Freddie Mac's April volume summary reported weak portfolio growth. The GSE's mortgage portfolio dipped at an annualized rate of 11.6% in April, while, year-to-date, the total mortgage portfolio has dropped at an annualized rate of 3.8%.

Meanwhile, Freddie's retained portfolio declined at a 1.2% annualized rate in April and year-to-date, the retained mortgage portfolio has increased at an annualized rate of 0.4%. Freddie reported that purchase commitments for the retained portfolio reached $25.2 billion at the end of April, down from $32.3 billion at the end of March.

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