Fannie’s Business Down 4th Consecutive Month

For four consecutive months, secondary activity at the Federal National Mortgage Association has retreated. Delinquency fell to a new post-crisis low.

Fannie Mae’s total book of business finished January 2017 at $3.1502 trillion — the highest it’s been since February 2014 when it was $3.1517 trillion.

The Washington-based organization reported the most-recent number, in addition to other operational metrics, in its January 2017 monthly summary.

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From:: Financing