(Bloomberg) -- Freddie Mac, the mortgage finance
company that overtook Fannie Mae this year to become the largest
provider of funds for U.S. home loans based on portfolio size,
said its mortgage assets fell back behind its rival last month.
Freddie Mac's portfolio contracted $5.2 billion in April to
$709.2 billion, while Fannie Mae's holdings fell $2.2 billion to
$710.6 billion, the companies said in releases today. In March,
Freddie Mac's assets surpassed Fannie Mae's for the first time,
rising to $714.5 billion, or $1.7 billion more than its rival.
Read more at Bloomberg Bonds News
company that overtook Fannie Mae this year to become the largest
provider of funds for U.S. home loans based on portfolio size,
said its mortgage assets fell back behind its rival last month.
Freddie Mac's portfolio contracted $5.2 billion in April to
$709.2 billion, while Fannie Mae's holdings fell $2.2 billion to
$710.6 billion, the companies said in releases today. In March,
Freddie Mac's assets surpassed Fannie Mae's for the first time,
rising to $714.5 billion, or $1.7 billion more than its rival.
Read more at Bloomberg Bonds News
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