Freddie Mac Reports Monthly Volume Summary For December 2009

Freddie Mac (FRE) announced that total mortgage portfolio increased at an annualized rate of 5.7% in December.

The company said that aggregate unpaid principal balance or UPB of its mortgage-related investments portfolio was $755.3 billion at December 31, 2009, down from $761.8 billion at November 30, 2009.

Net amount of mortgage-related investments portfolio mortgage purchase (sale) agreements entered in December totaled $2.62 billion, up from the $378 million entered into during the month of November.

Refinance-loan purchase and guarantee volume was $27.3 billion in December, up from $19.3 billion in November.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com