Freddie Mac Portfolio Growth Slowed Slightly, Delinquencies Down

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Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.2 percent in April, declining from 8.0 percent the previous month. The portfolio balance at the end of the period was $2.216 trillion compared to $2.204 trillion at the end of March and $2.109 trillion a year earlier. Purchases and Issuances totaled $36.071billion and Sales were ($1.204) billion. The March numbers were $37.311 billion and ($3.048) billion respectively. The annualized growth rate for the year-to-date is 4.6 percent. Single-family refinance loan purchase and guarantee volume was $11.2 billion in April, representing 37 percent of total single-family mortgage portfolio purchases and issuances. Both numbers were virtually unchanged from March. Purchases in Freddie Mac’s Mortgage…(read more)

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