Delinquency deteriorated and new business stumbled at the Federal Home Loan Mortgage Corp. But the company’s book of business continued to expand.
The ending balance of the total mortgage portfolio was $2.0568 trillion as of September 2017, according to Freddie Mac’s Monthly Volume Summary: September 2017.
A month earlier, the balance at the McLean, Viriginia-based company was $2.0534 trillion. A year earlier, the total stood at $1.9840 trillion.
Source: Mortgage Daily