Fannie Maereleased its Monthly Summary report for September earlier today. It showed a 2.1% decline in its retained portfolio, which improved from a 7.3% contraction in August. Year-to-date, the retained portfolio is down 0.4% with an ending balance of $725.5 billion. For purposes of Fannie Mae's consent order with Office of Federal Housing Enterprise Oversight, it estimates its "mortgage portfolio" of assets to be approximately $723 billion.
In a related event, Freddie Mac reported Tuesday that its retained portfolio contracted 7.7% in September, following negative growth rates in August and July of 6.8% and 18.6%, respectively. Year-to-date, the retained portfolio has declined 1.4% and stands at $702.4 billion. For purposes of their agreement with the OFHEO, Freddie Mac estimates the total retained mortgage portfolio at just under $700 billion as of the end of September