Decade-Low for Fannie’s Mortgage Delinquency

New monthly business was better at the Federal National Mortgage Association. An even bigger improvement was made in delinquency, which sank to the lowest level in nearly a decade.

Washington-based Fannie Mae concluded May 2017 with a total book of business that stood at $3.1678 trillion, according to its Monthly Summary.

The total continued to grow from one month earlier, when the balance was $3.1640 trillion, and one year earlier, when the book was $3.1009 trillion.


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From:: Financing

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