California-based Sabal Capital Partners, one of the earliest partners in Freddie Mac’s Small Balance Loan Program, broke a record this month when it sold the enterprise a portfolio of 39 small-balance loans worth $189 million. All the underlying properties are in East Harlem.

Freddie Mac announced late last month that it had closed a deal with RBC Capital Markets to create a $180 million low-income housing tax credit fund. The fund, Freddie’s fourth LIHTC deal since re-entering the market last year after a decade’s absence, has already made several investments.

Freddie Mac last week announced that Sara Mathew has been elected non-executive chair of the company’s board of directors. Mathew, who currently chairs the board’s audit committee, will replace Christopher Lynch, who’s term-limited out after 10 years on the board, six of them as chair.

Redwood Trust last week announced that it would invest as much as $78 million in a partnership seeking to acquire up to $1 billion in floating rate light-renovation whole loans from Freddie Mac. The California-based real estate investment trust says it has already funded the partnership to the tune of $20 million.

Investors Unite, a group of Fannie Mae and Freddie Mac shareholders seeking to reverse the so-called net profit sweep — the mechanism by which the Federal Housing Finance Agency sends all GSE profits to the Treasury as dividends — held a sort of figurative rally last week to celebrate a recent string of legal victories.

Fannie Mae and Freddie Mac issued a combined total of just $51.86 billion of single-family mortgage-backed securities in January, their lowest monthly production since February 2016. [Includes two data charts.]

The supply of Freddie Mac single-family mortgage servicing rights grew at more than twice the rate of increase in Fannie Mae product during 2018, according to a new Inside the GSEs analysis and ranking. [Includes two data charts.]

Freddie Mac last week announced the creation of its latest vehicle for credit risk transfer — the Multifamily Credit Insurance Pool.

Merchant Capital, an affordable housing lender based in Carmel, IN, announced in late December that it used Freddie Mac’s first official non-LIHTC forward commitment to secure financing for a $19.7 million workforce housing development in Rochester, MN.