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- Freddie Mac's (OTCQB:FMCC) total mortgage portfolio rose at an annualized rate of 1.0% in November, the slowest rate of the past year, to $3.41T, the government-sponsored enterprise said Thursday.
- That compares with a 1.9% growth rate in October. In December 2021, FMCC's portfolio climbed at a 13.1% rate, the highest of the past year.
- Single-family refinance-loan purchase and guarantee volume was $3.6B in November, representing 16% of total single-family mortgage portfolio purchases and issuances.
- Single-family delinquency rate remained flat at 0.66% in November. Multifamily delinquency rate was 0.15%, also unchanged from the prior month.
- Previously (Nov. 8), Freddie Mac's (OTCQB:FMCC) Q3 top and bottom lines dipped, credit loss provision jumped.