Bailout

Freddie Mac: Portfolio Shrinks, Delinquencies Rise

By Anonymous

This graph shows the Freddie Mac single family delinquency rate since January 2005.

Here is the Freddie Mac portfolio data.

From Reuters: Freddie Mac May portfolio shrank annualized 9.9 pct (ht Ron)

Freddie Mac ... said its mortgage investment portfolio shrank by an annualized 9.9 percent rate in May, while delinquencies on loans it guarantees accelerated.

The portfolio decreased to $823.4 billion, for an annualized 5.6 percent increase year to date, the McLean, Virginia-based company said in its monthly volume summary.

In May 2008, the portfolio was $770.4 billion.

Delinquencies ... jumped to 2.62 percent of its book of business in May from 2.44 percent in April and 0.86 percent in May 2008.
...
Freddie Mac said refinance-loan purchase volume was $40.3 billion in May, down from April's $43.3 billion. March's $52 billion was its largest refinance month since 2003.

Full post as published by Calculated Risk on June 26, 2009 (boomark / email).