It has been eight months since new business at the Federal National Mortgage Association was as low as it was in January. Delinquency, meanwhile, improved.

Washington-based Fannie Mae’s book of business concluded last month at $3.2236 trillion, according to its January 2018 Monthly Summary.

The massive portfolio included an $0.2349 trillion investment portfolio and $2.9887 trillion in outstanding mortgage-backed securities and other guarantees.

Source: Mortgage Daily