Skip to Content
https://MF.FreddieMac.com/
Skip to Content

Our Results for 2Q21

2021 through June 30

William Buskirk

We had a strong quarter as we continued to focus on our mission.

Below, we describe our year-to-date 2021 results.

William Buskirk
Multifamily Chief Financial Officer

Contact me for more information or clarification.

Multifamily New Business Activity

new business report thumbnail

This chart reports our New Business Activity on a monthly basis.

Download

Multifamily Production Mission Volume Analysis

Production Mission Volume Analysis thumbnail

This chart reports our production mission-driven volume for 2020.

Download

 
$1,798 million
$1,798
million
comprehensive income

We continued to generate strong returns for U.S. taxpayers

1.28% forbearance rate
1.28%
forbearance rate
 

Provided relief to borrowers in these challenging times. On June 30, 2021, 1.28% of loans in our multifamily mortgage portfolio were in forbearance.

0/15 credit results
0/15
credit
results
 

Our credit profile remains strong as of June 30, 2021. We had no credit losses and our delinquency rate was 15 basis points.

0 REO
0
REO
 

We had no real estate-owned properties on the books.

$27 billion new business
$27
billion
new business
 

Our loan purchases created liquidity in virtually every corner of the rental market.

mission driven, affordable housing
~67/33%
mission-driven, affordable housing
 

 About 67% of the year-to-date 2021 new business activity, based on UPB, was mission-driven, affordable housing, with about 33% being affordable to renters at 60% of area median income or below.

97% affordable
97%
affordable
 

More than 9 in 10 eligible units we financed supported U.S. households earning at or below 120% of area median income.

~271,000 rental units
~271,000
rental
units
 

We financed rental units in a wide variety of large, medium and small markets.

$43 billion securitized
$43
billion
securitized
 

Since inception of our K-Deal® program in 2009, the company has cumulatively transferred a large majority of credit risk on the multifamily guarantee portfolio.

$398 billion
$398
billion
multifamily mortgage portfolio
 

93% of our mortgage portfolio comprised securitized mortgage loans (underlying securities that we guarantee).