Freddie Mac reported in its monthly volume summary report for December, which was released last Tuesday morning, that its retained portfolio slipped 1.2% after holding steady in November. The retained portfolio ended the year at $703.6 billion, down from $710.0 billion in 2005.

Net mortgage purchase agreements rose to $14.3 billion from $10.1 billion. For 2006, these agreements totaled $182.6 billion compared to $232.7 billion in the previous year.

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