AI
Thursday, August 29, 2024 9:39:15 AM
in guaranty book of business so far in 2024
FNMA: Fannie Mae posts biggest increase in guaranty book of business so far in 2024https://t.co/J9AEiRBIuA
— Cmdr Ron Luhmann (@usnavycmdr) August 29, 2024
Fannie Mae (OTCQB:FNMA) experienced the biggest compounded growth
rate for its guarantee book of business so far in 2024, climbing 2.0% in
July vs. June's 1.3% ascent, the government-sponsored enterprise said
on Wednesday.
Conventional single-family serious delinquency rate inched up to 0.49% in
July from 0.48% in June, and the multifamily serious delinquency rate
ticked gained 12 basis points to 0.56%.
As of July 31, 2024, Fannie Mae's (OTCQB:FNMA) maximum exposure
to Freddie Mac collateral that was included in outstanding Fannie Mae
re-securitizations was $206.8B.
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