5-Month High For Freddie’s New Business

Secondary marketing activity accelerated to the highest level in five months at the Federal Home Loan Mortgage Corp. as delinquency fell to the lowest level in nearly a decade.

The balance of the secondary lender’s total mortgage portfolio concluded the first half of this year at $2.0409 trillion, growing from $2.0332 trillion the prior month.

McLean, Virginia-based Freddie Mac provided those details, along with other operational results, in its Monthly Volume Summary: June 2017.


…read more

From:: Financing

Leave a Reply