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Freddie Mac's retained portfolio contracts while Fannie Mae's records growth

Freddie Mac reported last week that its retained portfolio contracted 1.2% annualized in May to $723.1 billion, compared to 14.0% growth in April. Year-to-date, retained portfolio growth is a modest 4.4%. The dip in the retained portfolio was due to sales of $5.3 billion and liquidations of $15.8 billion...

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