Although its secondary activity abated and its book of business backed down, the Federal National Mortgage Association made more progress on its delinquency.
During the month of August, new business acquisitions at Fannie Mae were $39.606 billion.
The metric was among many reported in its August 2015 Monthly Summary.
Secondary volume slowed compared to the previous month, when there were $47.345 billion in new business acquisitions.
But business improved from $37.670 billion during the same month last year.
So far this year, the Washington-based company has generated $354.456 billion in new business acquisitions.
Fannie closed out the most-recent month with a $3.1013 trillion total book of business, off from $3.1067 trillion at the end of July 2015 and $3.1169 trillion as of Aug. 31, 2014.
The Aug. 31, 2015, book included
$2.7234 trillion in outstanding mortgage-backed securities and other guarantees and an $0.3779 trillion gross mortgage portfolio.
Single-family delinquency of at least 90 days slipped a basis point from July to 1.62 percent — the lowest rate of serious delinquency since it was 1.57 percent in August 2008.
Ninety-day residential delinquency stood at 1.99 percent in August 2014.
On its multifamily portfolio, 60-day delinquency was also off a basis point to 0.05 percent as of August 2015. A year earlier, the multifamily delinquency rate was 0.09 percent.
