This is the insane pool/patio video everyone is going crazy over

This is the insane pool/patio video everyone is going crazy over

Never expected our Facebook to blow up over one of these

Freddie Mac: Here are the top 5 improving metro housing markets

Not just L.A. and NYC

It’s official: Steve Horne out as Wingspan CEO

Jason Spooner takes over; Horne becomes senior advisor
W S

Freddie Buys 40% Fewer Refi Mortgages in September

/ Print / Reprints /
| Share More
/ Text Size+
Freddie Mac (FRE) purchased fewer refinanced loans in September as the mortgage giant’s single-family delinquency rate continued its steady climb. Freddie issuance totaled $32.9bn in September, down from $47.8bn in August and up from $27.2bn in September 2008, according to the agency’s monthly volume summary. The total mortgage portfolio increased at an annualized rate of 0.8% in September. Refinance mortgage purchases totaled $21.4bn in the same month, dropping nearly 40% from $35.6bn in August. The net amount of mortgage purchases or sales agreements made for Freddie’s mortgage-related investments portfolio reached $4.6bn, falling from $12.1bn in August. The 90-day single-family delinquencies increased again in September to 3.33% from 3.13% in August. Delinquencies swelled from 1.22% in September 2008 and have increased every month since by an average of 17 basis points. Write to Jon Prior.

Recent Articles by Jon Prior

Comments powered by Disqus