Replies to post #261784 on Fannie Mae (FNMA)

[LongWoolyWilly]

I agree with the Zep and Chess analysis.

Other than Govt. continuing the (illegal and morally wrong) sweep and Lamberth's ruling which is a pure distraction, our stand is looking stronger than ever before pointing to something good.

Pessimistic nuts will sell due to panic attack, immediately after that the good news will come out giving credence to the phrase it is darkest before dawn.

[Always wondering]

Fannie Mae reports September 2014 monthly summary: Book of Business increased at a compound annualized rate of 1.5%

4:03 PM ET 10/31/14 | Briefing.com

Fannie Mae's Book of Business increased at a compound annualized rate of 1.5 percent in September.Fannie Mae's Gross Mortgage Portfolio declined at a compound annualized rate of 12.7 percent in September.The Conventional Single-Family Serious Delinquency Rate fell three basis points to 1.96 percent in September; the Multifamily Serious Delinquency Rate remained at 0.09 percent in September.The Effective Duration Gap on Fannie Mae's portfolio averaged zero months in September.?Fannie Mae completed 8,684 loan modifications in September, for a total of 96,915 loan modifications in the nine months ended September 30, 2014.
Click here to access the report.