Trending Thursday: More McMansions, Ferguson home values and more

Trending Thursday: More McMansions, Ferguson home values and more

Plus the real truth about whether renters really want to buy

Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”
W S

Fannie Mae mortgage portfolio declines 4% in August

/ Print / Reprints /
| Share More
/ Text Size+
Fannie Mae's gross mortgage portfolio fell at a compound annualized rate of 4% in August, according to the government sponsored enterprise's monthly summary report. During August, the conventional single-family delinquency rate fell 5 basis points to 4.03%, while the multifamily seriously delinquency rate dropped 2 bps to 0.43%. Fannie completed 23,779 loan modifications in August, bringing its eight-month total to 142,698 loan mods. By the end of the month, the company held $16.6 billion in agency, non-Fannie mortgage securities, as well as $ 77.6 billion in nonagency MBS. Including its own mortgage portfolio, the company owns or backs $725.4 billion worth of American home loans. Write to Kerri Panchuk.

Recent Articles by Kerri Panchuk

Comments powered by Disqus