Web capital growth improved around fifty% or $900 million so you can $dos
eight million, priily mortgage responsibilities and you may beneficial spreads. Complete 12 months credit-related bills , that was due mainly to the release out of pandemic-associated arrangements this present year and you may take advantage of an effective 16.8% rise in home values inside the 2021.
Freddie Mac’s financial collection grew because of the 18% year-over-year to help you $step three.dos trillion during the avoid 2021. This increase is priily mortgage collection and you can an excellent 7% escalation in the multifamily mortgage profile.
Turning to the fresh next quarter away from 2021, i claimed net income of $dos.eight million, down 6% regarding fourth quarter a year ago and you may complete income away from $dos.7 mil, upwards 8% on same several months just last year.Read More »Web capital growth improved around fifty% or $900 million so you can $dos