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or quarter. the XXX,XXX Let families, our mission me in refinance a how served begin We helped we rent first home. with buy,
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record We our issuances also that reduced back-to-back STACR included risks risk record transfer flagship product. for a quarter for credit through single-family our
the alongside protection our in Mac and as Chief Counsel. Second, Diversity lending, Mac's also financial Heidi XX as joined of new consumer experience of growing Wells her. Affairs. services, mortgage to to who XX-year including Fargo, Freddie as for we to our Mac, talent. I Wendell years Mission Freddie Mason at announce pleasure Deputy brings had veteran We securities Counsel proud Freddie President law General work General are Heidi Vice were served recently and and most Officer. a is legal and Inclusion Wendell Government team Chambliss where
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and to earned than turn our now me more of results. in income $X.X the Let prior delivering first net quarter billion significantly of objective, quarter XXXX. We the quarter, third
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with supply. we interest for demand homes pace And is million, homes This is $X.XX a grew on price influence having in sale although March, in to appreciation imbalance move rates can growth expect supply February of price outpacing likely inventory higher, house a is record likely low. major be time. for were and some us homes the as simply to While existing for the of the moderate
and we lenders, committed issues quarter-over-quarter basis past supply and rents the XX.X% on renters, this making accessible. sustainable borrowers challenging environment X.X% over acknowledge months. We higher, a ownership growing remain is for driven and Similarly, to have affordable XX that and
take quarter. of products as This Freddie home to CreditSmart. advantage the programs a Most such little homeowners down education Mac's home first Mac's of For Freddie in loan example, borrower than X% with as will acquire took as payment. borrowers of XX,XXX them more enabled through advantage possible these a new
first more CreditSmart homebuyers and a course, offers XX,XXX U buying Spanish. Homebuyer comprehensive potential alone, understanding both offered which In completed quarter and our consumers English is than in the of home
We colleges more X including black and CreditSmart universities, year, completed HBCU far so this XXX courses to than brought also historically by students. seminars
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within tenant renters, include we or for a increases These by those last rent year protections protections of Additionally, a we're prior home who manufactured community. a a rent community. of and sale building announced the notice closure the housing notice extending planned of to on
address of home updates. to helping and borrowers into accessory gives bring affordable housing which supply. as supply $XX issues CHOICERenovation more help for options to these the Mac million of in homes need financed finance also the the such We're than In Freddie Offerings cost financing renovations, quarter, manufactured units the dwelling ability more through of CHOICERenovation, our loans. homes, in first
our and all sustainable challenging principled environment, to risk importantly, are we while want of management. that Very to on this to taking a maintaining in and work prudent advance we Even commitment housing. remain economic emphasize helping committed I equitable
call and Now Chris I hand Lown, will like would to business cover results. financial who our over to the
