In addition to pushing its book of business past $2 trillion, Freddie Mac lifted secondary mortgage activity to a four-year high and cut delinquency to an eight-year low.
The total mortgage portfolio at the Federal Home Loan Mortgage Corp. concluded 2016 at $2.0114 trillion — surpassing $2 trillion for the first time since June 2012.
McLean, Virginia-based Freddie Mac’s book of business was $1.9948 trillion as of Nov. 30, 2016. As of year-end 2015, the total portfolio was $1.9416 trillion.
Source: Mortgage Daily