(AFX UK Focus) 2010-06-29 21:56 UPDATE 1-Fannie Mae May portfolio up, delinquencies drop
Wednesday, June 30th, 2010(AFX UK Focus) 2010-06-29 21:56 UPDATE 1-Fannie Mae May portfolio up, delinquencies drop
NEW YORK, June 29 (Reuters) - Fannie Mae, the largest provider of funding for U.S. home mortgages, on Tuesday said its mortgage investment portfolio grew in May, while delinquencies on loans it guarantees slowed significantly. The portfolio increased by an annualized 43.6 percent rate to $813.7 billion in May from $789.5 billion the previous month, the Washington-based company said in its …
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