 5799.0 | 5919.4 | 6072.8 | 6179.3 | 6292.6 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 912.7 | 1037.4 | 1207.7 | 1001.6 | 1037.4 | 1073.1 | 1130.5 | 1167.9 | 1207.7 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FL113165005 | 4471.9 | 4761.6 | 5084.9 | 4665.1 | 4761.6 | 4846.3 | 4942.2 | 5011.5 | 5084.9 | 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 | 226.1 | 247.6 | 263.2 | 208.6 | 247.6 | 252.6 | 256.7 | 263.8 | 263.2 | 12 |
| All sectors; total mortgages; asset | FL893065005 | 16789.7 | 18062.1 | 19334.0 | 17638.6 | 18062.1 | 18325.3 | 18741.5 | 19065.7 | 19334.0 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FL153065005 | 80.5 | 86.6 | 84.8 | 85.2 | 86.6 | 86.3 | 85.5 | 85.2 | 84.8 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 44.4 | 51.1 | 58.8 | 49.4 | 51.1 | 52.9 | 54.8 | 56.8 | 58.8 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FL113065005 | 55.0 | 58.7 | 62.6 | 58.0 | 58.7 | 59.9 | 61.0 | 61.8 | 62.6 | 16 |
| Federal government; total mortgages; asset | FL313065005 | 127.2 | 133.1 | 168.0 | 131.5 | 133.1 | 134.9 | 138.2 | 143.1 | 168.0 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FL313065015 | 2.3 | 2.0 | 23.2 | 2.0 | 2.0 | 1.9 | 1.8 | 1.8 | 23.2 | 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 | 108.3 | 111.7 | 116.0 | 110.3 | 111.7 | 112.2 | 113.3 | 114.0 | 116.0 | 19 |
| Federal government; total mortgages held by FHA; asset | FL313065035 | 16.6 | 19.5 | 28.7 | 19.2 | 19.5 | 20.9 | 23.1 | 27.3 | 28.7 | 20 |
| Federal government; total mortgages held by FDIC; asset | FL313065065 | 0.0 | 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 | 261.4 | 269.0 | 276.6 | 267.1 | 269.0 | 270.9 | 272.8 | 274.7 | 276.6 | 23 |
| Private depository institutions; total mortgages; asset | FL703065005 | 5741.1 | 5952.1 | 6492.6 | 5845.7 | 5952.1 | 5947.9 | 6162.8 | 6350.5 | 6492.6 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FL763065005 | 5027.1 | 5172.1 | 5689.6 | 5094.2 | 5172.1 | 5238.0 | 5419.8 | 5575.3 | 5689.6 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FL753065005 | 81.0 | 91.1 | 105.3 | 83.8 | 91.1 | 94.9 | 99.2 | 102.6 | 105.3 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FL743065003 | 22.9 | 21.4 | 21.7 | 21.8 | 21.4 | 21.3 | 21.3 | 21.7 | 21.7 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FL473065100 | 610.1 | 667.5 | 675.9 | 645.9 | 667.5 | 593.8 | 622.4 | 650.8 | 675.9 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 24.3 | 27.7 | 30.4 | 26.4 | 27.7 | 29.5 | 30.2 | 30.6 | 30.4 | 29 |
| Life insurance companies; total mortgages; asset | FL543065005 | 644.7 | 690.9 | 741.4 | 673.0 | 690.9 | 708.1 | 722.9 | 730.6 | 741.4 | 30 |
| Private pension funds; total mortgages; asset | FL573065005 | 24.4 | 24.8 | 25.0 | 24.7 | 24.8 | 24.8 | 24.9 | 25.0 | 25.0 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 7.0 | 6.9 | 7.5 | 7.0 | 6.9 | 6.7 | 6.4 | 7.4 | 7.5 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FL403065005 | 6142.5 | 6924.1 | 7323.8 | 6736.7 | 6924.1 | 7110.2 | 7206.0 | 7274.2 | 7323.8 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FL403065015 | 3589.9 | 3899.0 | 4075.6 | 3833.2 | 3899.0 | 3989.5 | 4039.7 | 4058.7 | 4075.6 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FL403065025 | 2328.0 | 2789.8 | 3003.0 | 2673.4 | 2789.8 | 2883.3 | 2925.5 | 2972.6 | 3003.0 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FL403065045 | 154.6 | 171.4 | 179.8 | 166.0 | 171.4 | 173.4 | 176.0 | 178.1 | 179.8 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FL403065035 | 62.8 | 55.5 | 56.3 | 56.1 | 55.5 | 55.5 | 55.8 | 56.1 | 56.3 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FL403065653 | 7.3 | 8.3 | 9.0 | 8.1 | 8.3 | 8.5 | 8.9 | 8.8 | 9.0 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FL413065005 | 2428.3 | 2501.8 | 2687.9 | 2474.7 | 2501.8 | 2534.7 | 2583.8 | 2637.4 | 2687.9 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FL413065015 | 2103.4 | 2149.2 | 2337.1 | 2125.6 | 2149.2 | 2182.3 | 2229.4 | 2284.5 | 2337.1 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FL413065025 | 318.7 | 346.7 | 345.1 | 343.4 | 346.7 | 346.6 | 348.6 | 347.1 | 345.1 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FL413065045 | 5.3 | 4.7 | 4.6 | 4.8 | 4.7 | 4.7 | 4.7 | 4.6 | 4.6 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FL413065653 | 0.9 | 1.2 | 1.2 | 0.9 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 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) | 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 | 833.3 | 883.9 | 895.6 | 844.6 | 883.9 | 898.1 | 908.5 | 911.2 | 895.6 | 45 |
| Finance companies; total mortgages; asset | FL613065000 | 110.0 | 104.3 | 101.0 | 105.4 | 104.3 | 102.9 | 102.2 | 101.7 | 101.0 | 46 |
| Real estate investment trusts; total mortgages; asset | FL643065005 | 265.7 | 347.3 | 378.2 | 309.3 | 347.3 | 357.5 | 381.5 | 375.7 | 378.2 | 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 9, 2023