NEW YORK Dec 23 Freddie Mac's mortgage
investment portfolio shrank in November while the rate of
delinquencies on the loans in guarantees escalated, the U.S.
home funding company said on Wednesday.
The unpaid principal balance of its mortgage-related
investments fell at a 12.9 percent annual rate last month to
$761.8 billion, for a 5.8 percent through the first 11 months
of the year.
The delinquency rate on its single-family mortgage
portfolio jumped 18 basis points to 3.72 percent in November.
(Reporting by Lynn Adler; Editing by Padraic Cassidy)