April 2026

Portfolio growth, a release of credit reserves and strong refinancing activity drove Freddie Mac’s first-quarter earnings up 27% from a year earlier. Processing Content Freddie earned $3.6 billion on a net basis, up from $2.8 billion the previous quarter and a year earlier. It acquired $43 billion in single-family refinances and $60 in purchase loans […]

A builder lines up a deal. Land is identified. Plans are drawn. The numbers work. The lender says yes. And then — somewhere between approval and execution — the ground shifts. The timeline stretches, the draw gets delayed, the capital tightens or worse, disappears altogether. By the time it’s clear what’s happening, it’s already too