Friday, April 4, 2008

Fannie's Portfolio Grows, Delinquencies Rise

Washington Post (03/25/08) P. D4
Fannie Mae's mortgage-asset holdings increased at a 1-percent annual rate during February, just prior to regulatory changes aimed at bolstering the flailing mortgage market. The government-sponsored enterprise's portfolio expanded by $594 million last month to $721.6 billion, after contracting 4.8 percent in January. Problem loans increased to 1.06 percent in January, the highest in at least 10 years.

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