2017 High for Freddie’s New Biz, Delinquency Spikes

After ascending to the highest level this year, monthly secondary activity moved even higher at the Federal Home Loan Mortgage Corp. Serious mortgage delinquency, however, deteriorated.

The government-sponsored enterprise’s total mortgage portfolio finished November at $2.0821 trillion, according to its Monthly Volume Summary: November 2017.

McLean, Virginia-based Freddie Mac’s book of business continued to grow from the prior month, when it was $2.0671 trillion, and a year prior, when it stood at $1.9948 trillion.


…read more

From:: Financing

Leave a Reply