Freddie Mac's (OTCQB:FMCC) reported a annualized growth rate of 22.4% to $2.74T in December total mortgage portfolio led by borrowers leveraging record low mortgage rates.
Single-family refinance-loan purchase and guarantee volume stood at $77.6B in December accounting for 70% of total single-family mortgage portfolio purchases and issuance.
Aggregate unpaid principal balance of Freddie's mortgage-related investments portfolio declined by ~$10.8B in December.
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