ECONOMIC

TABLE B-66.— Mortgage debt outstanding by holder, 1939-76[Billions of dollars]Major financial institutionsOther holdersEnd of yearor quarterotalTotalMutualsavingsbanksSavingsandloanassociationsCommercialbanks iFederalandrelatedagencies'LifeinsurancecompaniesIndividualsandothers1939.35.518.63.84.84.35.75.011.91940..1941..1942..1943..1944..36.537.636.735.334.719.520.720.720.220.24.14.64.64.64.81.91.81.61.41.34.64.94.74.54.46.06.46.76.76.74.94.74.33.63.012.012.211.711.511.51945..1946..1947..1948..1949..35.541.848.956.262.721.026.031.837.842.95.47.18.910.311.6i1.21.44.95.86.74.87.29.410.911.66.67.28.710.812.92.42.01.81.82.312.113.815.316.617.51950..1951..1952..1953.1954..72.882.391.4101.3113.751.759.566.975.185.713.715.618.422.026.18.39.911.412.915.013.714.715.916.918.616.119.321.323.326.02.83.54.14.64.818.419.320.421.723.21955..1956.1957..1958.1959..129.9144.5156.5171.8190.899.3111.2119.7131.5145.531.435.740.045.653.117.519.721.223.325.021.022.723.325.528.129.433.035.237.139.25.36.27.78.010.225.327.129.132.335.1I960..1961.1962.1963..1964.207.5228.0251.4278.5305.9157.6172.6192.5217.1241.060.168.878.890.9101.326.929.132.336.240.628.830.434.539.444.041.844.246.950.555.211.512.212.611.812.238.443.146.349.552.71965.1966.1967.1968.1969.1970.1971.1972.1973.1974.1975..333.3356. b381.2410.9441.4474.2526.5603.4682.3742.5801.5264.6280.8298.8319.9339.1355.9394.2450.0505.4542.6581.3110.3114.4121.8130.8140.2150.3174.3206.2231.7249.3278.744.647.350.553.556.157.962.067.673.274.977.249.754.459.065.770.773.382.599.3119.1132.1136.260.064.667.570.072.074.475.576.981.486.289.213.517.520.925.131.138.346.454.664.882.1101.055.258.261.465.971.279.985.998.9112.2117.8119.21974: III..III.IV.696.8717.0731.9742.5514.1528.2537.4542.6236.1243.4247.6249.373.974.274.874.9121.9127.3130.6132.182.283.284.486.267.572.077.282.1115.2116.9117.3117.81975:1II..III.IV.752.2768.6785.4801.5546.7558.1569.9581.3252.4261.3270.6278.775.275.876.577.2131.9133.0134.5136.287.288.088.389.286.391.095.9101.0119.2119.4119.5119.21976:1...II..Ill817.4839.2861.7592.1609.1626.0286.6299.6312.277.778.779.8138.0141.1144.089.889.790.0105.0107.4111.9120.3122.7123.9i Includesloans held by nondeposit trust companies, but not by bank trust departments.»I ncludes former Federal National Mortgage Association and new Government National Mortgage Association, as well asFederal Housing Administration, Veterans Administration, Public Housing Administration, Farmers Home Administration,and in earlier years Reconstruction Finance Corporation, Homeowners Loan Corporation, and Federal Farm MortgageCorporation. Also includes GNMA Pools and U.S.-sponsored agencies such as new FNMA, Federal Land Banks, andFederal Home Loan Mortgage Corporation. Other U.S. agencies (amounts small or current separate data not readilyavailable) included with "individuals and others."Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.264