Skip to main content

Freddie Mac's Mortgage Portfolio Decreased at a Rate of 3.2 Percent in April

May 25, 2011

Freddie Mac has released the company's Monthly Volume Summary for April 2011, providing information on the government-sponsored enterprises (GSEs) mortgage-related portfolios, securities issuance, risk management and delinquencies. The total mortgage portfolio decreased at an annualized rate of 3.2 percent in April, while single-family refinance loan purchase and guarantee volume was $16.6 billion in April, reflecting 70 percent of total mortgage purchases and issuances. Freddie Mac also reported 11,349 total loan modifications in April 2011 and 46,507 for the first four months of 2011. The aggregate unpaid principal balance (UPB) of Freddie Mac's mortgage-related investments portfolio decreased by approximately $5.3 billion in April. Freddie Mac's mortgage-related securities and other guarantee commitments decreased at an annualized rate of 2.6 percent in April. The single-family seriously delinquent rate decreased to 3.57 percent in April, while the multifamily delinquency rate increased to 0.40 percent in April.  
About the author
May 25, 2011
The Sale, The Risk & The Trend

The chronicles of Norcom Mortgage

Jul 08, 2024
A Reading From The Book Of Kyle

A Texas coach and former pastor felt a calling, spawning a best-selling how-to for loan officers

Jul 08, 2024
Mortgage Applications Increase Slightly In Latest Survey

Applications increased 0.8% from one week earlier.

Jun 26, 2024
FHFA Approves Freddie Mac's Second Mortgage Pilot

The GSE's limited program will permit cost-effective cash-out refinances

Jun 24, 2024
Former Rocket Mortgage SVP Turned UWM Broker Partner

Zoom Home Lending, headed by former Rocket Mortgage executives, partner with their old wholesale rival, UWM

Jun 20, 2024
Potential For Declining Rates This Summer, Following CPI Report

Norada Real Estate Investments said "rates likely to decline" after the latest CPI report.

Jun 17, 2024