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Loan Modification

: Mortgage Lender Implode-o-Meter

Freddie Mac's Portfolio Shrinks in May. Delinquency Rate Flat

By Implode-Explode Heavy Industries

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"Despite a 3 percent upward blip in April, the portfolio has dropped 2.9 percent since the first of the year and now has a total balance of $2.22 trillion. The total portfolio, however, is still 18.2 percent larger than it was in May 2009. The annualized liquidation rate in May was 17.8 percent compared to 19.2 percent in April."

Full post as published by Mortgage Lender Implode-o-Meter on June 25, 2010 (boomark / email).

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