Freddie Mac reported this week that its total mortgage portfolio increased
at an annualized rate of 8.6 percent in May compared to a 13.2 percent gain in April.
The portfolio balance at the end of the
period was $2.980 trillion compared to $2.959 trillion the prior month and $2.448
trillion a year earlier. Purchases and Issuances totaled $91.739 billion, and
Sales were ($1.292) billion. The April numbers were $121.668 billion, and ($1.761) billion,
respectively. Single-family refinance loan purchase and guarantee volume was $57.1 billion
in May compared to $82.9 billion in April, representing a 66 percent share of
total single-family mortgage portfolio purchases and issuances, down from 72
percent the previous month.