[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b72._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


Table B-72.--Mortgage debt outstanding by holder, 1940-95
[Billions of dollars]
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Major financial institutions                  Other holders
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End of year  or quarter                         Total                                             Life    Federal and  Individuals
Total       Savings      Commercial  insurance     related       and
institutions\1\   banks\2\   companies  agencies\3\   others\4\
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1940..............................................................      36.5      19.5           9.0           4.6         6.0         4.9         12.0
1941..............................................................      37.6      20.7           9.4           4.9         6.4         4.7         12.2
1942..............................................................      36.7      20.7           9.2           4.7         6.7         4.3         11.7
1943..............................................................      35.3      20.2           9.0           4.5         6.7         3.6         11.5
1944..............................................................      34.7      20.2           9.1           4.4         6.7         3.0         11.5
1945..............................................................      35.5      21.0           9.6           4.8         6.6         2.4         12.1
1946..............................................................      41.8      26.0          11.5           7.2         7.2         2.0         13.8
1947..............................................................      48.9      31.8          13.8           9.4         8.7         1.8         15.3
1948..............................................................      56.2      37.8          16.1          10.9        10.8         1.8         16.6
1949..............................................................      62.7      42.9          18.3          11.6        12.9         2.3         17.5

1950..............................................................      72.8      51.7          21.9          13.7        16.1         2.8         18.4
1951..............................................................      82.3      59.5          25.5          14.7        19.3         3.5         19.3
1952..............................................................      91.4      66.9          29.8          15.9        21.3         4.1         20.4
1953..............................................................     101.3      75.1          34.9          16.9        23.3         4.6         21.7
1954..............................................................     113.7      85.7          41.1          18.6        26.0         4.8         23.2
1955..............................................................     129.9      99.3          48.9          21.0        29.4         5.3         25.3
1956..............................................................     144.5     111.2          55.5          22.7        33.0         6.2         27.1
1957..............................................................     156.5     119.7          61.2          23.3        35.2         7.7         29.1
1958..............................................................     171.8     131.5          68.9          25.5        37.1         8.0         32.3
1959..............................................................     190.8     145.5          78.1          28.1        39.2        10.2         35.1

1960..............................................................     207.5     157.6          87.0          28.8        41.8        11.5         38.4
1961..............................................................     228.0     172.6          98.0          30.4        44.2        12.2         43.1
1962..............................................................     251.4     192.5         111.1          34.5        46.9        12.6         46.3
1963..............................................................     278.5     217.1         127.2          39.4        50.5        11.8         49.5
1964..............................................................     305.9     241.0         141.9          44.0        55.2        12.2         52.7
1965..............................................................     333.3     264.6         154.9          49.7        60.0        13.5         55.2
1966..............................................................     356.5     280.8         161.8          54.4        64.6        17.5         58.2
1967..............................................................     381.2     298.8         172.3          59.0        67.5        20.9         61.4
1968..............................................................     411.1     319.9         184.3          65.7        70.0        25.1         66.1
1969..............................................................     441.6     339.1         196.4          70.7        72.0        31.1         71.4

1970..............................................................     473.7     355.9         208.3          73.3        74.4        38.3         79.4
1971..............................................................     524.2     394.2         236.2          82.5        75.5        46.4         83.6
1972..............................................................     597.4     450.0         273.7          99.3        76.9        54.6         92.8
1973..............................................................     672.6     505.4         305.0         119.1        81.4        64.8        102.4
1974..............................................................     732.5     542.6         324.2         132.1        86.2        82.2        107.7
1975..............................................................     791.9     581.2         355.8         136.2        89.2       101.1        109.6
1976..............................................................     878.6     647.5         404.6         151.3        91.6       116.7        114.4
1977..............................................................   1,010.3     745.2         469.4         179.0        96.8       140.5        124.6
1978..............................................................   1,163.0     848.2         528.0         214.0       106.2       170.6        144.3
1979..............................................................   1,328.4     938.2         574.6         245.2       118.4       216.0        174.3

1980..............................................................   1,463.0     996.8         603.1         262.7       131.1       256.8        209.4
1981..............................................................   1,572.8   1,040.5         618.5         284.2       137.7       289.4        242.9
1982..............................................................   1,650.7   1,021.3         578.1         301.3       142.0       355.4        273.9
1983..............................................................   1,841.9   1,108.2         626.7         330.5       151.0       433.4        300.3
1984..............................................................   2,071.1   1,245.9         709.7         379.5       156.7       490.6        334.6
1985..............................................................   2,334.2   1,361.5         760.5         429.2       171.8       581.9        390.8
1986..............................................................   2,635.1   1,474.3         778.0         502.5       193.8       733.7        427.0
1987..............................................................   2,985.3   1,665.3         860.5         592.4       212.4       858.9        461.1
1988..............................................................   3,280.3   1,831.5         924.6         674.0       232.9       937.8        511.1
1989..............................................................   3,582.1   1,931.5         910.3         767.1       254.2     1,067.3        583.3

1990..............................................................   3,803.7   1,914.3         801.6         844.8       267.9     1,258.9        630.5
1991..............................................................   3,962.6   1,846.7         705.4         876.1       265.3     1,422.6        693.2
1992..............................................................   4,094.1   1,769.2         628.0         894.5       246.7     1,558.3        766.6
1993..............................................................   4,269.0   1,767.8         598.3         940.4       229.1     1,684.2        816.9
1994..............................................................   4,475.2   1,815.8         596.2       1,004.3       215.3     1,791.3        868.2

1993:I............................................................   4,104.1   1,753.3         617.2         891.8       244.4     1,586.9        763.9
II............................................................   4,154.2   1,765.7         612.4         911.0       242.2     1,600.3        788.2
III...........................................................   4,212.9   1,770.0         609.7         922.7       237.6     1,636.7        806.3
IV............................................................   4,269.0   1,767.8         598.3         940.4       229.1     1,684.2        816.9

1994:I............................................................   4,301.1   1,746.4         584.5         937.9       224.0     1,727.0        827.7
II............................................................   4,360.3   1,763.2         585.7         956.8       220.7     1,759.9        837.2
III...........................................................   4,419.4   1,786.1         587.5         981.4       217.2     1,780.8        852.5
IV............................................................   4,475.2   1,815.8         596.2       1,004.3       215.3     1,791.3        868.2

1995:I............................................................   4,517.2   1,841.8         601.8       1,024.9       215.2     1,796.2        879.3
II............................................................   4,585.6   1,868.2         599.7       1,053.0       215.4     1,812.1        905.3
III p.........................................................   4,654.6   1,895.3         604.6       1,072.8       217.9     1,841.1        918.2
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\1\ Includes savings banks and savings and loan associations. Data reported by Federal Savings and Loan Insurance Corporation-insured institutions
include loans in process for 1987 and exclude loans in process beginning 1988.
\2\Includes loans held by nondeposit trust companies, but not by bank trust departments.
\3\Includes Government National Mortgage Association (GNMA), Federal Housing Administration, Veterans Administration, Farmers Home Administration
(FmHA), and in earlier years Reconstruction Finance Corporation, Homeowners Loan Corporation, Federal Farm Mortgage Corporation, and Public Housing
Administration. Also includes U.S.-sponsored agencies such as Federal National Mortgage Association (FNMA), Federal Land Banks, Federal Home Loan
Mortgage Corporation (FHLMC), and mortgage pass-through securities issued or guaranteed by GNMA, FHLMC, FNMA or FmHA. Other U.S. agencies (amounts
small or current separate data not readily available) included with ``individuals and others.''
\4\Includes private mortgage pools.

Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.