New business rose to the highest level this year at the Federal National Mortgage Association, while delinquency was at its lowest level in nearly six years.
The Washington, D.C.-based firm reported in its operational monthly summary that new business acquisitions reached $35.631 billion in June.
That was the best month since December 2013, when volume was $39.695 billion.
Activity increased from $30.411 billion in May but came up short compared to the $72.574 billion in secondary volume reported for June 2013.
Full first-half 2014 business acquisitions amounted to $182.664 billion.
On a quarterly basis, acquisitions climbed to $96.060 billion in the second quarter from $86.604 billion in the first three-month period of this year.
In the second-quarter 2013, volume was much greater at $227.920 billion.
Fannie Mae reported a $3.1291 trillion total book of business as of June 30. The total was trimmed from $3.1336 trillion as of March 31 and cut from $3.1736 trillion as of June 30, 2013.
The latest number consisted of $2.6763 trillion in outstanding mortgage-backed securities and other guarantees and an $0.4528 trillion gross mortgage portfolio.
Moving on to loan performance, residential delinquency of at least 90 days was 2.05 percent as of mid-year.
Serious delinquency was last this low in October 2008, when the rate was 1.89 percent.
The 90-day rate was 2.08 percent as of May 31, 2014, and 2.77 percent as of June 30, 2013.
The 60-day multifamily delinquency rate was unchanged from May at 0.10 percent but sank from 0.28 percent one year earlier.
