Fannie/Freddie In California CY 2009: $245 Billion/ 816,000 Homes.

My recent post about CY 2009 GSE and FHA activity HERE included tables showing that GSE CY 2009 loan volume in Oregon was 103,000 loans, representing a federal commitment of $22.6 billion.

I thought it might be interesting to see what GSE loan volume was in California during CY 2009 and so I prepared  tables HERE that show the volume of all loans, and also first time home buyer loans, by California county.

Some CY 2009 California GSE SF observations:

• The GSE's purchased more than 816,000 SF loans in California, representing a federal commitment of $245 billion.
• Of those loans, 88,000 were first time home buyer loans representing a $25 billion federal commitment.
• First time home buyer loans represented 11% of all GSE SF loans. 
• Los Angeles county alone accounted for 53,000 SF GSE loans, and a $117 billion federal commitment, with 22,000 homes and $6.9 billion of that committed to first time home buyers.
• Fannie share of GSE loan purchases was 65%.

Originally created and posted on the Oregon Housing Blog.