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Freddie Mac’s (OTCQB:FMCC) total mortgage portfolio advanced in July at an annualized rate of 1.9% to $3.52T, the company said on Monday, slightly accelerating from June’s 1.5% increase.
Since the start of the year, its mortgage portfolio has grown at a 1.7% annualized rate.
Single-family refinance-loan purchase and guarantee volume stood at $3.4B in July, representing 12% of total single-family mortgage portfolio purchases and issuances.
Single-family delinquency rate ticked up to 0.51% from 0.50% in the previous month, while the multifamily delinquency rate of 0.39% inched up from 0.38% in June.
As of July, our maximum exposure to Fannie Mae-issued collateral that was included in Freddie Mac-issued resecuritizations was approximately $107.1B.
