Financial Accounts of the United States - Z.1
L.126 Agency- and GSE-backed mortgage pools1
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL413065005 | 2870.7 | 3044.6 | 3209.9 | 2994.4 | 3044.6 | 3078.0 | 3127.1 | 3172.7 | 3209.9 |
| Line 2 | One-to-four-family residential mortgages | FL413065105 | 2396.7 | 2569.2 | 2742.3 | 2517.6 | 2569.2 | 2602.0 | 2650.3 | 2701.0 | 2742.3 |
| Line 3 | Multifamily residential mortgages | FL413065405 | 472.1 | 473.2 | 465.1 | 474.8 | 473.2 | 473.6 | 474.3 | 469.3 | 465.1 |
| Line 4 | Commercial mortgages | FL413065505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 5 | Farm mortgages | FL413065605 | 1.9 | 2.1 | 2.5 | 2.0 | 2.1 | 2.3 | 2.5 | 2.4 | 2.5 |
| Line 6 | Total pool securities (liabilities)2 | FL413065005 | 2870.7 | 3044.6 | 3209.9 | 2994.4 | 3044.6 | 3078.0 | 3127.1 | 3172.7 | 3209.9 |
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 (L.126) are consolidated on Fannie Mae's and Freddie Mac's balance sheets (table L.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