first_imgHome / Daily Dose / July 2017: How Freddie Fared July 2017: How Freddie Fared Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Foreclosure, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Diversity: Influencing the Mortgage Industry Next: Yellen: There’s Still More Work to Do  Print This Post The Best Markets For Residential Property Investors 2 days ago Subscribe Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Freddie Mac The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Share Save Demand Propels Home Prices Upward 2 days ago About Author: Brianna Gilpin Freddie Mac released its July 2017 Monthly Volume Summary with a portfolio volume of $2.043 trillion up from June’s $2,04 trillion, a jump of 1.8 percent. Year to date, Freddie’s portfolio has increased at an annualized rate of 2.8 percent.Single-family refinance-loan purchase and guarantee volume represented 32 percent of all single-family mortgage portfolio purchases and issuances, according to the report, a volume of $8.8 billion in July. Refinances represented 68 percent of all single-family purchases.Serious delinquency rates for the single-family market, which is based on the number of mortgage loans that are three monthly payments or more past due or in the process of foreclosure, remained flat at 0.85 percent in July, with all categories (non-credit enhanced, primary mortgage insurance, and other) also without significant or any change.In July, aggregate unpaid principal balance (UPB) of Freddie’s mortgage-related investments portfolio decreased by about $6.9 billion while the GSE’s mortgage related securities and other mortgage-related guarantees increased by 4.0 percent at an annualized rate.According to the report, the measure of Freddie’s exposure to changes in portfolio market value (PMVS-L) averaged $43 million with a duration gap that averaged 0 months.Freddie’s mortgage investments portfolio, which has a $250 billion goal, had an ending balance of $277 billion in July. Mortgage funding sat at $33 billion in July and $233 billion year to date.Earlier in the month, when talking about their report on Q2 2017’s results, Freddie Mac CEO Donald H. Layton said, “We at Freddie Mac are proud of the work we’re doing and proud of the success we’re having in making home possible for millions of Americans and in building a better housing finance system.”To read the full report, click here. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Freddie Mac 2017-08-25 Brianna Gilpin Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago August 25, 2017 1,203 Views Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more