Freddie Mac’s total mortgage portfolio grew at annual rate of 2.8 percent in November, the company reported today. Its retained portfolio decreased at an annualized rate of 6 percent last month.

Freddie Mac is a government-chartered corporation owned by shareholders. The company buys mortgages, repackages them and sells some to investors and also retains a portion. This helps maintain liquidity in the nation’s mortgage markets.

Other highlights from the mortgage buyer’s November volume summary include:

  • Retained portfolio purchases increased to $18.8 billion in November, from $14.9 billion in October.

  • Retained portfolio mortgage purchase agreements, net were $7.7 billion in November, down from $14.1 billion in October.

  • Total PCs and Structured Securities Issued decreased at an annualized rate of 0.4 percent in November.

  • Structured securitizations were $18.5 billion in November, relatively unchanged from October.

  • Single-family non-credit enhanced delinquency rate was 24 basis points in October, up from 23 basis points from the prior month.

  • Portfolio market value sensitivity averaged 2 percent in November, unchanged from October; Freddie Mac’s duration gap was zero months in November, unchanged from October.

***

Send tips or a Letter to the Editor to jessica@inman.com or call (510) 658-9252, ext. 133.

      Show Comments Hide Comments
      Sign up for Inman’s Morning Headlines
      What you need to know to start your day with all the latest industry developments
      By submitting your email address, you agree to receive marketing emails from Inman.
      Success!
      Thank you for subscribing to Morning Headlines.
      Back to top
      Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
      Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
      Log in
      If you created your account with Google or Facebook
      Don't have an account?
      Forgot your password?
      No Problem

      Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

      Forgot your username? If so please contact customer support at (510) 658-9252

      Password Reset Confirmation

      Password Reset Instructions have been sent to

      Subscribe to The Weekender
      Get the week's leading headlines delivered straight to your inbox.
      Top headlines from around the real estate industry. Breaking news as it happens.
      15 stories covering tech, special reports, video and opinion.
      Unique features from hacker profiles to portal watch and video interviews.
      Unique features from hacker profiles to portal watch and video interviews.
      It looks like you’re already a Select Member!
      To subscribe to exclusive newsletters, visit your email preferences in the account settings.
      Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
      1-Step CheckoutPay with a credit card
      By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

      You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

      Interested in a group subscription?
      Finish setting up your subscription
      ×