Freddie Mac’s Portfolio Grew 4.2 Percent in 2018

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Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.6 percent in December , down from 6.8 percent the previous month. The portfolio balance at the end of the period was $2.182 trillion compared to $2.170 trillion at the end of November and $2.094 trillion a year earlier. Purchases and Issuances totaled $35.155 billion, bringing the 2018 year-end total to 395.601 billion. The full year 2017 total was $428.786. Sales were ($2.351) billion and Liquidations ($20.867) billion in December and totaled ($24.729) and ($283.215) billion respectively in 2018. The annualized growth rate for 2018 through the end of December was (4.2) percent compared to (4.1) percent for all of 2017. Freddie Mac had purchases of $29.506 billion for the month and $296.649…(read more)

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