Secondary activity sank to the slowest level in six months at the Federal Home Loan Mortgage Corp. Delinquency, meantime, fell to a new post-crisis low.
Freddie Mac reported in its Monthly Volume Summary: January 2017 that its total mortgage portfolio concluded the first month of the year at $2.0176 trillion.
The McLean, Virginia-based company’s portfolio climbed from $2.0114 trillion as of year-end 2016. It also grew from $1.9441 trillion at the same point last year.
Source: Mortgage Daily