Fannie Mae book of business rises 0.6% in July, smallest increase in a year

Fannie Mae's (OTCQB:FNMA) guaranty book of business increased at a compound annualized rate of 0.6% in July to $4.08T. That's the smallest increase since July 2021, when the book increased 0.4%.
YTD, the book of business increased 4.8% on compounded growth rate, lagging the 7.0% pace for all of 2021.
Fannie's (OTCQB:FNMA) conventional single-family serious delinquency rate decreased by 5 basis points to 0.76% in July, and the multifamily serious delinquency rate decreased 2 bps to 0.32%.
As of July 31, 2022, Fannie Mae's (OTCQB:FNMA) exposure to Freddie Mac (OTCQB:FMCC) collateral that was including in outstanding Fannie resecuritizations was $244.7B.
Previously (July 29), Fannie Mae (OTCQB:FNMA) net worth rose 9% in Q2, comprehensive income increased 6%.