Fannie Mae book of business advances 1.1% in August after sluggish July

Fannie Mae And Freddie Mac Bailout Projected To Grow

Win McNamee/Getty Images News

  • Fannie Mae's (OTCQB:FNMA) guaranty book of business increased at a compounded annualized rate of 1.1% in August, improving from the 0.6% growth rate seen in the prior month, according to its monthly summary dated Friday.
  • The book of business rose 4.4% YTD on compounded growth rate, falling behind the 7.0% pace for all of 2021.
  • Its conventional single-family serious delinquency rate drifted down four basis points to 0.72%.
  • The company's exposure to Freddie Mac (OTCQB:FMCC) collateral that was included in outstanding Fannie resecuritizations stood at $242.3B.
  • Previously, (Aug. 31) Fannie Mae book of business rises 0.6% in July, smallest increase in a year.

Recommended For You

Comments (2)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.