The company's mortgage portfolio grew to $3.6 trillion, up 2% year-over-year. The serious delinquency rate for Single-Family loans decreased to 0.55%, while the delinquency rate for Multifamily loans increased to 0.47%. Strategic Initiatives and Corporate Developments Freddie Mac's net worth increased to nearly $65 billion, reflecting the company's efforts to enhance its financial stability. The company completed approximately 24,000 loan workouts during the quarter. Additionally, new business activity reached $94 billion, up from $85 billion in the second quarter of 2024, driven by an increase in refinance activity. Management's Perspective William J. Pulte, Director of U.S. Federal Housing and Chair of the Board of Directors at Freddie Mac, commented, "U.S. Federal Housing is transforming Freddie Mac, making it more efficient and effective, and improving productivity over time. We grew the business in the second quarter, with our mortgage portfolio ending at $3.6 trillion.