Fannie Mae Makes the Grade

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago **The monthly summary report contains information about Fannie Mae’s monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications. Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/FannieMae.** The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Fannie Mae Makes the Grade 2017-06-29 Brianna Gilpin Fannie Mae Makes the Grade Governmental Measures Target Expanded Access to Affordable Housing 2 days ago June 29, 2017 1,230 Views Subscribe Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Previous: Survey Says. . . Next: Greg McCoskey Joins NTC as Lead General Counselcenter_img Share Save Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brianna Gilpin Demand Propels Home Prices Upward 2 days ago Fannie Mae’s monthly summary showed a compound annualized growth rate of 1.5 percent for May 2017, an increase of 0.2 percent from the 1.3 percent annual growth rate shown in April. Fannie Mae’s book of business also increased at a compound annualized rate of 1.5 percent.Fannie Mae also reported that the conventional single-family serious delinquency rate decreased three basis points to 1.04 percent in May, from 1.07. A year prior, the overall rate was 1.38 percent. The multifamily serious delinquency rate remained flat at 0.04 percent, which is a 0.01 percent decrease year-over-year.The first five months of 2016 showed 1.8 percent monthly growth year-to-date. Fannie Mae’s total book of business showed a compound annual growth rate of 1.4 percent for all of 2016, which compares with a 1.8 percent compound growth rate year to date in 2017. Fannie Mae’s gross mortgage portfolio increased temporarily in April and came back down in May to $255,721 from $278,462. For the full year in 2016, total mortgage portfolio end balance was 272,354.Fannie Mae added that it had completed 7,210 loan modifications in April. Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Market Studies, News Related Articleslast_img

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