After falling to the lowest level in over eight years, delinquency rose for the first time in almost seven years at the Federal National Mortgage Association.

The Washington-based organization reported in its monthly summary that its total book of business concluded November 2016 at $3.1376 trillion.

Fannie Mae’s book of business expanded from $3.1297 trillion as of one month earlier and has also grown from $3.0999 trillion as of one year earlier.

Source: Mortgage Daily