Mortgage Debt Outstanding

Release Date: March 2019
Mortgage Debt Outstanding (Table 1.54)  Historical data (CSV)
Millions of dollars, end of period
Type of holder and property 2014 2015 2016 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4
1 All holders 13,500,05513,876,22114,352,02114,898,63314,987,96215,149,84715,290,55615,419,529
 
  By type of property  
2 One- to four- family residences 9,947,95810,080,08510,298,27710,600,62310,641,10610,725,87910,823,98010,882,440
3 Multifamily residences 1 993,1901,094,9971,202,6931,309,9191,327,4731,351,1001,382,9881,415,738
4 Nonfarm, nonresidential 2,362,1072,492,3402,625,0512,749,9912,778,1282,828,4202,835,9142,870,451
5 Farm 196,800208,800226,000238,100241,256244,447247,674250,900
 
  By type of holder  
6 Major financial institutions 4,546,8434,804,8695,096,0625,307,8305,341,1645,396,3145,437,6415,473,938
7 Depository Institutions 2 4,158,6704,374,1944,630,6014,801,1644,824,9864,868,6554,897,6104,920,378
8 One- to four-family 2,410,7022,451,2042,526,2092,572,9892,572,9072,585,4342,603,2892,600,930
9 Multifamily residences 327,177379,358424,830450,457459,206466,611475,295480,049
10 Nonfarm, nonresidential 1,347,3141,464,2231,594,9791,688,6781,702,6791,725,2341,726,4521,745,621
11 Farm 73,47779,40984,58389,04090,19491,37692,57493,778
12 Life insurance companies 388,173430,675465,461506,666516,178527,659540,031553,560
13 One- to four-family 15,03819,30822,84626,28326,90627,71128,56629,495
14 Multifamily residences 56,85962,74767,54773,36574,74376,40378,19580,227
15 Nonfarm, nonresidential 303,876336,120361,868393,111400,438409,268418,804429,184
16 Farm 12,40012,50013,20013,90714,09114,27714,46614,654
 
17 Federal and related agencies 4,987,6545,036,5765,146,8845,314,9295,338,3945,369,8025,415,4325,456,148
18 Government National Mortgage Association 5,3724,6554,6553,1663,0662,9622,8762,793
19 One- to four-family 5,3724,6554,6553,1663,0662,9622,8762,793
20 Multifamily residences 00000000
21 Farmers Home Administration3 102,05499,998101,571102,469102,903103,864104,558105,713
22 One- to four-family 14,90014,65914,35614,11314,03113,96213,96913,970
23 Multifamily residences 10,42610,24810,0999,9159,8679,8219,7689,739
24 Nonfarm, nonresidential 71,53769,22970,65671,34971,76872,62373,16674,150
25 Farm 5,1905,8626,4597,0927,2377,4587,6557,854
26 Feder Housing Admin. and Dept. of Veterans Affairs 9,07311,65413,35714,06914,15714,30014,45114,624
27 One- to four-family 6,3509,05510,86811,75311,93012,08012,24912,438
28 Multifamily residences 2,7232,5992,4892,3152,2262,2192,2032,186
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 696173851,5152,4841,9901,9211,400
35 One- to four-family 165532611636393321
36 Multifamily residences 13004811,1961,2481,209823
37 Nonfarm, nonresidential 518120589181,253703679556
38 Farm 00000000
39 Federal National Mortgage Association 3,019,3003,010,7533,063,6463,155,7033,176,7033,186,6003,209,1553,223,783
40 One- to four-family 2,832,0002,812,4112,833,7502,890,6342,907,3872,910,8032,924,8572,929,925
41 Multifamily residences 187,300198,342229,896265,069269,316275,797284,298293,858
42 Federal Land Banks 105,480114,930121,594126,711126,626128,566130,532132,184
43 One- to four-family 16,68018,23017,89417,45915,92616,40116,88717,059
44 Farm 88,80096,700103,700109,252110,700112,165113,645115,125
45 Federal Home Loan Mortgage Corporation 1,699,3521,746,6671,790,1881,853,6541,853,7331,870,4331,888,0101,909,846
46 One- to four-family 1,645,8721,695,8691,744,7231,811,6681,817,2631,835,1601,852,6311,870,839
47 Multifamily residences 53,48050,79845,46541,98636,47035,27335,37939,007
48 Federal Home Loan Banks 43,49444,48848,40853,76854,85557,17260,04461,800
49 One- to four-family 43,49444,48848,40853,76854,85557,17260,04461,800
50 Multifamily residences 00000000
51 Federal Agricultural Mortgage Corporation 2,8333,2583,3803,8743,8673,9163,8854,005
52 Farm 2,8333,2583,3803,8743,8673,9163,8854,005
 
53 Mortgage pools or trusts4 2,742,6062,791,6132,827,6112,973,9793,003,7543,068,3943,106,0973,142,455
54 Government National Mortgage Association 1,541,6331,643,0431,766,7601,913,4061,940,1401,970,8322,008,2012,042,243
55 One- to four-family 1,452,0901,548,7691,667,5021,804,7641,829,2731,857,5641,892,9981,924,443
56 Multifamily residences 89,54394,27499,258108,642110,867113,268115,203117,800
57 Federal Home Loan Mortgage Corporation 87,096114,193150,227200,169211,398219,612227,544241,049
58 One- to four-family 5,8005,4095,01610,81712,20813,58715,35517,782
59 Multifamily residences 81,296108,784145,211189,352199,190206,025212,189223,267
60 Federal National Mortgage Association 18,13815,88413,29011,5018,5788,3088,0857,875
61 One- to four-family 16,87114,65812,13110,4267,4947,2307,0356,850
62 Multifamily residences 1,2671,2261,1591,0751,0841,0781,0501,025
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 1,094,1021,016,161894,653847,197842,041868,029860,652849,821
69 One- to four-family5 699,607602,610518,442475,936467,673473,421471,444464,462
70 Multifamily residences 68,41462,01747,85743,49941,74941,26743,87043,363
71 Nonfarm, nonresidential 326,082351,534328,355327,763332,620353,342345,337341,995
72 Farm 00000000
73 Federal Agricultural Mortgage Corporation 1,6372,3322,6811,7061,5971,6131,6151,467
74 Farm 1,6372,3322,6811,7061,5971,6131,6151,467
 
75 Individuals and others 6 1,222,9531,243,1641,281,4641,301,8951,304,6501,315,3361,331,3861,346,988
76 One- to four-family 783,017838,707871,450896,731900,151912,354921,747929,633
77 Multifamily residences 114,693124,604128,883123,763121,559122,090124,329124,394
78 Nonfarm, nonresidential 312,780271,114269,134268,172269,370267,250271,476278,944
79 Farm 12,4638,73911,99713,22913,57013,64213,83414,017
  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.
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Last Update: March 8, 2019