ajtj99's Market Pulse

[Jerry Olson]

Freddie Mac announces its monthly volume summary for March of 2009; says that total mortgage portfolio increased at an annualized rate of 21.0% in March (0.81)Co announces its monthly volume summary for March of 2009. Co says that total mortgage portfolio increased at an annualized rate of 21.0% in March. Refinance-loan purchase volume was $52 billion in March, our largest refinance month since 2003. We began the purchase of refinance mortgages originated under the Making Home Affordable Program (MHA Program) in April 2009. Due to the inception of this program and recent declines in mortgage interest rates our refinance activity will likely remain elevated in the near term. The aggregate unpaid principal balance (UPB) of our mortgage-related investments portfolio increased to $867.1 billion at March 31, 2009