Residential loan delinquency again turned lower at the Federal Home Loan Mortgage Corp., this time to the lowest level in nearly a decade.

The month-end balance of the secondary lender’s total mortgage portfolio was $2.0332 trillion as of May, according to its Monthly Volume Summary: May 2017.

McLean, Virginia-based Freddie Mac grew its portfolio from $2.0301 trillion one month earlier and $1.9577 trillion twelve months earlier.

Source: Mortgage Daily