L.125 Government-Sponsored Enterprises (GSEs) (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 Line
Government-sponsored enterprises; total financial assets FL404090005 8292.2 9187.9 8517.6 8765.5 8982.8 9187.9 9539.7 9409.1 9344.1 1
Government-sponsored enterprises; checkable deposits and currency; asset FL403020005 62.6 69.1 52.5 54.3 44.7 69.1 73.7 63.4 60.6 2
Government-sponsored enterprises; total time and savings deposits; asset FL403030005 6.6 22.9 7.5 10.3 13.5 22.9 25.1 30 28.1 3
Government-sponsored enterprises; federal funds and security repurchase agreements; asset FL402050005 209.7 252.2 218.2 277.3 304.5 252.2 363.1 376.6 304.1 4
Government-sponsored enterprises; debt securities; asset LM404022005 430.2 395.6 432.8 404.5 398.9 395.6 407.9 421.6 427.2 5
Government-sponsored enterprises; commercial paper; asset FL403069105 4.7 10.2 6.4 7.9 9.8 10.2 9.3 10 11 6
Government-sponsored enterprises; Treasury securities; asset LM403061105 202.4 155.6 210.4 180.6 168.3 155.6 149.8 151.5 150.9 7
Government-sponsored enterprises; agency- and GSE-backed securities; asset LM403061705 208.4 215.1 201.5 201.6 206.2 215.1 233.5 244.1 248.8 8
Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset LM403062005 2.4 2.2 2.4 2.2 2.2 2.2 2.2 2.1 2.1 9
Government-sponsored enterprises; corporate and foreign bonds; asset LM403063005 12.3 12.6 12.1 12.2 12.4 12.6 13.2 13.9 14.5 10
Government-sponsored enterprises; loans; asset FL404023005 7423.9 8326.2 7661.2 7898.3 8107.6 8326.2 8551.4 8399.3 8399.2 11
Government-sponsored enterprises; FHLB, Farm Credit System, and Sallie Mae loans and advances; asset FL403069305 499.9 1002.7 551 692.3 833.4 1002.7 1229.5 1043.1 998.4 12
Government-sponsored enterprises; Sallie Mae loans; asset FL403069385 0 0 0 0 0 0 0 0 0 13
Government-sponsored enterprises; Farm Credit System loans; asset FL403069345 164.4 182.3 177.9 172 172.6 182.3 187.4 188.1 193.1 14
Government-sponsored enterprises; FHLB advances; asset FL403069330 335.4 820.4 373.1 520.3 660.8 820.4 1042.1 855 805.4 15
Government-sponsored enterprises; total mortgages; asset FL403065005 6924.1 7323.6 7110.2 7206 7274.2 7323.6 7321.9 7356.2 7400.8 16
Government-sponsored enterprises; one-to-four-family residential mortgages; asset FL403065105 6312.7 6660.6 6490.5 6579.5 6639.5 6660.6 6652.1 6671.3 6699.4 17
Government-sponsored enterprises; securitized one-to-four-family residential mortgages; asset (2) FL403065195 6136.1 6497.7 6316.6 6406.8 6477.5 6497.7 6494 6514.7 6539.8 18
Government-sponsored enterprises; other one-to-four-family residential mortgages; asset FL403065185 176.6 162.9 173.9 172.7 162 162.9 158.1 156.6 159.6 19
Government-sponsored enterprises; multifamily residential mortgages; asset FL403065405 445 489.4 451.5 456.2 462.9 489.4 493.9 506.3 520.2 20
Government-sponsored enterprises; securitized multifamily residential mortgages; asset (2) FL403065495 421 461.2 430.6 439 445.5 461.2 470.5 483.7 497.8 21
Government-sponsored enterprises; other multifamily residential mortgages; asset FL403065485 23.9 28.2 20.8 17.2 17.4 28.2 23.5 22.5 22.4 22
Government-sponsored enterprises; farm mortgages; asset FL403065605 166.4 173.6 168.2 170.2 171.8 173.6 176 178.7 181.2 23
Government-sponsored enterprises; consumer credit held by Sallie Mae; asset FL403066005 0 0 0 0 0 0 0 0 0 24
Government-sponsored enterprises; unidentified miscellaneous assets FL403093005 159.2 121.7 145.5 120.9 113.6 121.7 118.6 118.3 125 25
Government-sponsored enterprises; total liabilities FL404190005 8250.5 9057.7 8447.5 8667.6 8869 9057.7 9389.6 9280.7 9201.4 26
Government-sponsored enterprises; federal funds and security repurchase agreements; liability FL402150005 0 0 0 0 0 0 0 0 0 27
Government-sponsored enterprises; GSE issues; liability (3) FL403161705 8177.6 8970.8 8372.6 8591.9 8785.7 8970.8 9303.7 9189.4 9098.3 28
Government-sponsored enterprises; securitized GSE issues; liability (2) FL403161795 6557.1 6958.9 6747.2 6845.8 6923 6958.9 6964.4 6998.4 7037.6 29
Government-sponsored enterprises; other GSE issues; liability FL403161785 1620.4 2011.9 1625.4 1746.1 1862.7 2011.9 2339.3 2191 2060.7 30
Government-sponsored enterprises; U.S. government loans to Sallie Mae; liability FL403169283 0 0 0 0 0 0 0 0 0 31
Government-sponsored enterprises; total miscellaneous liabilities FL403190005 72.9 86.9 74.9 75.7 83.3 86.9 85.9 91.3 103.1 32
Government-sponsored enterprises; equity in government-sponsored enterprises (GSEs); liability FL403192405 40.9 60.8 42.3 48.5 54.3 60.8 72.4 67.1 65 33

NOTES

  1. Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (L.126) are consolidated on Fannie Mae's and Freddie Mac's balance sheets (L.125).
  2. Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.
  3. Such issues are classified as agency- and GSE-backed securities.
Last Update: December 7, 2023