Freddie Agrees to Cap Portfolio Growth, Avoiding a Regulatory Confrontation
August 3, 2006
In a move that sidesteps a possible legal confrontation with one of its regulators, Freddie Mac agreed this week to temporarily limit the growth of its retained portfolio to an annual growth rate of no more than 2 percent above its June 30 level, which was $710.3 billion on a GAAP basis. …