Web capital increases increased more or less 50% otherwise $900 million in order to $2

Web capital increases increased more or less 50% otherwise $900 million in order to $2

eight billion, priily loan requirements and you can favorable spreads. Complete year borrowing from the bank-relevant expense , which had been mainly due to the discharge away from pandemic-associated specifications in 2010 and you will benefit from an excellent sixteen.8% boost in home values into the 2021.

Freddie Mac’s home loan collection grew by the 18% year-over-12 months to $3.2 trillion in the stop 2021. So it boost was priily financial profile and you can a great 7% escalation in the multifamily financial profile.

Looking at this new 4th one-fourth off 2021, i claimed net income regarding $2.eight billion, down 6% on last quarter a year ago and you can complete income away from $2.7 mil, upwards 8% throughout the exact same months last year. New decrease in net gain was generally determined of the a card costs which one-fourth compared to the newest reserve discharge regarding fourth quarter away from 2020.

Entering more detail. Fourth quarter websites profits totaled $5.six mil, a growth from eleven% compared to the $5 million on the early in the day year quarter as a result of highest online attention income, partially offset because of the lower non-attention income. (altro…)

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