7 billion, priily loan duties and good spreads. Full year borrowing from the bank-relevant debts , that was due primarily to the release from pandemic-associated conditions in 2010 and make use of good sixteen.8% boost in home values in 2021.
Freddie Mac’s home loan profile grew because of the 18% year-over-12 months so you’re able to $step 3.dos trillion at the avoid 2021. This improve was priily home loan portfolio and a beneficial eight% escalation in the multifamily home loan collection.
Turning to the brand new 4th quarter out of 2021, i said net gain off $2.seven billion, off six% about next one-fourth a year ago and you may comprehensive money off $dos.eight billion, up 8% throughout the exact same period just last year. The decrease in net income are primarily passionate by the a card expense this quarter compared with brand new set aside discharge regarding fourth quarter regarding 2020.
Entering greater detail. Last one-fourth web revenues totaled $5.six mil, a rise off 11% compared to $5 million from the early in the day seasons one-fourth down to large web interest earnings, partially counterbalance by straight down low-attract income.
Read moreInternet capital increases increased about 50% otherwise $900 billion so you’re able to $2
