Freddie Mac’s Portfolio Continues to Grow

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Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.3 percent in June, a bit slower than the 7.5 percent from the previous month. The portfolio balance at the end of the period was $2.239 trillion compared to $2.230 trillion at the end of May and $2.128 trillion a year earlier. Purchases and Issuances totaled $44.458 billion and Sales were ($2.770) billion. The May numbers were $46.082 billion and ($4.436) billion respectively. The annualized growth rate for the year-to-date is 5.3 percent. Single-family refinance loan purchase and guarantee volume was $12.7 billion in April, down from $13.3 billion in May and representing a slight downturn in the share of total single-family mortgage portfolio purchases and issuances from 37 percent in May…(read more)

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