Freddie
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 $ […]
Freddie Mac Business Activity Slowed in April
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 13.2 percent in April compared to a 27.2 percent gain in March. The portfolio balance at the end of the period was $ 2.785 trillion compared to $ 2.927 trillion the prior month and $ 2.434 trillion a year […]
Refis Constituted Three-Quarters of Freddie Mac’s February Volume
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.7 percent in February compared to a 16.1 percent gain in January. The portfolio balance at the end of the period was $ 2.818 trillion compared to $ 2.777 trillion the prior month and $ 2.350 trillion a year […]
Mid-Month Forbearance Pattern Repeats; More On Mortgage Rates’ Ticking Clock; Freddie Adopting SOFR
There was an increase in the number of loans in forbearance over the last week as the share within all lender portfolios, even the GSEs’, moved higher. Black Knight said, however, that an uptick in mid-month has become common, generally driven by fewer borrowers exiting their plans. This was true this past week as well. […]