Fannie Mae-No Politics (FNMA)

[along4zride]

Get out of the way of Fannie Mae

Fannie Mae's Book of Business increased in November at a compound annualized rate of 0.7 percent up to $3.12 trillion, marking only the second time in the last 12 months the Book of Business has increased month-over-month.

Serious delinquency rate on Fannie Mae's conventional single-family mortgage loans declined by one basis point from October down to 1.91 percent. November marked the 36th month in a row the serious delinquency rate declined at least one basis point month-over-month.

The value of Fannie Mae's mortgage-backed securities and other guarantees totaled $2.791 trillion in November, representing an annualized compound rate month-over-month decline of 1.0 percent after experiencing an increase in three of the previous four months.

Arnold