Vice President and Chief Economist, Economic & Housing Research
Even in the best of times, forecasts are extraordinarily difficult. However, these are hardly the best of times, and the ongoing uncertainty means these projections may be more unclear than usual.
The last few weeks have been ones of deep reflection, sadness and anger in the wake of the tragic killings of George Floyd, Breonna Taylor and Ahmaud Arbery.
Freddie Mac responded to unprecedented challenges while serving its mission in the first quarter.
In 2019, Freddie Mac delivered solid earnings, with strong returns and executed on our mission of providing liquidity, stability and affordability to the housing market.
In 2019, Freddie Mac’s total Optigo production volume reached $78.4 billion and our securitization volume was a record $75.5 billion. As we look to the new year, Freddie Mac Multifamily is poised to continue leading the way.
Freddie Mac’s Chief Economist addresses key topics including mortgage rates, home prices, home sales, housing supply, and affordability.
Working in the housing market can often be about big numbers.
At this year’s Optigo conference more than 1,000 lenders, borrowers, dealers and investors joined together to network with peers, share their thoughts on the multifamily industry, and learn about Freddie Mac’s path forward.
More so than any time in the past 11 years, we at Freddie Mac believe our fate is in our own hands.
Analysis predicted tax reform would slash affordable housing investment. Our $500 million boost may be one reason that never happened.
We remain in excellent financial health and we are fully supporting our mission of providing liquidity, stability and affordability to the rental and home purchase markets.