Freddie Mac’s Investment Portfolio Posts Second Gain of 2018

Facebooktwitterlinkedin

Posted To: MND NewsWire

Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 6.3 percent in May. The portfolio balance at the end of the period was $2.123 trillion compared to $2.112 trillion at the end of April and $2.033 trillion at the end of May 2016. Purchases and Issuances totaled $35,493 billion, bringing the 2018 year-to-date total to $147.627 billion, Sales were ($1.215) billion and Liquidations ($22.226) billion in May and totaled ($8.527) and ($113.371) billion respectively so far this year. The annualized growth rate for 2018 through the end of May was 2.9 percent and the liquidations rate for the entire year was (13.0) percent. Single-family refinance-loan purchase and guarantee volume was $8.1 billion, representing 30 percent of total single-family mortgage…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Facebooktwitterredditpinterestlinkedinmail
Show Buttons
Hide Buttons