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Freddie Mac's YTD Purchases Top $1 Trillion
Wednesday, December 23, 2020
Freddie Mac reported this week that its total mortgage portfolio increased
at an annualized rate of 29.5 percent in November compared to a 25.7 percent
gain in October. The portfolio balance at the end of the period was $2.689
trillion compared to $2.625 trillion the prior month and $2.302 trillion a year
earlier. The growth rate for the year to date is 16.8 percent. Purchases and Issuances totaled $155.291 billion and Sales were ($4.080)
billion. The October numbers were $137.285 billion and ($1.706) billion,
respectively. Single-family refinance loan purchase and guarantee volume was $107.3
billion in November compared to $89.7 billion in October, representing a 74 percent
share of total single-family mortgage portfolio purchases and issuances
compared to 71 percent the previous month.
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