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

Our Results for 3Q20

2020 through September 30

William Buskirk

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

Below, we describe our year-to-date 2020 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 Q4 2019.

Download

 
$2,066 million
$2,066
million
comprehensive income

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

2.2% forbearance rate
2.2%
forbearance rate
 

Provided relief to borrowers in these challenging times. On September 30, 2020, 2.2% of loans in our multifamily mortgage portfolio were in forbearance.

0/13 credit results
0/13
credit
results
 

Our credit profile remains strong as of September 30, 2020. We had no credit losses and our delinquency rate was 13 basis points.

0 REO
0
REO
 

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

$48 billion new business
$48
billion
new business
 

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

mission driven, affordable housing
~41%
mission-driven, affordable housing
 

As of September 30, 2020, the total cumulative new business activity counting toward the 10/1/2019-12/31/2020 loan purchase cap was $65.5 billion.

96% affordable
96%
affordable
 

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

~497,000 rental units
~497,000
rental
units
 

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

$49 billion securitized
$49
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.

$331 billion
$331
billion
multifamily portfolio
 

Our guaranteed transactions represented a majority of our total portfolio. 87% of new loan purchases were intended for securitization.