skip to main navigation skip to secondary navigation skip to content
Board of Governors of the Federal Reserve System
skip to content

Mortgage Debt Outstanding

Current Release Historical data (CSV) About Release Dates

Release Date: December 2016

Mortgage Debt Outstanding (1.54) 
Millions of dollars, end of period
Type of holder and property 2012 2013 2014 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3
1 All holders 13,329,54313,335,16213,504,19313,743,72413,847,91813,912,63614,035,04014,187,529
 
  By type of property  
2 One- to four- family residences 10,035,4899,945,4249,944,55910,014,58510,042,12710,063,46910,122,97410,216,480
3 Multifamily residences 1 888,556923,450986,1151,052,8551,088,4711,106,5091,135,3791,151,949
4 Nonfarm, nonresidential 2,232,2992,281,0872,376,5192,469,9342,507,8212,532,1382,565,1472,606,531
5 Farm 173,200185,200197,000206,349209,500210,519211,539212,569
 
  By type of holder  
6 Major financial institutions 4,439,0244,409,4204,543,4484,711,2704,798,9314,852,7074,957,8625,033,041
7 Depository Institutions 2 4,094,5954,046,2214,158,6704,302,6914,374,1944,422,8874,518,9394,586,304
8 One- to four-family 2,525,4202,405,9832,422,0352,452,6502,466,6322,475,8122,517,9432,543,467
9 Multifamily residences 259,919288,997327,177363,108379,358388,608403,673414,152
10 Nonfarm, nonresidential 1,244,7181,282,3181,347,3141,423,4771,464,2231,494,0091,532,3861,563,250
11 Farm 64,53868,92362,14463,45663,98164,45864,93765,435
12 Life insurance companies 344,429363,199384,778408,579424,737429,820438,923446,737
13 One- to four-family 10,96511,32913,74715,93917,67217,97118,55719,039
14 Multifamily residences 51,05853,58956,36259,41260,61362,62263,94865,086
15 Nonfarm, nonresidential 270,906286,281301,226319,516332,640335,315342,406348,500
16 Farm 11,50012,00013,44313,71313,81313,91314,01314,113
 
17 Federal and related agencies 4,935,0074,993,2364,987,6545,031,7855,036,5765,046,4045,048,0825,085,907
18 Government National Mortgage Association 7,1826,5335,3724,8644,6554,4014,1533,883
19 One- to four-family 7,1826,5335,3724,8644,6554,4014,1533,883
20 Multifamily residences 00000000
21 Farmers Home Administration3 98,337101,437102,054100,33699,998100,342100,336100,390
22 One- to four-family 15,42315,08614,90014,74914,65914,58714,74914,523
23 Multifamily residences 10,70010,90710,42610,20810,24810,20810,2089,996
24 Nonfarm, nonresidential 67,62171,19971,53769,67669,22969,54969,67669,538
25 Farm 4,5934,2455,1905,7025,8625,9985,7026,332
26 Feder Housing Admin. and Dept. of Veterans Affairs 4,7136,5469,07311,47911,65412,48212,68913,128
27 One- to four-family 1,7213,7106,3508,8639,0559,90410,16410,596
28 Multifamily residences 2,9932,8362,7232,6162,5992,5782,5252,531
29 Resolution Trust Corporation 00000000
30 One- to four-family 00000000
31 Multifamily residences 00000000
32 Nonfarm, nonresidential 00000000
33 Farm 00000000
34 Federal Deposit Insurance Corporation 1,26495369626517315615794
35 One- to four-family 83628216510753423931
36 Multifamily residences 51181300000
37 Nonfarm, nonresidential 37765451815812011411863
38 Farm 00000000
39 Federal National Mortgage Association 2,978,6933,039,5593,019,3003,012,6893,010,7533,012,5693,013,8783,029,642
40 One- to four-family 2,790,2762,855,6682,832,0002,815,8842,812,4112,806,5902,803,2002,807,782
41 Multifamily residences 188,417183,891187,300196,805198,342205,979210,678221,860
42 Federal Land Banks 94,473100,751105,480110,527114,930115,961118,266120,346
43 One- to four-family 14,17315,45116,50320,00023,65323,93425,48926,819
44 Farm 80,30085,30088,97790,52791,27792,02792,77793,527
45 Federal Home Loan Mortgage Corporation 1,698,7911,690,4741,699,3521,743,7271,746,6671,752,6051,749,7401,768,182
46 One- to four-family 1,621,7741,630,8591,645,8721,687,7701,688,1221,699,5331,700,6121,720,846
47 Multifamily residences 77,01759,61553,48055,95758,54553,07249,12847,336
48 Federal Home Loan Banks 49,37544,41343,49444,74944,48844,68445,58446,943
49 One- to four-family 49,35544,41343,49444,74944,48844,68445,58446,943
50 Multifamily residences 200000000
51 Federal Agricultural Mortgage Corporation 2,1782,5702,8333,1493,2583,2043,2783,300
52 Farm 2,1782,5702,8333,1493,2583,2043,2783,300
 
53 Mortgage pools or trusts4 2,938,2342,768,7692,737,8602,763,1212,782,0352,776,1512,782,1352,799,084
54 Government National Mortgage Association 1,366,1931,480,0951,541,6331,608,7901,643,0431,663,2441,692,4931,728,091
55 One- to four-family 1,295,3151,398,4471,452,0901,516,3321,548,7691,568,2561,596,2501,630,903
56 Multifamily residences 70,87881,64889,54392,45894,27494,98896,24397,188
57 Federal Home Loan Mortgage Corporation 50,06171,26887,096102,162114,193122,474134,062131,000
58 One- to four-family 8,2426,4205,8005,2525,4095,2515,0174,621
59 Multifamily residences 41,81964,84881,29696,910108,784117,223129,045126,379
60 Federal National Mortgage Association 24,54920,38218,13816,13715,88415,44914,70414,056
61 One- to four-family 23,02419,06816,87114,89814,65814,23413,49612,853
62 Multifamily residences 1,5251,3141,2671,2391,2261,2151,2081,203
63 Farmers Home Administration3 00000000
64 One- to four-family 00000000
65 Multifamily residences 00000000
66 Nonfarm, nonresidential 00000000
67 Farm 00000000
68 Private mortgage conduits 1,495,5071,195,2571,089,3561,033,6631,006,583972,300938,161923,275
69 One- to four-family5 928,278787,294694,861617,365593,032581,579557,553543,381
70 Multifamily residences 79,61070,81968,41463,26462,01756,94255,05351,102
71 Nonfarm, nonresidential 487,619337,144326,082353,034351,534333,780325,555328,792
72 Farm 00000000
73 Federal Agricultural Mortgage Corporation 1,9241,7671,6372,3692,3322,6842,7152,662
74 Farm 1,9241,7671,6372,3692,3322,6842,7152,662
 
75 Individuals and others 6 1,017,2781,163,7371,235,2311,237,5481,230,3771,237,3731,246,9611,269,497
76 One- to four-family 743,505744,882774,499795,163798,859796,692810,167830,793
77 Multifamily residences 104,549104,968108,115110,878112,465113,074113,670115,115
78 Nonfarm, nonresidential 161,057303,492329,841304,074290,075299,372295,006296,388
79 Farm 8,16710,39522,77627,43428,97828,23628,11827,201
  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. Includes savings banks and savings and loan associations.  Return to table
  3. 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
  4. Outstanding principal balances of mortgage-backed securities insured or guaranteed by the agency indicated.  Return to table
  5. Includes securitized home equity loans.  Return to table
  6. 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. Private Mortgage Conduits from LoanPerformance Corporation and other sources.
 
Last update: December 8, 2016