Freddie Mac Mortgage Portfolio Reverses Four Month Decline

Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 23.7 percent in August compared to an 8.4 percent gain in July. The portfolio balance at the end of the period was $3.093 trillion compared to $3.033 trillion the prior month and $2.575 trillion a year earlier. Purchases and Issuances totaled $119.682 billion, and Sales were ($277) billion. The July numbers were $85.899 billion, and ($1.110) billion, respectively. Single-family refinance loan purchase and guarantee volume was $65.7 billion in August compared to $40.5 billion in July, representing a 58 percent share of total single-family mortgage portfolio purchases and issuances, up from 50 percent the previous month. Purchases in Freddie Mac’s Mortgage Related Investments Portfolio totaled…(read more)

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


Freddie Mac Mortgage Portfolio Reverses Four Month Decline
Freddie Mac Mortgage Portfolio Reverses Four Month Decline

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *