Monthly and annual residential business at the Federal Housing Administration retreated as delinquency deteriorated. But in its commercial real estate business, activity ascended.
Last year ended with FHA insurance in force on 8,597,089 residential loans for $1.3128 trillion, according to operational data from the Department of Housing and Urban Development.
The total was comprised of $1.1654 trillion in single-family loans, $0.1465 trillion in home-equity conversion mortgages and $0.0010 trillion in Title I loans.<
Source: Mortgage Daily
