Relevant:
- Delinquent Buy-Outs Add $3.9bn to Freddie's Ever-Growing Mortgage Portfolio
- Freddie Mac buys $62.5 billion in mortgages
- Freddie Mac Footprint Continues to Shrink
- Fannie Mae Mortgage Portfolio Passes $800bn in May, Cleared to Fund More ‘Dead Assets’
- Freddie’s Refinance Purchases Fall Since April
2009-05-29 — housingwire.com
Even as the Obama Administration’s Making Home Affordable initiatives began taking effect, one of the government-sponsored mortgage giants saw its April portfolio shrink from year-ago levels as its monthly purchases and issuance fell 32.5%.
Government-sponsored enterprise (GSE) Freddie Mac (FRE: 0.7802 +0.03%) saw its mortgage portfolio decrease at an annualized rate of 8.1% in April, according to the monthly volume summary released today.
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