Page 29 - February 2018 Disruption Report Flip Book
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FREDDIE MAC
JAN.U-FAERBY. 2018
the first time after growing 6% last year, the highest rate in a decade.” Freddie also transferred a majority of its credit risk on $280 billion principal balance in 2017, increasing its share of transferred risk from 26% of the guaranteed portfolio in 2016 to 35% last year.
“Our work to innovate and reimagine the mortgage experience—and almost all business activities—has helped increase our competitiveness and made home possible for 2.3 million home- buying and renting families in 2017,” added Layton. “Notably, the number of first-time homebuyers we funded hit a 10-year high and we were once again the nation’s top multifamily financier.” (Press Release, Freddie Mac, 02/15/18; HousingWire, Kelsey Ramirez, 02/15/18)
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