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22 800.918.9100 Info@VPS360.com VPS360.com OFFERING THE STRONGEST DEFENSE IN VACANT PROPERTY PROTECTION • Steel Window Screens • Steel Security Doors • Digital and Keyed Steel Doors • Digital Keypad Security • A/C Fortress • Wireless Video Monitoring • Security Lights A CLOSER LOOK AT FREDDIE MAC'S PORTFOLIO Freddie Mac's total mortgage portfolio has increased once again, this time rising at an annualized rate of 1.8 percent for the month, according to the government-sponsored entity's May 2017 Monthly Volume Summary released in June. at's up from the 0.5 percent jump the portfolio experienced in April. Still, despite the uptick, Freddie's growth rate pales in comparison to a few months prior. In March, the portfolio rose at an annualized rate of 4.8 percent; in December of 2016, it jumped 10 percent over the year. In total, Freddie completed $28.5 billion in mortgage purchases and issuances, $2.4 billion in sales, and $23 billion in liquidations in May. Its mortgage portfolio ended the month with a total balance of just more than $2 trillion. e total aggregate unpaid principal balance of Freddie's mortgage-related investments portfolio dropped by $7.1 billion, while its mortgage-related securities and guarantees rose at an annualized rate of 4.2 percent. As a part of its mortgage-related investments portfolio, the GSE completed $17 billion in purchases, $20 billion in sales, and $4 billion in liquidations. e ending balance on the portfolio came in at $282 billion—about $7 billion under the previous month. Under its mortgage-related securities and guarantees portfolio, Freddie completed $27 billion in issuances and $21 billion in liquidations. e ending balance rose $6 billion over the month, closing out with an ending balance of $1.8 trillion. For the month of May, Freddie's total volume for single-family refinance loan purchases and guarantees came out to $9.4 billion, equaling about 40 percent of the company's total single-family portfolio—a share that has remained steady since April. Relief mortgages accounted for 8 percent of Freddie's total refinance volume for the month—down from 9 percent in April. e GSE completed 3,559 single-family loan modifications for the month—down from April's 4,588. To date, Freddie has completed just over 20,000 modifications to date this year. Overall, the company's seriously delinquent rate on single-family loans dropped from 0.92 percent to 0.87 percent. Multifamily delinquencies declined from 0.03 percent in April to 0.01 percent in May. e GSE has funded $155 billion in mortgages year-to-date. The percentage of millennials that have entered the housing market in the last five years. Source: Zillow's Housing by Generation Research, "Equity Inequality: The Differing Impact of the Boom and Bust on Millennial, Gen X and Older Homeowners" STAT INSIGHT 62.5%