New business inched higher at the Federal Home Loan Mortgage Corp. As the company’s book of business expanded, serious mortgage delinquency declined.

When April 2018 was over, Freddie Mac’s total mortgage portfolio stood at $2.1123 trillion — including an $0.2403 trillion investment portfolio and $1.8720 trillion in outstanding mortgage-related securities and other guarantees.

The McLean, Virginia-based secondary mortgage lender reported the data, along with other operational metrics, in its Monthly Volume Summary: April 2018.

Source: Mortgage Daily