Freddie Mac Publishes May’s Volume Summary

Posted by Orb Staff on June 29, 2009 No Comments
Categories : Residential Mortgage

e Mac's unaudited monthly [link=http://freddiemac.com/investors/volsum/pdf/0509mvs.pdf][u]volume summary[/u][/link] for May shows the company's total mortgage portfolio decreased at an annualized rate of 1.6% in May. Refinance-loan purchase volume totaled $40.3 billion during the month, down from $43.3 billion in April. The aggregate unpaid principal balance of Freddie's mortgage-related investments also decreased, totaling $823.4 billion as of May 31. The amount of mortgage-related investments portfolio mortgage purchase and sale agreements entered into during the month totaled $5.3 billion, up from the $956 million entered into during the month of April. Total guaranteed PCs and structured securities issued decreased at an annualized rate of 0.4% in May, Freddie Mac adds. SOURCE: Fred

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