Freddie Mac recently reported on its share of seriously delinquent loans. 

The results showed the government-sponsored enterprise holds a disproportionately small share of delinquent loans in the U.S.

For instance, Freddie Mac holds 21% of shares of first mortgages outstanding. Fannie Mae, on the other hand, holds 34% of shares of first mortgages outstanding. 

To illustrate the government's dominance of the mortgage market, private label securities only hold 7% of the first mortgages outstanding.

On the other hand, private-label securities hold one of the highest amounts of seriously delinquent first mortgages at 25%.