TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties
Investments / The Ticker

Fannie Mae: Single-family serious delinquency rate falls to 3.35% in October

/ Print / Reprints /
| Share More
/ Text Size+

The conventional single-family serious delinquency rate fell six basis points to 3.35% in October, compared to 3.41% in September and 4% from the previous year, according to Fannie Mae’s monthly summary.

The multifamily serious delinquency rate remained unchanged at 0.28% from last month, and was down from 0.58% last year.

Fannie Mae completed 14,511 loan modifications, totaling 138,211 over the past ten months.

In October, the government-sponsored enterprise’s gross mortgage portfolio declined at a compound annualized rate of 19.3%. 

The book of business remained essentially flat, declining at a compound annualized rate of 0.03%. Also, the effective duration gap of the GSEs' portfolio averaged zero months in October. 

The monthly report summary contains information about Fannie Mae’s monthly and year-to-date activities including mortgage-backed securities, interest-rate risk measures and serious delinquency rates.

Recent Articles by HousingWire Staff

Comments powered by Disqus