Freddie Mac reported this week that its total mortgage portfolio increased
at an annualized rate of 22.4 percent in December compared to a 29.5 percent
gain in November. The portfolio balance at the end of the period was $2.740
trillion compared to $2.689 trillion the prior month and $2.301 trillion a year
earlier. The growth rate for 2020 was 17.6 percent, up from 6.8 percent for all
of 2019. Purchases and Issuances totaled $129.639 billion and Sales were ($1.330)
billion. The November numbers were $155.291 billion and ($4.080) billion,


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