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 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; total mortgages; asset | FA893065005 | 587.5 | 564.3 | 598.1 | 532.6 | 528.2 | 764.3 | 567.2 | 675.4 | 570.6 | 1 |
| All sectors; one-to-four-family residential mortgages; asset | FA893065105 | 331.8 | 310.0 | 302.6 | 255.7 | 326.7 | 358.5 | 269.3 | 374.5 | 332.2 | 2 |
| All sectors; multifamily residential mortgages; asset | FA893065405 | 122.3 | 121.9 | 138.0 | 103.3 | 97.4 | 191.1 | 160.3 | 78.8 | 137.8 | 3 |
| All sectors; commercial mortgages; asset | FA893065505 | 123.2 | 122.9 | 136.4 | 152.9 | 83.1 | 193.4 | 116.2 | 207.4 | 85.8 | 4 |
| All sectors; farm mortgages; asset | FA893065603 | 10.2 | 9.5 | 21.1 | 20.8 | 21.0 | 21.3 | 21.3 | 14.7 | 14.7 | 5 |
| All sectors; total mortgages; asset | FA893065005 | 587.5 | 564.3 | 598.1 | 532.6 | 528.2 | 764.3 | 567.2 | 675.4 | 570.6 | 6 |
| Households and nonprofit organizations; total mortgages; liability | FA153165005 | 289.5 | 299.0 | 295.0 | 253.3 | 318.5 | 342.9 | 265.2 | 362.0 | 326.1 | 7 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 292.5 | 281.2 | 300.7 | 287.1 | 212.9 | 419.3 | 283.5 | 309.7 | 252.8 | 8 |
| Nonfinancial corporate business; total mortgages; liability | FA103165005 | -39.2 | 59.7 | 46.9 | 81.2 | 12.9 | 73.0 | 20.3 | 61.7 | 32.5 | 9 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 331.7 | 221.5 | 253.8 | 205.9 | 200.0 | 346.2 | 263.2 | 248.0 | 220.3 | 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 | 5.6 | -15.8 | 2.4 | -7.7 | -3.2 | 2.2 | 18.5 | 3.7 | -8.3 | 12 |
| All sectors; total mortgages; asset | FA893065005 | 587.5 | 564.3 | 598.1 | 532.6 | 528.2 | 764.3 | 567.2 | 675.4 | 570.6 | 13 |
| Households and nonprofit organizations; total mortgages; asset | FA153065005 | -10.1 | -12.9 | -10.6 | -10.8 | -10.8 | -10.8 | -10.2 | -11.9 | -13.4 | 14 |
| Nonfinancial corporate business; total mortgages; asset | FA103065003 | 2.4 | 2.0 | 0.1 | 1.1 | 1.1 | 1.1 | -2.7 | 15.7 | 1.1 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | 8.4 | 3.8 | 3.2 | 3.1 | 2.8 | 3.7 | 3.3 | 14.5 | 6.2 | 16 |
| Federal government; total mortgages; asset | FA313065005 | 0.2 | 3.4 | 0.6 | 3.0 | -13.0 | 11.2 | 1.3 | 6.1 | 5.6 | 17 |
| Federal government; total mortgages held by Ginnie Mae; asset | FA313065015 | -1.5 | -0.4 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.2 | -0.2 | 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) | FA313065075 | 0.9 | 3.2 | 0.1 | 2.3 | -13.6 | 10.7 | 0.9 | 6.3 | 5.4 | 19 |
| Federal government; total mortgages held by FHA; asset | FA313065035 | 0.7 | 0.6 | 0.9 | 1.0 | 0.8 | 0.9 | 0.8 | 0.0 | 0.4 | 20 |
| Federal government; total mortgages held by FDIC; asset | FA313065065 | 0.1 | -0.1 | -0.0 | -0.0 | 0.0 | -0.1 | -0.1 | 0.0 | -0.1 | 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 | 2.9 | -8.4 | 5.2 | 4.4 | -37.7 | 21.7 | 32.5 | -50.7 | 13.6 | 23 |
| Private depository institutions; total mortgages; asset | FA703065005 | 216.0 | 170.3 | 215.6 | 152.6 | 245.2 | 204.2 | 260.5 | 253.9 | 88.7 | 24 |
| U.S.-chartered depository institutions; total mortgages; asset | FA763065005 | 164.7 | 122.2 | 172.0 | 122.3 | 203.1 | 157.9 | 204.5 | 177.1 | 30.2 | 25 |
| Foreign banking offices in the U.S.; total mortgages; asset | FA753065005 | 9.0 | 8.1 | 3.5 | 0.9 | 2.1 | 10.1 | 0.9 | 8.8 | -5.3 | 26 |
| Banks in U.S.-affiliated areas; total mortgages; asset | FA743065003 | 0.3 | -1.7 | -1.5 | -1.6 | -1.1 | -2.2 | -1.1 | -2.7 | 2.1 | 27 |
| Credit unions; one-to-four-family residential mortgages; asset | FA473065100 | 42.1 | 41.8 | 41.7 | 30.9 | 41.0 | 38.4 | 56.2 | 70.8 | 61.6 | 28 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FA513065505 | 2.4 | 2.7 | 2.4 | 1.4 | 0.4 | -0.3 | 8.0 | 3.2 | 0.5 | 29 |
| Life insurance companies; total mortgages; asset | FA543065005 | 41.2 | 61.4 | 51.1 | 59.8 | 35.7 | 59.0 | 49.8 | 43.0 | 11.9 | 30 |
| Private pension funds; total mortgages; asset | FA573065005 | 4.4 | -2.8 | 1.3 | 1.2 | 1.1 | 1.6 | 1.4 | 2.5 | 0.9 | 31 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -7.6 | 5.4 | -0.5 | 2.1 | -1.0 | -1.2 | -1.9 | 4.0 | -0.1 | 32 |
| Government-sponsored enterprises; total mortgages; asset | FA403065005 | 174.4 | 145.1 | 180.0 | 132.7 | 169.7 | 250.1 | 167.2 | 271.4 | 588.2 | 33 |
| Government-sponsored enterprises; total mortgages held by Fannie Mae (includes all GSEs before 2000:Q4); asset | FA403065015 | 94.9 | 70.3 | 77.5 | 47.5 | 69.5 | 118.3 | 74.6 | 133.9 | 372.5 | 34 |
| Government-sponsored enterprises; total mortgages held by Freddie Mac; asset | FA403065025 | 68.5 | 59.1 | 85.1 | 75.6 | 83.6 | 113.6 | 67.7 | 117.7 | 203.9 | 35 |
| Government-sponsored enterprises; total mortgages held by Farm Credit System; asset | FA403065045 | 5.1 | 6.9 | 6.0 | -1.2 | 5.8 | 7.3 | 12.1 | 6.8 | 15.8 | 36 |
| Government-sponsored enterprises; total mortgages held by FHLB; asset | FA403065035 | 5.4 | 8.7 | 9.9 | 8.9 | 9.7 | 10.0 | 11.2 | 11.4 | -6.7 | 37 |
| Government-sponsored enterprises; farm mortgages held by Farmer Mac; asset | FA403065653 | 0.5 | 0.1 | 1.4 | 1.9 | 1.1 | 1.0 | 1.6 | 1.6 | 2.7 | 38 |
| Agency-and GSE-backed mortgage pools; total mortgages; asset | FA413065005 | 193.8 | 165.9 | 114.7 | 115.8 | 107.1 | 98.4 | 137.3 | 119.5 | -42.9 | 39 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Ginnie Mae pool; asset | FA413065015 | 146.6 | 128.8 | 75.3 | 87.4 | 77.0 | 49.0 | 87.9 | 107.2 | -48.5 | 40 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Freddie Mac pool; asset | FA413065025 | 49.9 | 40.9 | 39.9 | 28.8 | 30.3 | 49.7 | 51.0 | 12.7 | 5.9 | 41 |
| Agency-and GSE-backed mortgage pools; total mortgages held in a Fannie Mae pool; asset | FA413065045 | -1.8 | -3.6 | -0.2 | -0.3 | -0.2 | -0.2 | -0.2 | -0.2 | -0.2 | 42 |
| Agency-and GSE-backed mortgage pools; farm mortgages held in a Farmer Mac pool; asset | FA413065653 | -1.0 | -0.2 | -0.4 | -0.0 | -0.0 | -0.0 | -1.3 | -0.2 | -0.1 | 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 | -33.6 | 17.4 | 14.1 | 13.0 | -14.0 | 87.7 | -30.4 | 112.9 | -68.1 | 45 |
| Finance companies; total mortgages; asset | FA613065000 | -14.4 | -8.9 | 2.5 | 14.0 | -3.3 | 1.2 | -1.9 | -16.2 | -10.9 | 46 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 7.1 | 20.2 | 18.5 | 39.3 | 45.0 | 36.9 | -47.1 | -92.5 | -10.9 | 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: September 21, 2020