Freddie Mac’s Single-Family Delinquency Rate Tops 3% In September

Posted by Orb Staff on October 26, 2009 No Comments
Categories : Residential Mortgage

The delinquency rate on Freddie Mac's portfolio of single-family loans rose to 3.33% in September – up 20 basis points from August, the McLean, Va.-based company announced Friday in its monthly volume summary.

The company's multifamily delinquency rate was 0.11% during the month. The aggregate unpaid principal balance of Freddie's mortgage-related investments portfolio was $784.2 billion at the end of September – up from $779.4 billion at the end of August.

The total mortgage portfolio increased at an annualized rate of 0.8%, and the refinance-loan purchase volume stood at $21.4 billion. In August, Freddie's refinance-loan purchase volume was $35.6 billion.

SOURCE: Freddie Mac

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