The Federal National Mortgage Association’s book of business climbed to a nearly three-year high, while delinquency fell to a nearly eight-year low.
As of the conclusion of last year, the total book of business at the Washington-based secondary mortgage lender worked out to $3.1442 trillion.
Fannie Mae grew the total from Nov. 30, 2016, when it was $3.1442 trillion. It also expanded from Dec. 31, 2015, when it was $3.0994 trillion.
Source: Mortgage Daily
