The Federal Home Loan Mortgage Corp. finished last year on a high note, with monthly business reaching an annual high. But delinquency was the worst in 17 months.
As of Dec. 31, Freddie Mac’s total mortgage portfolio was $2.0976 trillion, according to its Monthly Volume Summary: December 2017.
The McLean, Virginia-based organization’s book of business expanded from $2.0821 trillion one month earlier and $2.0114 trillion one year earlier.
Source: Mortgage Daily