Financial Accounts of the United States - Z.1
F.126 Agency- and GSE-backed mortgage pools1
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net acquisition of financial assets | FA413065005 | 182.7 | 173.9 | 165.3 | 177.4 | 174.1 | 151.9 | 201.1 | 189.4 | 118.7 |
| Line 2 | One-to-four-family residential mortgages | FA413065105 | 174.1 | 172.5 | 173.0 | 178.2 | 179.9 | 149.5 | 197.8 | 209.7 | 135.2 |
| Line 3 | Multifamily residential mortgages | FA413065405 | 8.0 | 1.1 | -8.1 | -1.0 | -6.5 | 1.8 | 2.6 | -19.9 | -16.8 |
| Line 4 | Commercial mortgages | FA413065505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 5 | Farm mortgages | FA413065605 | 0.7 | 0.3 | 0.3 | 0.2 | 0.6 | 0.6 | 0.8 | -0.3 | 0.3 |
| Line 6 | Net increase in pool securities (liabilities)2 | FA413065005 | 182.7 | 173.9 | 165.3 | 177.4 | 174.1 | 151.9 | 201.1 | 189.4 | 118.7 |
Notes:
- Ginnie Mae, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (F.126) are consolidated on Fannie Mae's and Freddie Mac's balance sheets (table F.125). Also includes agency- and GSE-backed mortgage pool securities that are used as collateral for agency- and GSE-backed CMOs and privately issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans and advances.
- Such issues are classified as agency- and GSE-backed securities.
Last Update: 2026-03-19