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Real Estate & Property Law

: Housing Wire

Freddie?s Refinance Purchases Fall Since April

By DIANA GOLOBAY

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While mortgage giant and government-sponsored enterprise Freddie Mac (FRE: 0.53 -22.06%) saw 2.62% of its single-family mortgages seriously delinquent in May, its refinance-loan purchases dropped 7% from the month before. Freddie’s total mortgage portfolio decreased at a 1.6% annualized rate in May, according to a volume summary released today. The aggregate unpaid principal balance of its mortgage-related [...]

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

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