""Fannie Mae's"":http://www.fanniemae.com/portal/index.html book of business increased for the second month in a row in November, marking the fourth month of increases in 2013, according to the GSE's ""monthly volume report."":http://www.fanniemae.com/resources/file/ir/pdf/monthly-summary/113013.pdf
[IMAGE]Fannie Mae's book of business grew at a compounded annualized rate of 0.1 percent in November, down from 0.8 percent in October.
[COLUMN_BREAK]Despite the past two months' increases, Fannie Mae's book of business has declined at an annualized rate of 0.8 percent over the year as of November.
Fannie Mae's total book of business is valued at $3.17 trillion as of November, while its total mortgage portfolio totals $496 billion.
The mortgage portfolio declined in November at a compounded annualized rate of 19.8 percent, according to the report
The GSE completed $42 billion in new business acquisitions over the month and $757 billion year-to-date as of November 30.
Fannie Mae also completed more than 12,000 loan modifications in November. Year-to-date, the GSE completed 146,192 modifications.
The delinquency rates for single-family and multifamily properties at the GSE are down in November, falling four basis points and two basis points, respectively.
Fannie's single-family delinquency rate is 2.44 percent as of November, and its multifamily delinquency rate is 0.11 percent.